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Kainthola takes over as executive director in LS TV

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NEW DELHI: Indian Information Service officer Bhupendra Kainthola has taken over as the new executive director (programmes) of Lok Sabha Television, filling the vacancy created in January after the termination of services of Sudhir Tandon, without ascribing reason.

Kainthola has been posted to LS TV on deputation for three years. He is an IIS officer of the 1989 batch.

His last posting was as the deputy general manager (media) for the National Highways Authority of India (NHAI) for the past two years, but he has earlier worked for several years in Doordarshan News in the Mumbai and Delhi kendras. He also functioned in the Press Information Bureau for one year.

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The post of the ED (P) has been held as an additional charge first by the executive producer Vartika Nanda-Sahai, and then by the executive director (marketing), Sunit Tandon, who is in the channel on deputation from the National Films Development Corporation.

Sudhir Tandon had retired as deputy director general in August 2005 from the charge of Director of the Delhi Kendra of Doordarshan before joining LS TV. He had received a termination order in late December ending his three-year contract (in just over a year), without assigning any reasons.

The LS TV was first conceived by the Lok Sabha Speaker Somnath Chatterjee and offered to Doordarshan.

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However, the public broadcaster had demanded financial support for a minimum of 250 employees. Bhaskar Ghose – a former Director General of Doordarshan and also Secretary in the Information and Broadcasting Ministry – was then given the task of running the channel with a strength of less than 80 people.

He was appointed with the designation of media adivsor to the speaker and chief executive of the channel. LS TV was formally launched as a 24×7 channel from July 24, 2006 when the Monsoon session commenced. 

Commencing with the Budget session, the channel is now in charge of transmitting the signals to the Doordarshan tower from where these are uplinked. Earlier, this work was being handled by DD staff.

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Furthermore, two more studios are coming up to augment the facilities, but sources in the channel told indiatelevision.com that there was no corresponding increase in staff strength which was now just over 100.

The channel still does not have any funds of its own and has to depend on the Audio Visual Unit of the Lok Sabha Secretariat for its expenses and infrastructure.

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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.

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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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