The increase is attributed to strong viewership gains on the network's top channels.
The network offers premium content spanning fantasy, web series, kids, movies and much more.
Network18 reported a consolidated net loss of Rs 28.84 crore.
Its business revenues grew 13% in Q1 FY23 despite its free-to-air Hindi GEC going off DD FreeDish.
Colors and Colors Rishtey will now be distributed to audiences in the UK.
