News Broadcasting
India Today Group announces key management changes
New Delhi: There's management changes aplenty afoot at the Aroon Purie promoted India Today group. Long serving senior executives have been given promotions.
The group's listed company TV Today Network's chief operating officer Rahul Shaw has been elevated as CEO of the TV and radio business. A 10 year veteran of the group, he has held various positions in different verticals that India Today is present in.
Salil Kumar, who has been with the group for over a decade, has also been given a legup by being redesignated as CEO of its digital business. Kumar, who was COO, digital, has been with the organisation for over a decade.
14 year old vet KR Arora has been named as chief operating officer for distribution and international.
Another senior professional, Dinesh Bhatia , who was the group CFO has been named group CEO for the whole group.
Manoj Sharma will be the CEO for LMI. He was last serving as chief operating officer – publishing for India Today Group. He has spent over 10 years at the group.
Yatendra Tyagi will be the chief financial officer for TV Today Network.
Read more news on India Today Group
India Today vice chairman Kalli Purie announced these changes to the group today. “All will continue to work in close coordination with group roles on legal, compliance, financial, people, and technology matters. I have been on the job regularly with Dinesh, Rahul, Manoj, and Salil during these difficult times and feel that each is highly capable. Various necessary approvals are being initiated towards effecting these changes. Congratulations!," she said in an internal email circulated throughout the organisation. "Over the next several days I will be hosting pop-up Diwali celebrations with small groups. I hope to meet many of you, alas at a distance, so as to ensure that we are able to celebrate together in spite of the restrictions.”
Purie also stated that India Today would be going in for regular appraisals of its employees.
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.
