News Broadcasting
IN10 Media Network appoints Kavita Sagar as Senior VP-Revenue
MUMBAI: IN10 Media, a network with diverse offerings in the media and entertainment sector, including EPIC TV, DocuBay, EPIC On, ShowBox, Platanista Games, and Juggernaut Productions, has announced the strengthening of its leadership team and confirmed the hiring of four senior media executives. The appointments are across top leadership in brands and on the network position.
Kavita Sagar, will serve as Senior Vice President – Revenue for IN10 Media. With over 19 Plus years of experience in advertising sales across genres and different markets, she has a proven track record across media giants like Start TV Network and NDTV.
Mansi Darbar, will serve as Vice President – Corporate Strategy and Development for IN10 Media. A media and entertainment veteran with 10 years plus of experience Ms. Darbar was also part of the core founding team of ALT Balaji where she led the Content Business Operations vertical. She was also a founding team member of ‘Applause Entertainment’, India’s first Content & IP Creation Studio by the Aditya Birla Group.
Sourjya Mohanty, will serve as Chief Operating Officer (COO) for EPIC On. A 15 year veteran, Mr. Mohanty last served as the Head of Business Development at Zee5. Previously he has led advertising and monetisation teams for Idea Cellular & BIG FM.
Mona Merchant, will serve as Head – Television for Juggernaut Productions. She has worked as a Content Creator for over 12 years with top production houses like BBC WST; Synergy Communications, BAG Films; Plus Channel, Ketan Mehta’s Maya Entertainment; Applause Entertainment on various fiction and nonfiction shows. Ms. Merchant’s has also been running the largest private archive on Indian cinema memorabilia for the last 11 years and has been doing successful exhibitions and events on cinema and has been running an image bank to several publishers, broadcasters in India and abroad.
Commenting on the announcement, IN10 Media Network managing director Aditya Pittie said, “At IN10, we are very bullish about the entertainment and media sector, and are confident that content, complemented with technology, will be at the heart of the disruption in the coming years. With this restructuring and team building, we are laying the foundation for this media of the future, and are confident that the new additions to the IN10 family will fuel our rapid expansion plans, foster long-term growth while also expanding the portfolio of our individual brands. I welcome everyone to the IN10 Media Network, and I am confident that they will chart a remarkable journey for themselves and the business.”
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.
