News Broadcasting
MediaGuru powers Africa’s most advanced broadcast hub for TVC Communications
NIGERIA: Lagos-based, privately owned, multi-platform, national and international full-service media firm, TVC Communications has unveiled its state-of-the-art broadcasting headquarters, hailed as the most advanced facility in Africa. Developed in collaboration with Indian broadcast systems integrator the Sanjay Salil-owned MediaGuru, the custom-built hub was completed in under 24 months and is redefining the future of broadcasting across the continent.
TVC Communications group managing director & CEO Victoria Ajayi highlighted the overwhelmingly positive response from viewers since the launch. “The new facility has elevated our capabilities, allowing us to deliver superior content quality to audiences across Africa, Europe, and beyond,” she said.
The facility boasts cutting-edge features, including:
* Multi-purpose studios and a newsroom with world-class sets
* HD broadcasting for unparalleled content quality
* AR and VR integration for immersive storytelling
* AI-powered news gathering and production via MediaGuru’s proprietary platform
* IP-ready infrastructure for global scalability
* Multi-city studio integration for seamless collaboration
Rajeev Kumar of MediaGuru expressed pride in the partnership, stating: “This is one of our most ambitious turnkey projects, from design to execution. We’re shaping the future of broadcasting in Africa.”
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.
