News Broadcasting
Good News Today to air new season of ‘The Horses Stable’
Delhi: After a successful stint last year, Good News Today is all set to release the new season of ‘The Horses Stable: Jo Jeeta Wahi Sikander’ on 23 July.
Sponsored by Bada Business and GM Modular, the show is a joint effort of Horses Production director Prashant Agarwal and renowned Bollywood actor Suniel Shetty. This initiative is also supported by MSH under the Ministry of Electronics and IT (MeitY).
“The Horses Stable: Jo Jeeta Wahi Sikander”, is a flagship series where entrepreneurs bid their business models to a panel of investors and convince them to invest money in their ventures.
The reality show pitches the contestants with innovative business ideas against each other for maximum funding.
The format of the show will be akin to the great Indian derby. The investors, or “horses” include business stalwarts like- Mahavir Pratap Sharma, Dr Aarti Gupta, Mohit Gulati, Ankita V, Navin Gupta, Yamika Mehra, Mandar Joshi and Sanjay Mehta. The show has Suniel Shetty an award-winning actor, producer, businessman and serial entrepreneur in the capacity of ‘Super-Mentor’.
‘The Horses Stable: Jo Jeeta Wahi Sikander’, the start-up reality show will also announce the highest on spot funding ever on a reality show – for a staggering amount of eight crores.
The show will capture all the drama and anticipation of a pitch meeting. On the spot mentorship and business tips, the opportunity to receive immediate funding and support from India’s top investors and business magnates- will be an undeniable draw for participants and viewers alike.
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.
