News Broadcasting
News Broadcasters Association expresses concern over NDTV raids
MUMBAI: The News Broadcasters Association (NBA) has expressed its concern over the recent raids conducted by the Central Bureau of Investigation (CBI) on the residences of the promoters and office of NDTV, which is a long-standing member of the NBA.
While the NBA maintained that no individual or institution is above the law, it condemns any attempt to muzzle the media and causing any interference in the free functioning of news operations. Such a move also undermines the basic tenets of free speech enshrined in the Constitution of India, an NBA statement issued NBA secretary-general Annie Joseph added.
NBA hoped that CBI will not venture into concerted harassment of NDTV/its promoters, and must ensure fair and just investigation by adhering to equity, justice and good conscience.
The Editors Guild of India had earlier expressed deep concern over the raids conducted by the Central Bureau of Investigation (CBI) on the offices of NDTV and its promoters on Monday. Entry of police and other agencies into the media offices is a serious matter, it added.
NDTV had denied any wrongdoing and termed the raids as “stepping up the concerted harassment” of the news channel and an attempt to “undermine democracy and free speech” and “silence the media,” the release stated. While the Editors Guild maintains that no individual or institution is above the law, the Guild condemns any attempt to muzzle the media and calls upon the CBI to follow the due process of law and ensure there is no interference in the free functioning of news operations, the Guild release signed by office-bearers Raj Chengappa, Prakash Dube and Kalyani Shankar stated.
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.
