News Broadcasting
NDTV posts 55 per cent profit in Q3, best quarterly results in 7 years
MUMBAI: New Delhi Television’s consolidated profit rose by 55 percent to Rs 11.3 in third quarter of the financial year of 2019-20 compared to Rs 7.3 crore in the corresponding quarter of the last financial year. The broadcaster posted best Q3 result in last seven years.
The group’s television business shows a turnaround of Rs 16.82 crore over the preceding quarter, said the broadcaster in filing to Bombay Stock Exchange. “The television business declared a profit of Rs 6.66 crore, which is its best Q3 in more than a decade.”
NDTV Convergence, the group’s digital company, posted 14th straight profitable quarter. NDTV Convergence being at the core of the group’s business operations, it remains a market leader in the online news space, the press statement said.
NDTV’s profit for the current financial year so far marked a turnaround of Rs 17.86 crore over the corresponding period for the last year. Moreover, the operating expenses for the group continue to contract, down by Rs 8.5 crore over the same period last financial year.
Meanwhile, NDTV Ltd’s profit increased by 49 per cent to Rs 6.7 crore in the third quarter of FY20 compared to Rs 4.5 crore in the same quarter of FY19. Whereas the revenue from operations of NDTV Ltd’s rose by 30.5 per cent to Rs 55 crore against Rs 42 crore in the corresponding quarter of FY19.
Despite profit, the group’s total income fell 7.8 per cent to Rs 98.29 crore during the quarter under review compared to Rs 106.59 crore in the corresponding quarter a year ago. Meanwhile, the total expenses also slumped 10.52 per cent to Rs 85.03 crore against Rs 95.03 crore in the Q3 FY19.
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.
