News Broadcasting
Narendra Modi picks ETV network for first election interview
MUMBAI: Ever since Congress vice president, Rahul Gandhi, gave his first ever television interview after making his political debut in 2004 to Times Now editor-in-chief Arnab Goswami, everyone has been waiting with abated breathe which channel will BJP’s prime ministerial candidate opt for.
Finally, the wait is over as Narendra Modi has decided to go the other way and give his first election interview to a regional channel, ETV Gujarati. While the channel’s senior anchor Hari Shankar Vyas was picked to grill Modi, the interview has been conducted in Hindi rather than Gujarati, a move to reach out to a larger audience.
Shot on 27 March, the one and a half hour episode will be telecast across the ETV Network’s Gujarati news channel, Urdu channel and Hindi news channels (ETV UP/Uttarakhand, ETV MP/Chhattisgarh, ETV Bihar/Jharkhand, ETV Rajasthan) on 31 March at 8:30 pm. The network is currently exploring options to also simultaneously telecast it on the ETV GECs as well.
Other regional ETV channels such as Kannada, Marathi, Bangla and Odiya will telecast it on a later date and time, that hasn’t been fixed as yet. These will have subtitles in their respective languages.
ETV channels are now under Network18 in which Reliance Industries Limited (RIL) is a shareholder. Network18’s other news channels such as CNN-IBN and IBN7 will also air the interview.
The promos for the interview will start airing by 7:00 pm today.
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.
