Network18 Q2 revenue grows 9.4% despite weak ad market

Network18 Media & Investments reported a 9.4% year-on-year increase in consolidated operating revenue to Rs 545 crore in Q2 FY27, compared with Rs 498 crore in the corresponding quarter last year. This marks the company's fifth consecutive quarter of revenue growth. The growth came amid a challenging advertising environment. The advertising inventory consumption in the news genre declined by around 13%, as corporate advertising spends remained subdued amid the West Asia conflict, a weak monsoon

Network18 Media & Investments reported a 9.4% year-on-year increase in consolidated operating revenue to Rs 545 crore in Q2 FY27, compared with Rs 498 crore in the corresponding quarter last year. This marks the company's fifth consecutive quarter of revenue growth. The growth came amid a challenging advertising environment. The advertising inventory consumption in the news genre declined by around 13%, as corporate advertising spends remained subdued amid the West Asia conflict, a weak monsoon