News Broadcasting
Prasar Bharati CEO Sarma elected ABU vice-president
NEW DELHI: Prasar Bharati CEO KS Sarma has been elected vice-president of the Asia Pacific Broadcasting Union (ABU) for a three-year term. Sarma was elected for the post un-opposed at the 39th general assembly of the ABU, which opened in Tokyo yesterday.
Sarma’s election underlines the importance of India’s role in shaping the future of public service broadcasting in the world’s fastest developing Asia-Pacific region, according to a Prasar Bharati press release.
Gemstar CEO Henry Yuen resigned last month after an accounting review by the board’s audit committee, and last week the company fired its accounting firm, KPMG LLP.
The ABU is made up of 100 broadcasters from 49 nations and territories of the Asia and Pacific region. It provides a platform for cooperation in the field of news and programme exchange, acquisition of broadcast rights, training and technical consultancy.
National broadcaster Doordarshan and All India Radio are among the most active members of the ABU, the release says.
The focus of the 39th General Assembly in Tokyo is on the role of broadcasting in the 21st century and how broadcasting can solve such global issues such as education and environment. More than 400 delegates are attending the current ABU general assembly.
Prasar Bharati is being represented by Sarma, director general Doordarshan Dr SY Quraishi and Doordarshan engineer-in-chief RK Gupta.
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.
