News Broadcasting
G Krishnan to stay as NBA president
NEW DELHI: News Broadcasters Association (NBA) has re-elected TV Today CEO G Krishnan as its president for the second term, at the first annual general meeting (AGM) held in the Capital today.
Ibn18 Broadcast joint MD Sameer Manchanda holds the position of vice president for the second term while NDTV group CEO KVL Narayan Rao will continue as the treasurer.
Krishnan said, “The future before us is very complex and challenging. The question we have to ask is, do we have the vision to move together to meet these challenges? The Indian broadcasting industry will change enormously and we will have to change willingly. Instead of reluctantly drifting into the future, we should drive the future using all the tools available to us, given of course that government policies adapt to new realities.”
“The movement forward is a collective initiative supported with a sound policy environment. The industry and government must work together in a public private partnership to meet the new challenges and to strengthen the broadcasting industry rather than strangulate the industry. A meaningful dialogue is needed with the government and the various stakeholders,” he added.
In addition NBA announced the names of office bearers and board of directors for 2008-09 which includes G Krishnan, Zee News CEO Barun Das, Times Global Broadcating CEO Chintamani Rao, KVL Narayan Rao, Independent News Services COO Rohit Bansal, Sameer Manchanda and Media Content and Communications Services (India) managing editor Shazi Zaman.
The board of directors of NBA remains exactly the same as it was last year.
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.
