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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Network18 Media & Investments
Network18 Media & Investments (NETWORK18) investor relations material
Network18 Media & Investments Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary30 Oct, 2026
Executive summary
Consolidated Q2 FY27 returned to profit, with ₹52.96 crore PAT, supported by ₹107.19 crore share of profit from associates and joint ventures; standalone reported a ₹63.04 crore loss.
Consolidated H1 PAT was ₹14.60 crore versus ₹190.10 crore a year earlier; the prior period included a ₹150.64 crore exceptional item.
Financial highlights
Consolidated Q2 revenue from operations was ₹544.67 crore versus ₹497.81 crore YoY; PAT was ₹52.96 crore versus ₹41.25 crore, and EPS was ₹0.34 versus ₹0.27.
Consolidated H1 revenue from operations was ₹1,060.93 crore versus ₹965.67 crore; PAT was ₹14.60 crore versus ₹190.10 crore, and EPS was ₹0.09 versus ₹0.25.
Standalone Q2 revenue from operations was ₹458.30 crore versus ₹477.18 crore YoY; net loss narrowed to ₹63.04 crore from ₹70.12 crore.
Standalone H1 revenue from operations was ₹933.58 crore versus ₹907.58 crore; net loss was ₹140.96 crore, while prior-year H1 net profit of ₹446.05 crore included a ₹587.01 crore exceptional item.
Segment performance
Operations are reported as a single segment, Media Operations, with no separate reportable segments.
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Latest events from Network18 Media & Investments
- Merger and JV with Disney-Reliance drove 49% revenue growth, but profitability declined.NETWORK18
Q4 23/24 - Q1 FY27 saw lower revenues, higher net losses, and negative margins amid regulatory and structural changes.NETWORK18Q1 26/27
- Revenue and net profit rose, but exceptional items and restructuring drove major one-time impacts.NETWORK18Q4 25/26
- Q3 FY26 revenue up 5% YoY; digital and TV leadership sustained, net loss impacted by one-offs.NETWORK18Q3 25/26
- Q1 FY25 saw continued losses, negative margins, and high leverage, with no outlook provided.NETWORK18Q1 24/25
- Half-year revenue grew, but losses deepened amid negative margins and major group amalgamation.NETWORK18Q2 24/25
- Exceptional items drove a large standalone profit and consolidated loss in Q3 FY25.NETWORK18Q3 24/25
- FY25 saw major restructuring, with large exceptional items and continued operating losses.NETWORK18Q4 24/25
- Q1 FY26 results show improved margins, reduced losses, and major exceptional income from ETPL.NETWORK18Q1 25/26
Next Network18 Media & Investments earnings date
Q3 26/2713 Jan, 2027
Network18 Media & Investments
Next Network18 Media & Investments earnings date
Q3 26/2713 Jan, 2027
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