News Broadcasting
Government warns of stiff action against erring TV channels
NEW DELHI: Even as the AXN channel has been allowed to resume telecasts in India following an apology, the Information and Broadcasting Ministry has expressed its unhappiness at the fact that the channel should have ignored warnings about its content.
Sources in the ministry tell Indiantelevision.com that the channel, which was banned on 17 January for two months (till 15 March), “did not even acknowledge the notices of the ministry in this regard, leave aside responding to them.” AXN had been banned for telecasting programmes like The World’s Sexiest Advertisements, which the ministry felt “were against good taste or decency and were likely to adversely affect public morality.”
I&B Minister Priyaranjan Dasmunsi had said recently that the government was concerned about the content being aired on electronic media and has warned of suitable action in case of violations of the Cable Television Network (Regulation) Act 1995.
He had noted that some of the programmes being telecast on TV on different channels had poor quality content and women were depicted in a degrading fashion in advertisements etc. “We have to be very tough in this regard,” he had noted. Though he did not name any channels, it is learnt that they included FTV and Zee Café, apart from AXN.
The ban order under Section 20(2) of the Act was lifted in view of the assurance by AXN that it would put in place a more effective self regulatory mechanism to ensure that the programmes and the advertisements telecast on the channel are in compliance with the Act.
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.
