News Broadcasting
Intam ratings wind-up postponed to March-end
The clock is ticking for the entry of a new ratings currency. Market research agency ORG Marg’s Intam data, the older of the two established ratings services currently available in India, will no longer be issued from the end of March.
The move is part of a process set in motion at the end of October 2001 by AC Nielsen’s TAM Media Research and ORG MARG’s Intam that involves the integration of the two agencies’ ratings systems and the “unveiling of a completely new service in June,” LV Krishnan, president TAM India, told indiantelevision.com today.
The cessation of Intam data was originally supposed to go through by 31 January but that has been postponed till the end of March “to allow for a thorough benchmarking” between the two systems, Krishnan says. This is required because Intam uses picture matching technology for its peoplemeters while TAM uses a frequency system. Work is on to debug the software. “It essentially involves software resolutions for which the process is very much on,” says Krishnan.
What this all means in effect is that, between April and the unveiling of the new service, TAM data will be the only ratings available.
Krishnan says the work towards a new service is proceeding in close consultation with the joint industry body (JIB) which is made up of 20 members representing broadcasters (Indian Broadcasting Foundation – IBF), ad agencies (the 3AAAs of I) and the Indian Society of Advertisers (ISA). The JIB technical committee is chaired by BV Pradeep, director, market research, Hindustan Lever.
“The JIB has also appointed a research design sub-committee headed by Praveen Tripathi (with over 20 years experience in market research) and a software sub-committee headed by Asutosh Srivastava of MindShare. The committee’s recommendations will be an input to the final new service plans,” Krishnan said.
Pointing to the extent of interaction involved, Krishnan said the JIB has had six meetings between 29 November and 7 January. Represented on the JIB from the IBF are five members, one each from Star India, Zee TV, Sony Entertainment, Sun TV and Eenadu TV.
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.
