News Broadcasting
Advisory issued to TV channels on reporting communal matters with caution
NEW DELHI: In view of the manner in which the Muzaffarnagar communal riots were reported, the government has advised all television channels to adhere by the programme/advertising code to prevent attracting penal provisions in section 20 of the Cable TV Networks (Regulation) Act 1995.
In a notification posted on its website, the Information and Broadcasting Ministry said that it was issuing this advisory in exercise of powers under the uplinking/downlinking guidelines issued by it, the terms of permission granted to the channel to uplink/downlink TV channels and under Section 20 of the 1995 Act.
It noted that in the wake of the recent Muzaffarnagar communal riots, some TV channels had been telecasting inflammatory and provocative news/programmes in a sensational manner. Some TV channels had also been airing footage, video, interviews, etc. of leaders of diverse spectrum which could vitiate the situation in the entire area. These could further ignite communal tension, violence and create law and order problem not only in the riot affected area but elsewhere.
The Ministry said a strong need is felt that TV channels should take all steps to avoid telecasting such inflammatory and sensitive material and should exercise maximum restraint and caution in reporting matters of this nature. News, views or comments relating to communal tension/clashes should be telecast only after proper verification of facts and presented with due caution and restraint in a manner which is in the public interest of maintaining communal harmony. No news/programme should be carried by TV channels which are likely to foment disharmony or enmity between religious groups.
Section 5 of the 1995 Act read with Rule 6(1) (c), & (e) of the cable TV Networks Rules 1994 as amended from time to time are clear that ‘no programme can be transmitted/re-transmitted on any Cable Service which, inter-alia, promote communal attitudes; and is likely to encourage or incite violence or contains anything against maintenance of law and order or which promote anti-national attitudes.’
The Ministry therefore advised all TV channels to follow the provisions of the Programme Code scrupulously and exercise restraint and sensitivity while reporting such incidents and refrain from telecasting any material which could ignite communal passions and create law and order problem.
It also said any violation of the provisions of the programme/advertising code would attract penal provisions stipulated in section 20 of the Act and the terms and conditions of uplinking and
downlinking guidelines.
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.
