News Broadcasting
News18 Kannada hosts the second edition of ‘Karunada Habba’ at Bengaluru
Mumbai: News18 Kannada proudly announces the second edition of ‘Karunada Habba’, a vibrant celebration showcasing the cultural heritage of Karnataka. This three-day extravaganza has already captivated the audiences in Davanagere, Kalaburagi, Shivamogga, Ballari and the second edition will be culminating in Bengaluru.
News18 Kannada’s Karunada Habba is a testament to Karnataka’s rich heritage, offering a comprehensive cultural experience featuring Karnataka’s art and craft, cuisine, handlooms, book fairs, paintings and beautiful music. The event’s décor will immerse the attendees in the essence of Karnataka’s cultural heritage, which is perfectly timed with the celebration of Kannada Rajyotsava.
Following the gigantic success of News18 Karunada Habba’s first edition in Shivamogga, we witnessed a footfall of 40,000 enthusiasts who attended the three-day celebration. News18 Kannada is thrilled to extend the festivities to Bengaluru, promising an even more grandiose scale of activities.
The News18 Kannada Karunada Habba Shivamogga edition, inaugurated on 3 November 2023, had the honour of hosting distinguished guests that included – Madhu Bangarappa, minister of primary and secondary education and sakala of Karnataka; DH Arun, member of the legislative council, Karnataka; Channabasappa, MLA of Shivamogga, Kimane Luxury Golf Resorts founder Kimmane Jairam and Sri DP Satish, Group Editorial Advisor- South.
Join the celebrations of Karnataka’s cultural richness with News18 Kannada Karunada Habba on the 8, 9 and 10 December 2023.
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.
