News Broadcasting
Star India unveils interactive audio service ‘Voice’
MUMBAI: Star Entertainment has launched what it claims as the organisation’s biggest endeavor in the mobile entertainment space Star 7827 Voice. The interactive audio- service is kicking off with an audio-episode of Star Plus’s new prime-time show Karam Apnaa Apnaa.
The audio episode will launch on 23 August, ahead of the soap’s premiere, which is scheduled for 29 August.
To explore Star 7827 Voice, mobile subscribers can dial in 127827 from their BSNL mobile phones and say ‘STAR’ to get a sneak preview of what the new show Karam Apnaa Apnaa, is all about. This service will also be extended to other telecom subscribers in the due course, informs an official release.
This May, Star India had announced a slew of initiatives to enhance & expand its services from television-focused interactivity to entertainment specially created and aggregated for the mobile screen through Star 7827.
Says Star India Interactive senior VP Viren Popli on the new initiative, “Star 7827 is one of the key focus areas of our business and by creating such special content, we have put together an offering that synergizes our programming strength with global learnings of entertainment ‘on the go’. We will continue to make such efforts and refresh our content to offer compelling entertainment for our mobile & television consumers.”
Adds Star India marketing’s Satya Raghavan, “Star Plus’ new prime time show Karam Apnaa Apnaa is one of the biggest launches of the year for us, therefore we wanted to extend the service of Star 7827 Voice, first with this show. Going forward we would integrate this interactive service with other ongoing programs of the channel, as well. This platform is really our endeavor to reach the consumer further, and deliver him content at his convenience and time, so he can catch up with his favorite programs, which will help him to be abreast of all that is happening on television, even when he is on the move.”
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.
