News Broadcasting
Raghav Bahl’s Quintillion Media invests Rs 4 crore in Youth Ki Awaaz
MUMBAI: Raghav Bahl and Ritu Kapur led Quintillion Media, has invested Rs 4 crore in an angel round in Youth Ki Awaaz, a media platform for the youth to address some of the world’s most pressing issues – through thoughtful opinions and reportage.
Kapur will join the board of the Youth Ki Awaaz parent – YKA Media Private Limited. BMR Advisors acted as transaction advisors to Quintillion Media and Novistra Capital acted as transaction advisors to Youth Ki Awaaz.
Youth Ki Awaaz is a completely crowd-sourced digital media company, which aims to break the top-down, one-way approach of traditional media, making news creation and dissemination a collaborative/community led model. The platform’s approach to media is founded on the idea that public opinion is the new superpower, and that the media can do more to engage the current generation. From analysis and opinions on politics, to the latest on art and culture, Youth Ki Awaaz is a smorgasbord of personal stories, issue-centric writing and rights based interventions. The website receives over a million readers a month, and has contributions from over 30,000 writers from across India and the world.
Youth Ki Awaaz founder Anshul Tewari said, “The last one year has seen a sudden rise in digital news and opinion platforms. With millions of dollars pouring into new startups, the growth is phenomenal. However, similar to traditional media, digital media too seems to be veering away from being people-focused. YKA on the other hand is a completely people driven digital media platform. With veterans like Raghav Bahl and Ritu Kapur on board as partners, we feel both privileged and excited to start a new and even more adventurous phase in pushing this generations opinions to the front. The capital will be invested in expanding our team, tech and business model.”
The Quint co-founder Ritu Kapur added, “We were impressed by the idea conceived by Anshul and the team in creating Youth Ki Awaaz. In a short period of time, they have managed to carve a niche for themselves in the digital media space by creating a people driven digital media platform. We find their content to be high on both appeal as well as quality, which is a fine balance to strike. We are confident that they will continue to grow to greater heights in the coming future.”
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.
