News Broadcasting
Popstars to prove their mettle on 25 May
The much promoted [V] Popstars band will stage its first public concert on 25 May.
The five girls who make up the band are currently undergoing intensive training and thorough image makeover, says Channel [V] programming head Devika Sharma. While model Noyonika Chatterjee is the band manager, dancer Shiamak Davar has been entrusted with choreographing the event. As part of the complete turnaround, the five girls have “lost weight, fine tuned their dance skills, got their hair treated and their wardrobe refurbished by Manish Malhotra,” says Sharma.
The Popstars project, into which Star India has reportedly sunk in Rs 50 million, seems to be paying dividends for the channel. Sharma says Popstars is currently the highest rated show on [V], adding that the channel’s reach has increased since its launch. The 13-part series is also being shown in Hindi on sister channel Star Plus on Fridays at 7 pm, targeting the family audiences.
The five girls who get a shot at fame as India’s Spice Girls are Pratichee Mohapatra, Neha Bhasin, Mahua Kamat, Anushka Manchanda and Seema Ramchandani.
The group is currently spending several sessions in a studio recording the album, which is being penned by Javed Akhtar. The music is being composed by eight music directors including Jatin Lalit and Sandeep Chowta.
The band, as yet unnamed, made its first live appearance on 26 April.
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.
