News Broadcasting
Trai issues additional QoS instructions
NEW DELHI: Indian broadcast regulator today came out with more details on quality of service (QoS) to be observed by MSOs and local cable operators in CAS-notified areas.
The Telecom Regulatory Authority of India (Trai) has said the reporting (in the prescribed format) of QoS by approved MSOs and local cable ops shall be done on or before the expiry of 15 days from the end of the quarters and shall pertain to the quarters ending with 31 March, 30 June, 30 September and 31 December of each calendar year.
Further, in the case of Chennai, the first reporting shall be for the quarter ending December 2006 and in case of notified areas of Mumbai, Delhi and Kolkata, it shall be for the quarter ending 31 March, 2007.
Trai had issued Regulation specifying standards of Quality of Service to be observed by the MSOs and cable operators in CAS notified areas of Chennai, Mumbai, Delhi and Kolkata on 23 August 2006.
This regulation provided that Trai, for the purpose of monitoring, can prescribe formats and demand reports from service providers on observance of QoS standards.
Further, in MSOs who are permitted to provide cable service in CAS notified areas under the Cable Amendment Rules of 2006 would be obliged to maintain quality of standards as may be determined by the regulator.
A full text of the general directive is available on the regulator’s website.
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.
