News Broadcasting
Bhaskar Group launches MY FM in Chandigarh
MUMBAI: Bhaskar Group announced the launch of its second FM station in Chandigarh. The group’s first station was launched in Jaipur in May 2006.
The music of MY FM – Chandigarh ranges from popular Hindi film music to Indipop. Keeping the local listenership in mind, Punjabi pop, fusion, remixes, retro music and evergreen ghazals will also be part of its music mix. The tag line of the FM station is MY FM 94.3 Dil Sey.
The station promises on the hour, every hour contests for its listeners while the weekend programming will have shows like Boss ka Boss featuring the better half of a corporate honcho, Sunday Ki Awaaz which allows one lucky winners to be an RJ for a special Sunday show, My Mehfil for the lovers of ghazals and Dhol Wajda playing the best of Punjabi pop.
My FM national programming head Viplove Gupte says, “MY FM is going to be one of the most exciting brands to watch out for in the radio business. My FM is uniquely placed in the FM arena with presence of Print linkages with the dominant Newspaper in terms of Dainik Bhaskar and Divya Bhaskar.
The FM will leverage this to provide interactive radio programming and a 360-degree experience for the listener. We expect My FM to soon cultivate a large unique set of loyal listener community.”
Says MY FM station head Richa Sharma “Chandigarh is a unique city and to have its own private radio station will push the city among the top league of like Mumbai, Delhi, Chennai and others. My FM is value for money to its advertisers by offering customized solutions and focused audience. Even today the reach of radio is more than that of television.”
MY FM will be launching soon in Bhopal, Indore, Gwalior, Nagpur, Raipur, Jabalpur, Bilaspur, Jodhpur, Udaipur, Ajmer, Kota, Ahmedabad, Surat, Amritsar & Jalandhar.
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.
