We enclose herewith a copy of the Annual Report of the Company for FY 2024-25 along with Notice of the 30th AGM scheduled to be held on Thursday, July 3, 2025 at 4:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means (VC/OAVM).
NETWORK18 · price
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Network18 has submitted its Annual Report for FY 2024-25 along with the notice for its 30th Annual General Meeting, scheduled for July 3, 2025, to be held via video conferencing. The report highlights that Network18 became India's #1 TV news network with a 14.1% market share (up from 8.4% in March 2022) and crossed 315 million unique digital visitors, along with 388 million+ social media followers. Operating revenue grew 4.3% year-on-year, while operating profit saw only a marginal improvement amid a subdued advertising environment. The merger of subsidiaries TV18 Broadcast Ltd and e-Eighteen.com Limited with Network18 became effective on October 3, 2024, consolidating TV and digital news assets. Moneycontrol Pro crossed 1 million paid subscribers, and the fintech vertical disbursed nearly 30,000 loans during the year.
For shareholders, the filing confirms steady but modest financial performance with single-digit revenue growth and only marginal profit improvement, reflecting the challenging advertising environment. The strengthened market leadership position, successful merger integration, and growth in subscription/fintech businesses could provide long-term support, though near-term earnings momentum remains limited.