BAJAJ BROKING
Network18 Media & Investments Limited, one of India’s largest media conglomerates, has announced its Q2 FY2025 results. It includes popular brands like JioCinema, Moneycontrol, and more.
Despite a marginal 2.2% YoY drop in consolidated revenue, TV18 reported notable improvements in key segments. The News business showed robust growth, with a 5.9% increase in revenue driven by strong digital ad performance, while the Entertainment business saw a dip in revenue, mainly due to lower movie releases during the quarter.
The company’s EBITDA showed improvement, driven by better cost management and operational synergies post the merger of TV18 and E18, effective from October 3, 2024.
Digital Portfolio Growth: Moneycontrol Pro crossed 9.2 lakh paid subscribers, reinforcing its leadership position in financial news. News18.com also saw a 40% YoY increase in page views.
TV News Network Performance: The network strengthened its leadership position with a 60bps QoQ increase in viewership share, leading in key markets with channels like CNBC TV18, CNN News18, and News18 India.
JioCinema’s Growth: JioCinema continued to be the fastest-growing OTT platform, crossing 16 million paid subscribers with a 100bps QoQ increase in Viacom18’s TV viewership share.
Metrics | Q2 FY2025 | Q1 FY2025 | Q2 FY2024 |
Revenue from Operations (₹ Crores) | 1,825 | 3,141 | 1,866 |
News Segment Revenue (₹ Crores) | 445 | 453 | 420 |
Entertainment Segment Revenue (₹ Crores) | 1,339 | - | 1,416 |
Subscription Revenue (₹ Crores) | 733 | - | 511 |
Cons Operating EBITDA (₹ Crores) | -179 | - | -218 |
Profit Before Tax (₹ Crores) | -148 | -194 | -118 |
Profit After Tax (₹ Crores) | -152 | -195 | -119 |
Here are the key percentages from the TV18 Q2 FY2025 results:
Consolidated Revenue Decline: 2.2% YoY drop in consolidated revenue (₹1,825 crores in Q2 FY2025 vs ₹1,866 crores in Q2 FY2024).
News Segment Revenue Growth: 5.9% YoY growth in news segment revenue (₹445 crores in Q2 FY2025 vs ₹420 crores in Q2 FY2024).
Entertainment Segment Decline: 5.4% YoY decline in entertainment revenue (₹1,339 crores in Q2 FY2025 vs ₹1,416 crores in Q2 FY2024).
Subscription Revenue Growth: 43.6% YoY growth in subscription revenue (₹733 crores in Q2 FY2025 vs ₹511 crores in Q2 FY2024).
Viewership Increase: 60bps QoQ increase in TV news network viewership share.
JioCinema Growth: JioCinema saw a 100bps QoQ increase in Viacom18’s TV viewership share, crossing 16 million paid subscribers.
Management Commentary:
Mr. Adil Zainulbhai, Chairman of Network18, stated,
“We are happy to have completed the merger of our news businesses. With a strong portfolio of TV channels and digital platforms, covering the breadth of the country and catering to its linguistic diversity, we are ideally positioned to become the most preferred news network of India. We are committed to push boundaries of innovation and lead the growth of the industry as we build on this strong foundation.”
TV18’s Q2 results highlight strong operational growth despite a slight revenue decline. The company's strategic investments in digital and sports content, coupled with the completion of the merger, position it well for continued leadership in India’s media landscape.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Shree Cements Q2 Results FY24-25 Preview | Estimate
11 Nov, 2024 | 1 Min. read
Gold Rate Today | Gold Prices Log Steepest Weekly Drop in 5 Months Amid Stronger Dollar
11 Nov, 2024 | 2 Min. read
ITI Emerges Lowest Bidder in BharatNet Phase-3 Project with ₹4,559 Crore Orders
11 Nov, 2024 | 2 Min. read
GR Infra Wins ₹867.54 Crore Bid for BSNL BharatNet Phase 3 Project
11 Nov, 2024 | 2 Min. read
Commodities Market Today | Gold and Oil Prices Drop Amid Dollar Strength and Supply Stability
11 Nov, 2024 | 1 Min. read
Share Market Today | Gift Nifty Indicates A Soft Start For Indian Markets Today
11 Nov, 2024 | 4 Min. read
DCX Systems Secures ₹460.3 Crore Order from Lockheed Martin
11 Nov, 2024 | 2 Min. read
SpiceJet to Launch Seaplane Operations Across India in 2025
11 Nov, 2024 | 2 Min. read
Asian Paints Q2 Results FY24-25 Preview | Estimate
11 Nov, 2024 | 1 Min. read
Hindalco Q2 Results FY24-25 Preview | Estimate
11 Nov, 2024 | 1 Min. read
NHPC Q2 Results FY24-25 Preview | Estimate
08 Nov, 2024 | 1 Min. read
Mahindra & Mahindra Raises Fy25 Tractor Growth Forecast Amid Strong Q2 Results
08 Nov, 2024 | 3 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading