News Broadcasting
Research Advisory Council to guide DD, AIR
NEW DELHI: The Indian government has so far earned a total revenue of Rs 1550.12 million from open auctions of FM radio stations, which includes earnest money, but excludes bank guarantees lying with the government. Auctioning for licences for 40 cities has been conducted thus far.
This was stated in Lok Sabha (Indian Parliament’s Lower House) on Thursday by the information and broadcasting minister Sushma Swaraj in a written reply to a query put up by fellow parliamentarian, Dr N Venkataswamy.
The minister also informed Lok Sabha that pubcaster Doordarshan has constituted a Research Advisory Committee consisting of eminent personalities in the field of communication research to advise it on strengthening in-house research and improving quality of programme content.
Quoting facts given by Prasar Bharati, which oversees the functioning of both DD and All India Radio, Swaraj said the rating agencies’ sample does not adequately represent the viewership of Doordarshan as the sample size of the outside rating agency is limited to only 27 cities/towns, whereas the reach of Doordarshan lies in smaller cities and villages also.
According to the minister, Doordarshan’s research unit is being revamped suitably to facilitate proper assessment and to incorporate a feedback mechanism to enable restructuring of content and format of programme, according to viewers’ needs and preferences.
To meet the challenges posed by changes in the market scenario, Doordarshan has taken various steps in order to increase viewership and boost revenue during the coming years. These include improvement in the quality of content and presentation of channels, improvement in the quality of transmission, usage of more flexible rate card to meet challenges of the competitive market environment, introduction of effective system of advertising of Doordarshan’s channels and programmes, Swaraj told Parliament.
Steps have also been taken to exploit full commercial potential of various programmes. Doordarshan has created its own marketing set up and a separate Development Communication Division to look after business of various government ministries/departments and Public Sector Undertakings, the minister added.
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.
