Network18 Media & Investments Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for the financial year 2024-25'.
NETWORK18 · price
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Awaiting price reaction for this filing.
Network18 has submitted its mandatory Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI's listing regulations. The company reported a turnover of Rs. 2,207 crore and a net worth of Rs. 5,124 crore, with nearly all revenue (99.9%) coming from broadcasting and digital media. It employs 4,886 people across 27 offices in India, with 76% male and 24% female staff; women make up 33% of the board. The company flagged content veracity and human capital development as key opportunities, while data protection, business ethics, and regulatory compliance were identified as material risks. All 4,886 employees received training on human rights, health and safety, with 100% covered under health and accident insurance.
This is a routine regulatory compliance filing, not an event-driven announcement, so it should not move the stock on its own. It does give investors a clear view of the company's ESG practices: solid employee welfare metrics and policy coverage, but a sharp rise in customer complaints to 8,688 (from 3,861 last year) and continued losses meaning no CSR spend is required. No immediate action needed for shareholders, but useful for ESG-focused investors.