News Broadcasting
GBN posts maiden net profit in Q4
MUMBAI: : Global Broadcast News Limited (GBN) has announced a maiden net profit for the quarter ended 31 March 2007, within 15 months of launch of its channel CNN-IBN.
The net profit stood at Rs 27.8 million while for the full fiscal net loss was at Rs 320.3 million. Says GBN joint managing director Sameer Manchanda, “The last quarter has seen GBN turn into black.”
For the fourth quarter of 2006-07, gross revenues stood at Rs 290.7 million with income from operations accounting for Rs 279.8 million. During 2006-07, gross revenues were at Rs 799.4 million.
Total expenditure for the entire fiscal stood at Rs 986.7 million with staff costs amounting to Rs 321 million and marketing, distribution and promotions to Rs 249.2 million.
Out of Rs 1.05 billion raised through an initial public offering (IPO), the company has utilised Rs 645.9 million (till 31 March 2007).
GBN’s share of loss based upon its holding in BK Fincap (BKF) is Rs 43.9 million during the quarter ended 31 March 2007. The company holds 49 per cent in BKF. Since August 2006. BKF holds 89.99 per cent shares in Jagaran TV Pvt Ltd (JTV).
GBN shares rose seven per cent on the BSE to close today’s trading at Rs 618.90.
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.
