News Broadcasting
11 new proposals for uplink permission under process: Jaipal Reddy
NEW DELHI: As of date, 11 new proposals for unlinking from India are under process, the government informed Rajya Sabha on 19 July.
Information and broadcasting minister Jaipal Reddy informed Rajya Sabha that as per the applications, all the proposals involve 100 per cent India equity and that no time frame can be indicated as to when the cases would be finally disposed off by the government.
Interestingly, the updated list of channels seeking uplink permission do not include those from Zee Telefilms (for ZeeBiz, a proposed business news channel) and SAB TV, which has said in the recent past that it would launch a news channel around the last quarter this year.
This can mean two things: either the clearance has been obtained or the plans have been put in the backburner for the time being.
The ones which are seeking government clearance, according to information laid in Rajya Sabha, include Falak TV Ltd’s Falak and Al Hind TV, Twenty First Century News Room Productions Ltd’s CAT TV, Ekonkar TV Pvt. Ltd’s Ekonkar TV, Enter 10 TV Pvt. Ltd’s Enter 10 channel, Shalom Communication Pvt. Ltd’s Shalom TV, Senior Media Ltd’s Senior 1 TV and Telugu Cinema Entertainment Pvt. Ltd’s Telugu Cinema.
Meanwhile, in reply to another question, Reddy also told Rajya Sabha that Prasar Bharati (that manages Doordarshan and AIR) has no proposal to change the format and look of DD News.
“Prasar Bharati has informed that there is no such proposal to convert DD News into an entertainment channel as before,” Reddy informed parliament.
Incidentally, Prasar Bharati board also got a part-time member in RN Bisaria. A selection committee headed by the vice-president of India did the selection of Bisaria.
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.
