News Broadcasting
Times Global Broadcasting sets up distribution team
MUMBAI: With the launch date drawing nearer, Times Global Broadcasting Co Ltd, the joint venture news broadcasting company of The Times of India Group and Reuters, has inducted key executives to manage the distribution of its English news channel.
Times Global Broadcasting V-P and business head Partho Dasgupta confirmed the following appointments to indiantelevision.com:
Deepak Agarwal has joined Times Global Broadcasting as DGM affiliate network, west zone. He will be based in Mumbai. Agarwal had a long association with MTV Networks and Times of India Group. Agarwal was instrumental in launching channels such as religious channel Sanskar and the southern-music channel SS Music.
Managing the north and east is Tapas Roy who has joined as DGM affiliate network, North. Roy is an import from Sahara India Media & Entertainment’s (SIME). He was previously associated with SitiCable and has also had stints with BBC World and Star India.
Ramesh N, yet another distribution professional from MTV Networks, would be based out of Bangalore, to take charge of the distribution business of the south market as group manager affiliate network. Ramesh has worked with the Zee Turner Group and MEN-ESPN.
The company is likely to inducted few more in due course of time.
Earlier this quarter, Reuters acquired 26 per cent equity stake in The Times Global Broadcasting Co Ltd. The industry media observers signify that the promoters wish to have a global presence with the proposed news channel.
To begin with, industry sources indicated, the yet-to-be named news channel would first spread its wings to South Asian Association for Regional Cooperation (SAARC) countries before embarking on further international expansion. Dasgupta would, however, offer no comment in this regard.
Meanwhile, in a bid to capitalize on the equity of the Times brand, one of the names being toyed with for the channel is Times Global, informed sources aver. According to sources, Times has received the green-signal for its uplinking licence and is eyeing a mid-September launch for the channel.
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.
