News Broadcasting
Commemorative postage stamp on LV Prasad released
MUMBAI: The postal department has released a commemorative postage stamp on late LV Prasad, founder of Prasad Group, in Hyderabad to acknowledge his contribution to the world of cinema. The Union Minister of State for Communications and IT, Dr Shakeel Ahmad, released the postage stamp.
Ramesh Prasad, son of LV Prasad, thanked the Government for acknowledging his father’s contribution to Indian cinema, informs the release.
A film on the professional life of LV Prasad was also screened on the occasion. The event was attended by noted film personalities including Kamal Haasan, DVS Raju, and Ramoji Rao, who eulogized this legend.
LV Prasad, a Dada Saheb Phalke Award winner, is a legendary name in the history of Indian Cinema. His passion for cinema is exhibited in his films which includes memorable hits like Gruha Pravesham, Ilavelpu, Sharada, Milan, Khilona, Daadi Maa, Manohara, Missamma and Ek Duje Ke Liye to name a few.
A man of vision, his contribution to the growth of the film industry was beyond films. He also established postproduction facilities across India under the aegis of Prasad Film Laboratories.
Prasad’s goal of providing complete wholesome family entertainment and film related education has been carried forward by his son Ramesh Prasad by the opening of The Prasads Multiplex , IMAX Theatre in Hyderabad and LV Prasad Film & TV Academy in Chennai.
Today, the Prasad Group started by LV Prasad is 50 years old and has facilities and offices in India, Singapore, Dubai and Hollywood.
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.
