News Broadcasting
Ten Sports to telecast India-Pak hockey series
MUMBAI: The much-awaited India-Pakistan hockey series is about to unfold. The two countries face each other in an eight match hockey series after four long years, of which the first four will be played in Pakistan and the rest in India.
Ten Sports will live telecast the first four matches played in Pakistan.
Along with the live telecast, Ten Sports has lined up a slew of programmes including reruns of classic India-Pak clashes to coincide with the tour. An official release informs that the channel has roped in veteran hockey expert and IHF media manager Anupam Ghulati to provide in-depth analysis and commentary for the series.
Ten Sports has also signed a long-term agreement with Pakistan Hockey Federation to telecast the up-coming Champions Trophy to be played in Pakistan in December, adds the release.
Ten Sports VP programming Peter Hutton said “It’s a great acquisition for us and further cements our relationship with quality international hockey. We’ve been thrilled with the response to the telecasts of international hockey events on Ten Sports, and are now looking forward to ending a great year of hockey on the channel with these premier events.”
Day Date IST Title
Friday 24 Sep 5:00 pm Pakistan v India Hockey (Live)
Monday 27 Sep 5:00 pm Pakistan v India Hockey (Live)
Wednesday 29 Sep 5:00 pm Pakistan v India Hockey (Live)
Friday 1 Oct 5:00 pm Pakistan v India Hockey (Live)
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.
