News Broadcasting
CNBC-TV18 & CII conducts CEO poll on lockdown
MUMBAI: CNBC-TV18, in association with Confederation of Indian Industry, conducted the CNBCTV18-CII CEO poll that surveyed 250 of the country’s leading CEOs amid lockdown.
The extensive survey, touted as India Inc.’s biggest survey poll on the lockdown, deep dived into the post-lockdown actions from some of the biggest names of India Inc. The survey provided a clear picture regarding multiple areas that concern the Indian economy and business operations at large.
The show revealing the findings of the survey was hosted by CNBC-TV18 managing editor Shereen Bhan. Along with her, four industry bigwigs discussed the findings of the poll and presented their opinions and key analysis.
The special show featured the likes of State Bank of India chairman Rajnish Kumar, Standard Chartered Bank India CEO Zarin Daruwala, Jubilant Bhartia Group founder and co-chairman Hari S Bhartia, and CII director general Chandrajit Banerjee offering their respective views on discoveries of the poll, thereby commenting on the challenges and opportunities that lie ahead for the nation.
The comprehensive survey encompassed 15 questions asked to 250 CEOs across various sectors. The findings revealed that 76.8 per cent of head honchos felt that it is time to move to a calibrated exit from the national lockdown whereas 85.9 per cent believed that a graded exit will be beneficial.
Even as several companies have started to lay off their staff and imposed salary cuts, 71.2 per cent still opined that layoffs are not imminent in their organizations; however with 34.1 per cent leaning towards looming wage cuts.
Asked as to when businesses will return to normal, 54.4 per cent said they expected operations to resume anywhere between six months to a year, while 29.2 per cent opined it could take more than a year.
While 33.5 per cent felt that the recovery will look convoluted, 28.6 per cent said it will recover with a positive trajectory; however 25 per cent expected a very minimum recovery. Overall, one of the major findings of the poll indicated that about 50.6 per cent of India’s CEOs expect their company’s top line to fall by more than 25 per cent in this FY.
With the nationwide lockdown being extended for another two weeks, the movement of people as well as the economy continues to face severe limitations and restrictions.
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.
