News Broadcasting
BBC World News hosts 16th edition of Annual Golf Connect
MUMBAI: BBC World News’ 16th annual Golf Connect brought around 100 top corporate golfers in India under one roof. The event took place on 1 February at the ITC Classic Golf and Country Club in Gurgaon, attended by legendary cricketer Kapil Dev and professional Indian Golfer Tvesa Malik.
The event attracted over 100 of India’s top corporate golfers highlighting the sought after nature of the occasion and showcasing the BBC’s commitment to engaging corporate leaders across India.
The special guest of the event was Indian cricketer Kapil Dev. Dev is regarded as one of the sport's best all-rounders and as one of the greatest captains in the history of cricket, helping India win its first ever Cricket World Cup in 1983. He is also a professional golfer and represented India in the 2018 Asia Pacific Seniors in Japan.
Since its launch in 2004, the BBC World News Golf Connect event has offered India’s corporate leaders the opportunity to demonstrate their skills on the fairway whilst building valuable relationships with colleagues from across their industries, with the event attracting C-suite leaders from top brands across the country.
Hosted by BBC World News, the day showcased the BBC’s substantial global offering across both the World News channel and online at BBC.com, demonstrating the BBC’s commitment to the Indian market, which now holds the biggest BBC news global audience, having grown from 30 to 50 million people in a year.
BBC World News and BBC.com, the BBC’s commercially funded international 24-hour English news platforms, are owned and operated by BBC Global News. BBC World News television is available in more than 200 countries and territories worldwide, and over 465 million households and 3 million hotel rooms. The channel is also available on over 180 cruise ships, 53 airlines, including 13 distributing the channel live inflight.
BBC.com offers up-to-the-minute international news, in-depth analysis and features, including BBC Worklife, BBC Culture, BBC Future, BBC and BBC Reel, for PCs, tablets and mobile devices to more than 110 million unique browsers each month.
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.
