News Broadcasting
BBC World chosen as official broadcast partner for Global Travel & Tourism Summit
MUMBAI: BBC World will be the official broadcast partner of the 2005 Global Travel and Tourism Summit for the second consecutive year. The summit will be held in India for the first time in New Delhi from 8 – 10 April.
As a key sponsor of the event, BBC World will have prominent branding opportunities at the Summit, including three discussion panels moderated by BBC World main presenter Nik Gowing. Two short promotional films were commissioned from BBC World’s Global Creative Solutions team to advertise the Summit on the channel. Throughout the entire event, delegates will be able to watch BBC World via a live feed into the conference. Reporting teams from BBC World’s travel news programme FastTrack and daily financial programme World Business Report will also be present at the Summit.
BBC World director airtime sales Jonathan Howlett says, “With travel and tourism playing such a vital role in today’s international economy, this Summit is a hugely significant industry event, bringing together representatives of the world’s leading travel organisations. BBC World’s commitment to this sector is reflected in the extensive coverage we offer through our news and travel programming, and therefore we are very pleased to be associated with the Summit once again.”
The fifth Global Travel and Tourism Summit is organised by the World Travel and Tourism Council (WTTC), and is attended by more than 100 business heads from the travel trade. The Summit aims to raise awareness of the full economic impact of this leading industry and discuss issues and challenges facing the sector.
WTTC president Jean-Claude Baumgarten says, “We’re delighted to have BBC World as our official broadcast partner. WTTC is confident that this extended partnership will once again help raise the awareness of the Summit as well as the travel and tourism industry’s potential for social and economic good.”
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.
