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“Indian media is going through a digital tsunami”: Aroon Purie

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NEW DELHI: The world is going digital and so is the print medium, which currently is at the forefront of a digital revolution. The digital boom has redefined print business. “Those in the medium, now call themselves as content producers,” said The India Today Group chairman and editor in chief Aroon Purie.

 

According to Purie, print medium has gone a step further, as it now engages with the audience. Talking on monetisation in print at the CII Big Summit 2014, Purie emphasised on the growing need for those in the publication business, to engage with consumers in different ways. “We are going through a digital ‘tsunami’. The good news for print medium is that we are riding on top of this tsunami. But it is moving so fast that one doesn’t know where he/she is heading,” said Purie.

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While there was a time when print was in a depressed mood, things now have changed drastically. For Purie, print has converted the tsunami into an opportunity, where they are generating revenue not just by advertising in the print format but also on digital.

 

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Currently India has 240 million internet users, which according to reports will jump to 350-400 million in the next three to four years. “These are opportunities where content can be transferred,” he informed. The good thing, as for Purie, is that publishers in India have good content and so there is nothing to worry about when they go to the digital medium.

 

But he agrees that the print content needs to be modified as per the medium, which is a challenge. “Traditional business is declining, while there is an increase in the digital business,” he informed.

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While advertisers are ready to catch the young eyeballs on the internet, digital advertising currently is not very prominent. “But the future is digital and if you don’t invest in that now, you will soon die,” he added.

 

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In order to have a healthy business, Purie suggested that the print industry should look at transforming itself into multi-platform, get into contextual advertising, build clients, brand launches for advertisers and also look at hosting events. “Sometimes the events become more popular and profitable than the publication itself,” he said. 

 

Digital revolution has also changed the kind of content being produced. “Today, content needs to be designed in a way that it can be availed on any screen. It needs to be interactive, sharable and available all the time,” informed Purie.  

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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.

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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.

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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.

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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.

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