News Broadcasting
PM Modi’s NGC interview to be done by David Letterman
MUMBAI: Interviewing the prime minister of India is no easy task. Even after you schedule one, sharing questions in advance with the PM’s office is a must.
After two successful rounds of interactions with Times Now’s Arnab Goswami and CNN-News18’s Rahul Joshi, PM Narendra Modi will be interviewed by David Letterman from The Late Show fame.
While Season One of Years of Living Dangerously aired on Showtime, the series will return on its new home, the National Geographic Channel, and is scheduled to premiere on 30 October.
Letterman will interview Modi for the first episode of the climate change documentary series, Years of Living Dangerously. In its second run, the show’s producers, Joel Bach and David Gelber, reached out to the host after noticing his particular interest in the environment during interviews with scientists on The Late Show.
Each episode of the series will see a journalist or celebrity-turned-correspondent examining the effects of global warming and will discuss various ways to curb it. For the very first time, Letterman will travel to India and interview the PM about the country’s energy concerns.
Apart from that, the show will feature Ty Burrell, Cecily Strong and Jack Black, as well as returning correspondents Don Cheadle, Olivia Munn, Ian Somerhalder, Arnold Schwarzenegger and James Cameron, etc.
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.
