News Broadcasting
Hathway launches cable TV services in Jhansi
MUMBAI:The Rajan Raheja promoted Hathway Cable & Datacom has teamed up with the dominant cable operator in Jhansi and launched services under the name Hathway JMD SR Cable & Datacom Pvt. Ltd.
SR Network started its operations in December 2004 and it provides cable TV services to the entire city of Jhansi.
Hathway will provide over 90 analogue television channels to its subscribers. The cable service company will soon be launching ‘voice over cable’ services, which will enable the MSO to be a true ‘triple player’ with digital, high speed internet and voice services, according to an official statement.
The deal Hathway has struck with SR Network is similar to the one it entered into in Kanpur in April where it operates as a joint venture with Jai Mata Di Sherawali (Sanjeev Dikshit promoter) under the brand name Hathway Jai Mata Di Sherawali Cable & Datacom Pvt. Ltd. Hathway JMD has subsequently started operations in Farukhabad and Unnav.
Starting with Kanpur, Hathway plans to take the digital revolution forward gradually in other cities in the state of Uttar Pradesh. Kanpur will be the first city in UP which will provide Digital Cable TV transmission from December 2006.
Hathway’s Digital Cable TV services are presently available in Chennai, Mumbai, New Delhi, Pune, Bangalore , Hyderabad, Chandigarh and Jalandhar.
The digital services are offered through a remote controlled digital device called the Set Top Box. The digital device is feature packed and it changes the entire TV viewing experience for the subscriber. The key features include DVD picture quality, stereophonic sound, a capacity to receive more than 1000 channels, an EPG (Electronic Programme Guide) which enables programme reservations & reminders, positioning of favourite channels, parental control, information banner and selection of channels by genre etc.
The other value added services such as video-on-Demand, interactive gamming etc. are also available with Hathway’s digital set top box.
Apart from Analogue Cable TV and Digital Cable TV services, Hathway provides Cable Broadband services with high – speed connectivity from 256 Kbps onwards through the high bandwidth capability of cable. Hathway’s Broadband Internet is presently available in the cities of New Delhi, Jalandhar, Ludhiana, Mumbai, Pune, Nashik, Bangalore, Hyderabad, Chennai, Mysore and Chandigarh.
Hathway also has under its umbrella Cine Channel (CCC), a movie based entertainment channel and I-TV a dial – up interactive music channel that operates like a juke box and local channels like Win Cable & Win Movies.
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.
