News Broadcasting
Republic TV tops once again as genre ratings fall
BENGALURU: Republic TV juggernaut continued its relentless dominance of the Indian English News genre according to Broadcast Audience Research Council of India (BARC) weekly viewership for week 40 of 2017 (Saturday, 30 September 2017 to Friday, 6 October 2017). The Arnab Goswami led channel has been leading the genre right from its launch 22 weeks ago in week 19 of 2017.
However, BARC data for top 5 English News channels (All India (U+R) : NCCS AB : Males 22+ Individuals) reveals that the combined viewership of the top 5 channels of the genre plunged to lowest ever since week 22 of 2017. Also, Republic TV’s ratings in week 40 of 2017 were the lowest ever since its commencement. It may be noted that week 21 ratings have not been considered in this paper, because the other channels supported by the News Broadcasting Association had stripped their BARC audio watermarks to disallow viewership measurement in protest against what they termed as unfair practices by Republic TV. The errant channels returned to the BARC fold in week 22 of 2017.
Republic TV with 840,000 weekly impressions (Sums) for week 40 of 2017 led the genre, followed by the channel it had disposed from numero uno position when it was launched – The Times Group’s flagship English News channel Times Now that stood at second place with 717,000 weekly impressions (Sums). The previous lowest viewership ratings of Republic TV was in weeks 25 and 27 of 2017 – 868,000 weekly impressions (Sums).
The Prannoy and Radhika Roy led NDTV 24 x 7 climbed to third place in the genre with 347,000 weekly impressions (Sums) in week 40 from fifth rank in week 39 when it had garnered 328,000 weekly impressions (Sums).
NDTV 24×7 was followed by India Today Television at fourth place in week 40 of 2017 with 338,000 weekly impressions (Sums). In week 39 also the channel was ranked fourth with 353,000 weekly impressions (Sums). CNN News 18 dropped two ranks to fifth place in week 40 of 2017 with 244,000 weekly impressions (Sums). The channel had scored 368,000 weekly impressions (Sums) in week 39.
Overall, the Indian English News genre lost viewership in week 40 of 2017 – the combined ratings of the top 5 channels was 2,486,000 weekly impressions the lowest since week 22 of 2017 when the combined ratings of the top 5 channels was 2,463,000 weekly impressions. In week 39, the combined viewership of the top 5 English News channels was 2,888,000 weekly impressions. Please refer to the figure below for the combined ratings of the top 5 English News channels for weeks 1 to 40 of 2017.
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.
