News Broadcasting
MCCS’ Bengali channel christened Star Ananda
MUMBAI: As the clock ticks for the launch of the Bengali news channel from the ABP Group-Rupert Murdoch stable, a name has been zeroed on. The new channel will be called Star ananda.
This has been confirmed to Indiantelevision.com by a senior executive from the ABP Group, which is a majority partner in the joint venture between the two.
As was reported by Indiantelevision.com earlier this month, the 24-hour Bengali news channel will be co-branded and hence it carries the Star brand name. The channel is likely to go on air in early May.
Media Content & Communications Services India Pvt. Ltd (MCCS), a 74:26 per cent joint venture between the Aveek Sarkar-controlled ABP Group and Murdoch-promoted Star Group, manages the Star News channel.
Suman Chattopadhyay will be the executive editor for the proposed free-to-air Bengali channel.
BBC’s design arm BBC Broadcast Design, which was instrumental in providing a new look for Star News in February, will also be responsible for the graphics and on-air look of the Bengali channel.
On the programming front, the proposed channel will have a blend of programming that is aimed at attracting Bengali speaking audiences nationally. However, due focus on local (West Bengal-specific) news would also be given as MCCS would like to capitialise on the ABP Group’s strong presence in eastern India.
The Kolkata-based company publishes The Telegraph in English and the widely circulated Bengali newspaper Ananda Bazar Patrika, both of whom have the ambition to be national dailies.
News Broadcasting
Network18 posts Rs 1,955 crore revenue, narrows FY26 losses
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.
