News Broadcasting
NDTV posts consolidated net profit of Rs 148.92 million in Q3 2004
MUMBAI: New Delhi Television Ltd (NDTV) has posted a consolidated net profit of Rs 148.92 million in the quarter ended 31 December, 2004, turning around from a loss of Rs 72.90 million a year ago.
The company’s consolidated income has gone up by 119 per cent to Rs 532.01 million as against Rs 243.34 million during the same period. NDTV’s surge in earnings was a result of the strong advertising support despite no elections being held during the quarter. With the backbone of well-positioned news programmes from 6 pm onwards, NDTV managed to gain a dominant position.
However, the consolidated income of the company has gone up by 46 per cent to Rs 532.01 million in Q3 against Rs 364.16 million in Q2 of the current year.
NDTV has reported a PBDIT (consolidated) of Rs 207.61 million in Q3 of the current year as against a loss of Rs 32.37 million recorded in Q3 of the last financial year.
The improvement in NDTV’s performance is a result of the success of both its news channels. While NDTV India is a close number two among the Hindi news channels, second to Aaj Tak; NDTV 24×7 is the clear leader among English news channels. Also notable is the fact that NDTV’s advertising client base has grown to over 550 advertisers and 1300 brands. The consolidated ad sales income for the network in Q3 2004 amounted to Rs 509,117,090 as opposed to Rs 284,301,138 in Q3 2003.
NDTV also informed the BSE on 17 January that the company’s board of directors had appointed Vijaya Bhaskar Menon as a director of the company.
Apart from the two flagship channels, the company launched its new business channel NDTV Profit yesterday 17 January, 2005
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.
