News Broadcasting
Radio City RJ Sameep Nanda shifts base to Red FM
NEW DELHI: Radio City’s loss is Red FM’s gain! Radio jockey Sameep Nanda of Radio City has shifted his loyalties to Red FM. Nanda will host the new Red FM morning drive show Namaskar Mumbai.
Red FM national programming head Vehrnon Ibrahim is delighted with his new acquisition. “Mumbai needed a strong Hindi speaking RJ and Sameep has always impressed me. He is an ‘asli’ RJ. With his experience and intuitive understanding of our format he will be a great addition to our line up,” said Ibrahim.
Nanda has over 12 years of Radio behind him. Before Radio City he was a core member of Times FM and Radio Mirchi. Speaking on his association with 93.5 Red FM, Nanda said, “Red FM programming is totally ‘bang-on’ with the masses. I observed that over the last 10 months Red FM’s popularity had quietly increased with all the hype of the other stations.”
“Strong programming and excellent RJs is the key success factor and differentiator in the radio industry. With Sameep joining Red FM, we would further strengthen our programming line-up and bring the best talent to our listeners”, said 93.5 Red FM COO Nishchint Chawla.
In his new show Namaskar Mumbai, Nanda will bring to listeners a sparkling morning rise that will start their day with a smile. The program will be more music and less talk, giving the Red FM listeners the usual Mumbaiya dose of what’s happening in and around the city, Bollywood gupshup, games, chats with dropped by celebs and tons more all in that unique Nanda style.
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.
