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Arnab quits Times Now; Twitter gets noisy

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MUMBAI: When a man at the top of his game moves on, he is probably got a bigger game in mind. Love him or hate him, but, you cannot ignore him. He has transformed the way news is gathered, broadcast and consumed on Indian television.

Known for standing with his viewers, replacing discussions with his monologue brand of nationalism, Arnab Goswami, India’s preacher-in-chief, has bid adieu to Times Television Network. He was the editor-in-chief of Times Now and ET Now. The channel’s flagship primetime show at 9pm – The Newshour, was Goswami’s last as its anchor on Tuesday..

Goswami reportedly announced his resignation at an editorial meet on Tuesday morning.

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With speculation rife everywhere about his next movement, some hint at his new independent media venture while some state that he is going to be the face of some other channel.

One thing is clear, from Wednesday, family dinner debates will be incomplete without him. The ‘loud’ news space, a niche which he championed, will be left with a void and the nation wants to know why…He made sure that even those who dislike his debates made themselves, secretly at times, available in front of their living room TV sets to enjoy the high-decibel show.

From what made him take this impending jump from the newsroom to what is next on the cards is still not clear. Although, right after this news broke, it took less than a minute for the Twitterati to erupt with reactions, both positive and negative. From observing a one-minute noise as a tribute to the anchor, to observing the 9-10 pm as the “Earth Day” post his resignation, following which, Twitter went berserk.

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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.

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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.

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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.

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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.

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