News Broadcasting
Rajdeep Sardesai joins India Today Group as consulting editor
MUMBAI: After a hiatus of three months, former editor-in-chief of IBN18, Rajdeep Sardesai has decided to move to India Today Group as consulting editor.
Indiantelevision.com was the first to report that he would be looking at joining TV Today in August.
Sardesai announced his new assignment via a tweet “Delighted to be joining TV Today network, India’s largest news network, as consulting editor. Looking forward to working with a great team.” He will be contributing to the revamp of the channel and its alignment with digital assets of the group.
At first, he will be doing a prime time show on its English channel Headlines Today. On his appointment, India Today Group chairman and editor-in-chief Aroon Purie said, “Rajdeep has been an asset to whichever team he has belonged to, including the cricketing ones. Great to have him with us. I know he will hit the ball out of the park for team India Today.”
Recently, the network saw Shekhar Gupta move out of his full time role into a consulting position. The network also saw Karan Thapar and Boria Majumdar join earlier this year.
Sardesai has worked with NDTV and CNN-IBN. Prior to this, he was working with Times of India in Mumbai. Recently, he just concluded writing a book on Indian elections while simultaneously launching his own website ‘Breaking Views’.
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.
