News Broadcasting
BBC, British Council launch 10th annual international radio playwriting competition
MUMBAI: BBC World Service and the British Council have launched their tenth annual International Radio Playwriting Competition.
Writers who are new to radio globally are invited to submit an original 60-minute radio play on a subject of their choice. The competition, which has no age limit, is open to anyone living outside the UK and closes on Monday 30 April 2007.
This year author and novelist Doris Lessing is among the judges. BBC World Service Drama executive producer Marion Nancarrow said, “Last year nearly 1,000 budding writers from 80 countries entered the competition and we’re hoping that even more writers from even more countries will enter this year.
“This competition is one of the most exciting events at World Service Drama, as it provides us with an opportunity to connect with our audience and draws on a vast, untapped resource of writing talent from around the world.
“The best thing is that it’s open to everyone. We receive entries from experienced novelists and writers from theatre, film and television as well as plays from writers with no experience at all who are submitting their first script. Previous winners have gone on to gain further commissions for World Service Drama, so this could be the next step to a very successful career.”
The International Radio Playwriting Competition has two first prizes. One awards the best play by a writer with English as their first language, and the second for the best play by a writer with English as their second language.
They each receive £2,500 and a trip to London to see their play being recorded for broadcast on World Service in the World Drama slot. An additional six prizes of a digital or shortwave radio will be awarded to the best plays submitted from South Asia, Asia, Africa, Middle East; America, Europe, Russia and the Caucasus.
Further information on the International Radio Playwriting Competition and essential tips from established radio dramatists Mike Walker and Marcy Kahan can be found online at bbcworldservice.com/competitions, where writers can also download an entry form.
An entry form can also be obtained by sending a request by email to intradioplaycomp@bbc.co.uk or one can be collected from their local British Council office.
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.
