News Broadcasting
Convergence Committee says content should be brought under Broadcasting Bill
The Sub-Group on Convergence headed by senior legal professional Fali Nariman, in its interim report, has recommended that so far as content of information is concerned, it is to be dealt with in the new Broadcasting Bill. Since Webcasting was not covered in the existing IT Bill of 1999, it suggests that the proposed Broadcasting Bill willl have to be revised to reflect advances and developnment of technology and internet which has made Webcasting possible.
It has recommended that the structural framework of the 1885 Indian Telegraph Act be retained as the New Telecom Policy has said that carriage of information should be left as open as possible. Any act should be enabling and it has suggested that a new Telecommunications Act be drawn up for the convergence era while the Indian Telegraph Act, 1885 be repealed.
The sub-group has obtained views from consumers, industry, bulk users, security agencies and private telecom players during discussions with Department of Telecommunications. At the end of it all, the subgroup has defined who has the power to establish and maintain telecom, the obligations of service providers, the right of way, message interception, and dispute settlements.
The report claims to have been influenced by the major events taken place following the announcement of New Telecom Policy NTP, 1999 which includes the firm resolve of the Information and Broadcasting (I&B) Ministry to introduce a Broadcasting Bill in the next session of Parliament. The Bill will be on the lines of the Broadcasting Bill of 1997 which had lapsed on account of dissolution of Lok Sabha. Substantial ammendments will be made in the new bill to cover the entire content aspect of broadcasting including provisions for setting up of a seperate regulatory Authority.
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.
