News Broadcasting
Bloomberg Quint’s TV distribution head Priya Mukherjee moves to Republic
MUMBAI: Bloomberg Quint’s TV distribution head Priya Mukherjee has joined Arnab Goswami’s new TV and digital media venture Republic as the distribution head. Mukherjee will look after the entire distribution portfolio as Republic will be available across India and international markets.
Goswami has been recruiting catalysts for his team, who would make his new venture a comprehensive set-up for the new media landscape. Republic will be an independent platform for journalists and content professionals. The venture aspires to create a movement that will put the power of journalism into the hands of the citizens, and will be India’s first footprint into global journalism.
Commenting on Mukherjee onboarding his team, Republic founder Arnab Goswami said, “Priya is a professional with an outstanding track record. She is an emerging young leader in the television business. Priya will work closely with our CEO Vikas Khanchandani to take us into every home in the country.”
On her new role, Mukherjee said, “I believe Republic will play a significant role to revolutionise the news and current affairs genre cutting across segments of viewers and the public. This is going to be a wonderful journey.”
With an experience of 17 years in the media industry, Mukherjee has established an impressive track record of being part of launch teams of television channels across India, while successfully helping them make inroads in their genres. Mukherjee has built a stellar career with organisations such as Discovery Channel, One Alliance, Network 18 and Den Network.
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.
