News Broadcasting
MTV India expects to go digital by end-July
Joining the trend among most channels to switch from an analog feed, music channel MTV is preparing to go digital by end-July.
Sanjeev Hiremath, vice-president, network development, South Asia, licensing and merchandising, said till the full transition to digital was carried through, the channel would be operating a dual illumination feed, continuing the analog feed on the PAS 10 satellite.
Hiremath said that just over 1,500 Philips Cryptowork boxes had been seeded so far and that he expected to seed a total of 4,000 set tops by the time the channel switched to a completely digital feed by the end of July. Set tops were being supplied to cable operators at a subsidised rate of Rs 12,000 per box, Hiremath said.
Aside from improved transmission quality, a digital feed occupies less transponder space, which makes it far easier to introduce new channels when required, Hiremath said. Will India finally get to see Viacom channels VH1 and the like in the not too distant future? With the introduction of conditional access systems (CAS) around the corner, the possibilities can only increase.
Current Technical Specifications
Analog feed:
Satellite: Panamsat PAS-10
Transponder: 7C
Downlink Polarisation: Horizontal
Downlink Frequency: 4034 MHz
Digital feed:
Satellite: Panamsat PAS-10
Transponder: 11C
Downlink Polarisation: Horizontal
Downlink Frequency: 5154 MHz
Technical Specifications Post Digitalisation
Satellite: Panamsat PAS-10
Transponder: 7C
Downlink Polarisation: Horizontal
Downlink Frequency: 4034 MHz
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.
