News Broadcasting
Jill Grinda is EuroNews director of worldwide distribution
MUMBAI: Jill Grinda has joined European international news channel EuroNews as director of worldwide distribution. Grinda will manage and expand EuroNews’s international distribution on all platforms including terrestrial, satellite, cable, ADSL, broadband, mobile and all other new media formats.
Grinda was for the past two years Al Jazeera English regional director Europe and Asia contributing to the launch of the channel. Prior to that, she was CNBC Europe regional distribution director for some five years. Earlier in her career she launched and managed distribution for the financial channel, Bloomberg Television in Asia and was then transferred to Bloomberg TV in France in 1998.
EuroNews chairman and CEO Philippe Cayla said, “I am pleased to welcome Jill Grinda who brings to EuroNews over twenty years of international experience with major multinational media and financial corporations in the areas of distribution, marketing production and journalism. I am convinced Jill will strengthen EuroNews distribution in Europe and to push on the success of the channel especially in Asia and America.”
Grinda said, “I am delighted to join the EuroNews team. The results of the latest EMS Survey, show that EuroNews is Europe’s leading international news channel. This is a major step forward in terms of recognition of the channel and a great basis for further development of the brand outside of Europe.”
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.
