News Broadcasting
Kkusum scores a perfect 10 in ratings
It seems to be Sony’s turn to ride the crest of the Balaji wave.
Kkusum and Kutumb, both family soaps from the Balaji stable have peaked at all time high TVRs of 10.2 and 8.3 respectively during the week ended 2 February, according to the channel. Quoting TAM figures, Sony says the channel has steadily consolidated its position in the 9 – 10 pm slot from October 2001, when the two serials went on air. The gradual phasing out of the once hugely popular Kaun Banega Crorepati on Star Plus coupled with the mass appeal of the staple Balaji fare seem to have combined to create a winning formula for Sony in the beginning of 2002.
While Kkusum is pitched as the extraordinary story of an ordinary girl and her family, Kutumb is touted as a fiery saga of a couple who get married for revenge. Kkusum goes on air at 9 pm on weekdays while Kutumb is aired Mondays to Thursdays at 9:30 pm. The channel is attempting to strengthen its prime time band by bringing in Dhadkan, a hospital series that airs Mondays to Wednesdays 8:30 pm.
Rivals Star Plus and Zee are mustering up their prime time fare as well. While Star has launched a slew of new shows from the New Year, Zee has also introduced new programmes across genres to bring in the audiences.
Comparative ratings during the week ended 2 February, 2002
9-10 pm TVRs
Sony
Star Plus
Zee
Oct ’01
6.2
7.3
4.3
Nov ’01
7.0
6.6
4.8
Dec ’01
7.5
7.3
4.1
Jan ’02
9.5
8.5
3.4
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.
