News Broadcasting
BBC World Service’s annual review indicates trust on a high
MUMBAI: BBC World Service has published its annual review. It notes that it managed to enhance its reputation as the world’s leading international broadcaster throughout a “year of change, achievement and innovation.”
Independent research evidence published in the Review indicates that BBC World Service’s reputation for trust and objectivity is higher than for any other international broadcasters in virtually all markets surveyed – including India, Nigeria, Pakistan, and USA.
BBC World Service director Nigel Chapman says, “It was a year of major achievements and innovation: a record-breaking audience figure; a step change in our interactive services; and the biggest strategic shift in priorities in BBC World Service’s 70-year history. These welcome developments took place against a backdrop of ever more rapid technological change and the emergence of powerful and often divisive global forces.”
“It is particularly pleasing to see how our programmes command the highest scores for reputation, trust, and objectivity in most markets when compared to our international competitors.”
The new weekly audience figure of 163 million, compiled from independent surveys around the globe, is an increase of 14 million on last year’s figure of 149 million. This new figure breaks the previous BBC World Service record audience of 153 million in 2001. The new figure equates to around 50 per cent more listeners than any comparable international broadcaster.
BBC World Service is now available on high quality FM sound in a record 150 capital cities out of a total of around 190 – up from 145 last year. This higher quality of audibility is vital to retain audiences.
Online audiences to the BBC’s international facing news sites have also shown significant rises. The sites attracted around 500 million page impressions a month in March 2006 compared to 324 million page impressions in March 2005.
This is a rise of over 50 per cent over the year. The site now attracts around 33 million unique users each month; up from around 21 million unique users a year ago. BBC World Service achieved efficiency savings of £7.1 million in 2005/06.
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.
