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Pak to allow telecast of 5 Star channels

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Within a week of asking cable TV operators to refrain from relaying Indian satellite channels, the Pakistan Telecom Authority has re-allowed transmission of five Star TV channels.

The PTA on Friday issued instructions that ESPN, Star Sports, Fox News, Sky News and the National Geographic channels would return to screens from today. 

However, the ban on Star Gold, Star News, Sony, B4U and the Zee network of channels among others would remain in place, the PTA has said in a statement.

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On 31 December, chief of the Pakistan Telecom Authority Maj Gen Shabzada Alam Malik had warned that cable operators defying the ban would be penalised and their license cancelled. 

Correspondingly, though, Indian authorities are yet to take a decision on whether PTV should be banned here.

District authorities in Meerut last week banned telecast of PTV channel through cable operators till January 25, 2002, to check “anti-national publicity”. 

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Meanwhile, the Central Monitoring Service, under the I&B Ministry, is continuing the stepped-up content monitoring exercise of different television and radio channels it instituted at the beginning of the war in Afghanistan.

PTV is being monitored round the clock, with not just news bulletins under close scrutiny, but also discussions and talks shows that are telecast on the channel. Audio visual recordings of panel discussions and programmes on Kashmir are being forwarded to the screening committee in the I&B ministry every day. Inputs from the CMS, the ministry of External Affairs and the committee of secretaries will be used to take a decision on the future of PTV. 

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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.

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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.

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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.

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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.

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