News Broadcasting
NDTV plans to launch MetroNation Chennai in April
NEW DELHI: NDTV is readying for the launch of MetroNation Chennai in April while cutting costs in MetroNation Delhi to keep losses in check amid an economic downturn.
Jennifer Arul is the managing editor of the channel. “We have already hired about 100 people and will be launching MetroNation Chennai in April,” says NDTV MetroNation CEO Rajiv Lulla.
As reported first in Indiantelevision.com, NDTV will launch the Chennai city-centric channel through a joint venture company with the Hindu Group where it will hold 51 per cent stake.
So what led to the delay when the channel was supposed to launch last year? “There were licence issues and it took us time arranging for everything,” says Lulla.
Meanwhile, NDTV has scaled down the operations of MetroNation Delhi by axing jobs and reducing fresh programming on the city-specific channel for Delhi and the National Capital Region (NCR). The channel has converted its mobile studio, ‘The Metronation Bus,’ into a mobile election studio to be used by the two sister news channels, NDTV 24X7 and NDTV India.
“MetroNation is a resilient and nimble channel. We are cutting costs and will hire people when the time is right,” says Lulla.
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.
