India, Oct. 23 -- Streaming giant Netflix recorded its highest-ever quarterly paid net subscriber additions in India in the September quarter of 2026, crediting a strong local content slate and its first transaction-based loyalty bundle with Flipkart.

Revenue in India grew about 18% YoY on a foreign exchange-neutral basis, which excludes the impact of currency movements, Netflix said in its quarterly shareholder letter. Viewing hours rose 24% YoY, while viewing hours per member increased by a low-to-mid single-digit percentage.

Netflix did not disclose the number of paid net additions in India or how many came through the Flipkart partnership.

During its Q3 earnings call, co-CEO Greg Peters pointed to India as an example of how locally...