News Broadcasting
News18 Odia to host Rising Odisha 2024, a confluence of visionaries shaping the state’s future
Mumbai: News18 Odia announces the upcoming ‘Rising Odisha’, an essential event highlighting the significant growth and development efforts taking place in Odisha. The event is set to take place on 23 February 2024 at the Welcomehotel by ITC Hotels in Bhubaneshwar, from 5:00 PM onwards. This platform aims to discuss not only success stories across various sectors but also the challenges that Odisha faces for its further development.
The event will bring together key stakeholders, thought leaders, policymakers, and visionaries to discuss and celebrate Odisha’s remarkable journey of transformation and progress. Rising Odisha will showcase significant development in the fields of healthcare, women empowerment, sustainable industrial development, sports, and rural connectivity through initiatives like Laxmi Bus, etc., along with the evolving landscape of the education sector.
Chief minister Naveen Patnaik will grace the occasion, providing valuable guidance to drive the state towards further progress and development. He will be joined by other eminent speakers, policymakers, and experts to discuss important topics, sharing development plans designed for Odisha’s future growth.
The esteemed guests at the include Naveen Patnaik, Chief Minister, Odisha; Pratap Keshari Deb, Minister, Industry, MSME and Energy; Atanu Sabyasachi Nayak, Minister, Higher Education; Tusharkanti Behera, Minister, Sports and Youth Services;Smt. Usha Padhee, Principal Secretary, Commerce and Transport; Manoj Mishra, Principal Secretary, Electronics and Information Technology; Dilip Tirkey, President, Hockey India; Smt. Shreemayee Mishra, Chairperson, OB & OCWWB and Dr. Brundha D. CEO, SHAS, BSKY
The plenary sessions at the Rising Odisha will include discussions on various topics such as Biju Swasthya Kalyan Yojana (BSKY) – ‘Game Changer in Health Services’, Mission Shakti – ‘Key to Prosperous Odisha’, Transformation in Education, Odisha – ‘The Sports Capital of India’, Laxmi Bus – ‘The Lifeline of Rural Odisha’, and Industrialization Beyond Metal and Mines.
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
