News Broadcasting
Indian media not muzzled: BJP spokesperson Nalin Kohli
NEW DELHI: Amidst the huge chatter of Indian media being biased and muzzled, BJP national spokesperson and Supreme Court advocate Nalin Kohli has claimed that the country has a robust media otherwise no channel or outlet would be running anti-BJP and anti-Modi stories. He was in a live webcast with Governance Now MD Kailashnath Adhikari during the Visionary Talk series held by the public policy and governance analysis platform.
Calling media as an important and fourth pillar of democracy the BJP senior leader said that media is free and vibrant in India what you see on social media is demonstrative of the right to freedom of speech. He refuted the charges that the media is muzzled and said that that media has been muzzled only once during emergencies. “Everybody remembers those days.”
“If media was really muzzled then how are people using media to abuse prime minister, Narendra Modi and BJP government so openly and freely. I believe and am convinced that media is independent” said Kohli.
Kohli blaming the opposition for manufacturing issues and blaming the BJP government for stifling freedom of speech and said that it is a charge leveled against the BJP government without any foundation. “As the opposition, they have a right to manufacture issues. Unfortunately, issues are manufactured without foundation” he said.
While responding to a question on how the government will regularize social media content, Kohli, who has also been convener of BJP’s national media cell said there is the issue of territorial jurisdiction when it comes to social media. He reiterated that that freedom of speech is an extremely valuable fundamental right under Article 19 of the Constitution but also puts reasonable restrictions on that freedom. He said that nothing can be beyond the constitutional framework and the best way is to self-regulate.
“There is always a way to express yourself with civility and you cannot threaten anyone. To threaten a lady or her daughters with rape, obscenity, and abusive language is a reflection of an individual’s own self. If we forget to be civil, how can we have civilization” he asked.
“Freedom of speech does not mean curtailing other persons freedom by fear…because after Article 21 provides for life and liberty. If a person feels intimidated or stalked or threatened because of the exercise of freedom of speech of someone else that too needs to be reviewed. We are reaching a point where these issues are being discussed. Perhaps they will be debated and over a period of time…some kind of framework may come, maybe self-regulation by the platform whether it would require a court to intervene, laws to come in…that’s a much larger debate’’ said Kohli.
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.
