News Broadcasting
BIS delineates set top box standards, invites comments by 15 June
The Cable TV Networks (Regulation) Amendment Bill, 2002 may still be awaiting clearance by the Rajya Sabha (Upper House of Parliament), but the wheels are moving in other areas.
The Bureau of Indian Standards (BIS) has issued a set of specifications as regards the analog set top box that is the cornerstone of the roll out of the proposed conditional access system.
This specifies the performance parameters for analog set top boxes to be used by subscribers for viewing pay channels through the cable distribution system.
The second part of the six-page report outlines the specifications for digital set tops.
The systems – both analog and digital – are primarily intended for sound and television signals operating between 30 MHz and 1 GHz.
On the issue of subscriber management systems, which is one that has particularly worried broadcasters, the document states: “Operators free to choose but it should ensure consumer interest by efficient responsive and accurate billing and collection. At the same time an arrangement must be made between the broadcaster and the cable operator for access to the relevant data relating to the respective channels for billing purposes.”
As far as general requirements go it is stated that: “It should be mandatory for the manufacturer / operator / service provider to declare to the subscriber the capability of the set top box and its inter-operability on other networks so that the subscriber is under no illusion whatsoever regarding the same. The manufacturer should ensure that compatibility / interfacing of set top box with standard consumer electronic goods such as television audio systems and VCRs in the country.”
The BIS notification states that all the standards are subject to revision and invites comments on the issue on or before 15 June.
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.
