News Broadcasting
NDTV elevates Shivnath Thukral to group business editor
MUMBAI: Radhika and Prannoy Roy-promoted NDTV Group has elevated NDTV Profit Shivnath Thukral to business editor and advisor strategy at the group level.
Thukral was managing editor of the English business channel of the group since July 2007.
The announcement was made by the promoters in an official communiqué to the employees. “We are happy to announce that Thukral is to have a redefined role at NDTV,” the memo reads.
“We would now like Shivi (Thukral) to take on a new role that will enable him to be more involved with the journalism aspects of the business and not with managing newsrooms,” the mail said.
In his new role, Thukral will work with the promoters on the business strategies for the new projects. “Radhika and I have asked Shivi to spare some of his time to work closely with the two of us on NDTV’s strategies for new projects,” the letter added.
Also, he will be a journalist – available for all NDTV’s channels where he will also do special shows. His major shows like Big Business Battles and other interview shows will continue on NDTV Profit. He will also be launching his own interview-based show on NDTV Profit soon.
Thukral had joined NDTV in 1995 as a reporter.
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.
