News Broadcasting
Prasar Bharati looks for exclusive OTT partner to bring ‘Swaraj’ to global audience
Mumbai: Prasar Bharati has invited applications from OTT platforms for the exclusive global licence for its programme Swaraj for three-years. The bidding process will be done via e-auction.
The public broadcaster set the reserve price for 75-episode Hindi programme at Rs 26.25 crore plus GST. Any incremental bid beyond the reserve price must be Rs 5 lakh and multiples thereof. The last date for submission for the applications is 4 August.
Produced by Contiloe Pictures, the series was announced by minister of information and broadcasting (MIB) Anurag Thakur on 25 July and is scheduled to telecast on Doordarshan network on 14 August on the eve of India’s 75th year of independence.
The programme commissioned by Prasar Bharati is focused on the unsung heroes and battles of India’s independence all across the country. Originally produced in Hindi, the series will also be dubbed in English and nine other languages including Marathi, Odia, Tamil, Telugu, Malayalam, Kannada, Bengali, Assamese and Gujarati.
On winning the bid for the programme, the OTT platform shall be authorised to upload and store the series on its server for the purpose of transmitting the programme to audiences via the OTT platform, either free of cost or behind the paywall, as per the terms and conditions of the licence agreement.
Each episode of the programme will be available on the OTT platform after 48 hours of its first telecast on Doordarshan network.
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.
