News Broadcasting
Nimbus forays into film distribution with ‘Kalyug’
MUMBAI: Nimbus Motion Pictures has entered an alliance with movie distribution entrepreneur, Rajesh Thadani,to enter film distribution.
With its eye on an ultimately nationwide network exploiting the fundamental monetary mechanisms of acquisition of rights, print publicity and advertising, Nimbus Motion Pictures has announced its role as distributor for Mukesh Bhatts Kalyug.
Nimbus Motion Pictures group consultant, Viveck Vaswani ,said, “Kalyug is our first foray into the motion pictures distribution segment. We strongly believe that Kalyugs content and our efficient corporate distribution model make for a winning combination. We are upbeat about our aggressive target of distributing 12 movies per annum over the next fiscal year.”
The cast of Kalyug includes Kunal Khemu (the child artist in Aamir Khan – Juhi Chawla starrer Hum Hain Rahi Pyar Ke), Smily Suri, Deepal Shaw and Emran Hashmi. The movie is produced by Mukesh Bhatt and directed by Mohit Suri.Vaswani added, “I am very upbeat about Kunal Khemu. I genuinely feel that he is the face of future.
Announcing the deal, Mukesh Bhatt said, “It is a socially relevant film, based on factual incident rampant all over the country. It is about technology, multimedia and the survival of the fittest – one mans exploitation is anothers entertainment. Kalyug cinematically takes the war against pornography across borders into Zurich and Amsterdam taking the bull by the horns.”
Kalyug is about a young and vulnerable couple who get trapped in a web of violence, intrigue and sleaze when an MMS is shot of them on their first night together. Trapped in the pornographic mafia, it is the story of Kunal’s journey to hell and back.
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.
