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Network 18 Media & Investments Ltd.

BSE: 532798 Sector: Others
NSE: NETWORK18 ISIN Code: INE870H01013
BSE 00:00 | 27 Mar 16.80 -0.05
(-0.30%)
OPEN

17.10

HIGH

17.60

LOW

16.25

NSE 00:00 | 27 Mar 17.20 0.55
(3.30%)
OPEN

17.40

HIGH

17.45

LOW

16.10

OPEN 17.10
PREVIOUS CLOSE 16.85
VOLUME 49069
52-Week high 38.00
52-Week low 14.85
P/E
Mkt Cap.(Rs cr) 1,759
Buy Price 16.80
Buy Qty 400.00
Sell Price 17.65
Sell Qty 525.00
OPEN 17.10
CLOSE 16.85
VOLUME 49069
52-Week high 38.00
52-Week low 14.85
P/E
Mkt Cap.(Rs cr) 1,759
Buy Price 16.80
Buy Qty 400.00
Sell Price 17.65
Sell Qty 525.00

Network 18 Media & Investments Ltd. (NETWORK18) - Chairman Speech

Company chairman speech

TO SHAREHOLDERS

Dear Shareholders

FY 2018-19 has been a year of unprecedented change for the TV and Digital mediaindustry. Amidst a new regulatory regime in broadcasting rising competitive intensity indigital and an ad-environment that ebbed and flowed we are happy to have emerged strongerand having reinforced our consumer connect. A strong and pipe-agnostic content strategyinnovations in programming formats and a focus on building robust platforms have been thekeys to our success. We have continued to enhance our reputation as the premiermulti-platform destination for objective cutting-edge news and entertainment that pushesthe envelope.

We reach 800 million Indians today through our 55 domestic TV channels making 1 in 2Indians a consumer of our broadcast content. Our digital properties reach 130 millionIndians implying that 1 in 4 internet users in India are on our websites or apps. Theyear gone by was defined by regional content consumption and monetisation across newsentertainment and digital. Our portfolio of channels and digital properties reachesconsumers in 15 languages across 26 states. Building on our position as India's top mediahouse with unparalleled reach we touch lives of Indians across geographies and genresevery day speaking to them in their own language.

We are the No. 1 news broadcaster by a wide margin. Our entertainment portfolio is theyoungest and fastest growing amongst peers and is the No. 3 pan-India entertainmentnetwork. In addition to TV broadcasting it includes a film studio renowned forclutter-free cinema (a peerless example is the film "Andhadhun") and leading OTTplatform VOOT. Our digital news offering under the News18 umbrella is now available in 12languages and is India's largest multi-language news destination. Flagship business andfinance app MoneyControl is today ranked as Asia's No. 1. A key achievement has been ourforay into subscription and transaction models in our flagship digital properties aimedat embracing change and accelerating growth.

We remain committed to invest across segments and stitch partnerships across the mediavalue-chain so as to ring-fence growth and leadership derive synergies of scale andcost and improve profitability in the medium-term.

Regards

Adil Zainulbhai

Chairman