News Broadcasting
NDTV India ban reversal: Centre wants apology, counsel seeks time from SC
MUMBAI: The Central Government on Friday told the Supreme Court that the one-day blackout order against New Delhi Television Ltd (NDTV) India will be reversed only when the channel offers an apology for its coverage of the Pathankot militant attack on 2 January last year.
Appearing for NDTV India, senior advocate Harish Salve sought a week’s time to inform the court if the NDTV India would tender an apology.
Earlier, India’s highest court had, on November 6, deferred the hearing in the case to 5 December, citing reason of no urgency for its hearing. Information and broadcasting ministry had asked NDTV India to go off-air on 9 November after the government accused it of airing sensitive information related to the terror attack.
NDTV had, however, refuted the allegations stating that other channels had also reported the same. Information and broadcasting minister M. Venkaiah Naidu however supported the ban, stating that it was in the interest of India’s security.
Major media organisations and journalists condemned the ban and protested against it, comparing it with the emergency when the right of the freedom of press was violated.
NDTV India channel telecast a report on the Pathankot attack disclosing sensitive information well beyond the briefing given by the designated officer while the anti-terrorist operations were still under way. The content was found in violation of Rule 6(1)(p) of the Programme Code. The matter was placed before the IMC on 25 July, 2016, in which representative of the channel was also afforded an opportunity of a personal hearing. It was recommended that the channel may be taken off air for at least one day keeping in view the gravity of the violation and an order issued on 2 November 2016.
News Broadcasting
Network18 posts Rs 1,955 crore revenue, narrows FY26 losses
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.
