Sony Pictures Networks India FY26 profit rises 15.6% to ₹556 cr, revenue up 9%

Sony Pictures Networks India (SPNI), earlier known as Culver Max Entertainment, has reported a 15.6 per cent increase in its consolidated net profit to ₹556.1 crore in 2025-26, according to the RoC filing from the broadcast major.

Its revenue from operations was up 9 per cent to ₹6,830.04 crore in FY26. Total consolidated income, which includes other income, was at ₹7,064.08 crore, up 9.36 per cent for the financial year ended on March 31, 2026, as against ₹6,459.43 crore a year ago.

The company, which owns 28 channels in entertainment, sports, and infotainment, along with an OTT platform SonyLiv, had reported a net profit of ₹481.21 crore in FY25, and its revenue from operations for that year was at ₹6,261.16 crore.

Total expenses of SPNI were also up 7.78 per cent to ₹6,311.47 crore in FY26 -- the first full year of its MD and CEO, Gaurav Banerjee.

In FY26, SPNI's advertisement spend was up 24 per cent to ₹1,262.88 crore against ₹1,018.34 crore in FY25.

According to industry experts, there is a complete turnaround in the company's performance, driven by advertising income, as it held the broadcast rights for several marquee cricket properties across the Indian subcontinent.

SPNI has exclusive TV and digital rights for all Men’s and Women’s Asia Cups through 2031 and aired the Asia Cup 2025. Besides, KBC and Wheel of Fortune also helped SPNI, a company jointly owned by SPE Mauritius Holdings and SPE Mauritius Investments, achieve 9 per cent growth in advertising revenue in FY25, they said.