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PM wants media to check sensationalism & paid news

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NEW DELHI: Ruling out any outside regulation of the media, Prime Minister Manmohan Singh has said the representatives of media should among themselves find a way by which objectivity and impartiality gets encouragement and sensationalism is reduced.

Singh also felt that the media in the country can itself take care of the ‘ills‘ like paid news and urged it to reduce sensationalism in coverage.

“I am very happy that the media of our country is by and large independent and alive. . Ever since we have got independence, discussions have been going on in the country about the role of the media and the manner in which it functions”.

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Stressing on the need to let media self-regulate, he said that in his opinion “there is a general consensus in our country that no outside control should be imposed over the media.”

He was speaking at a function here in which he released a book and a postage stamp issued in the memory of late Puran Chandra Gupta, the founder of Hindi daily Dainik Jagaran.

Noting that it is good for the country‘s democracy that the reach of both the electronic and print media has increased substantially due to new technology, Singh said: “I am confident that Indian media will itself take steps to wipe out the ills like paid news and will also be successful in it. You should also pay attention on how to increase the coverage of those issues, which are really important for our country.”

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Lauding Gupta for encouraging independent and fearless reporting throughout his life, Singh said such journalism is quite necessary for any democracy.

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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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