News Broadcasting
ABP Network appoints Samvrit Bhattacharya as national sales director, digital sales
Mumbai: ABP Network has announced the appointment of Samvrit Bhattacharya as the national sales director for digital sales. As Samvrit takes on this new role, his focus will be on scaling revenue, delivering impactful solutions to clients, and driving innovations in the ABP Network’s digital sales sector. Based in Noida and reporting directly to Rupali Fernandes, he is set to lead the team towards further growth and success within the dynamic media landscape.
With over 25 years of experience in media sales, Samvrit brings a wealth of expertise to his new role. His last stint was with Indiadotcom Digital Pvt Ltd (formerly Zee Digital), where he demonstrated his ability to scale revenue, cultivate strong client relationships, deliver impactful solutions, and foster innovation. His extensive background further includes working with renowned organizations such as Times Global, TV18, Star India, and ABP (print), showcasing his proficiency in launching and managing brands across various platforms and driving revenue growth.
Speaking on the appointment, ABP Network chief revenue office Rupali Fernandes said, “ABP Network extends a warm welcome to Samvrit as he embarks on this new journey with us. We are excited to have him on board and look forward to his contributions towards our continued success. Under his leadership, I am confident our digital business will soar to new heights.”
In addition to his professional achievements, Samvrit is known for his passion for sports and music, enjoying playing football and cricket while also being an avid music lover.
ABP Network looks forward to leveraging Samvrit’s expertise and leadership as it continues its journey of excellence in digital sales.a
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.
