Network 18 Media Q3 FY’24 Results

Unveil the financial prowess of Network 18 Media’s Q3 FY23-24. Board-approved results showcase remarkable growth and strategic insights. Read More>> Source: BSE, Investor Presentation Network 18 Share price

Network 18’s Big Merger Plan

Network 18's Q3 2023-24 results reveal a merger plan, making it India's largest news media conglomerate. Source: BSE, Investor Presentation Network 18 Share price

General Takeaways

TV News revenue up 23%, Digital News rises by 20%, Entertainment segment faces a 12% drop. Source: BSE, Investor Presentation Network 18 Share price

Merger Impact

The merger of Network18 with e.eighteen.com and TV18 simplifies the holding structure. Source: BSE, Investor Presentation Network 18 Share price

TV Network Success

TV News network leads with 10.6% viewership share, Colours channel gains 200+ GRPs. Source: BSE, Investor Presentation Network 18 Share price

Operating Features

JioCinema remains India's top OTT platform, Colours Cineplex climbs to No.4 in Hindi movies. Source: BSE, Investor Presentation Network 18 Share price

Management Commentary

The Chairman emphasizes the merger's aim to simplify operations and strengthen shareholder value. Source: BSE, Investor Presentation Network 18 Share price

Financial Results

Q3 FY 2023-24 metrics show a drop in revenue, but the company maintains resilience. Source: BSE, Investor Presentation Network 18 Share price