News Broadcasting
RiTV plans Marathi channel for rural viewers
After a Gujarati and Punjabi channel, RiTV will launch a 24-hour Marathi channel during this fiscal year.
The channel will however steer clear of the current crop of Marathi channels that cater predominanty to urban life styles and will instead target rural and semi urban viewers. It will include programming closer to the dreams, hopes, aspirations and lifestyles of this group, an official release says. Agriculture and rural development content will thus be the driving force for success, according to RiTV. The broadcaster also has plans to start a Metro channel this year, which will focus on the SEC A segment in Mumbai, Delhi and Bangalore, a market which the company feels is ideal for a host of nice/exclusive, high profile brands.
The company will invest Rs 40.4 million in the Metro channel and Rs 20.2 million for starting the Marathi channel. The Metro channel will source content from all the three ad heavy cities, covering social events, product launches, local self government, law and order issues, business news and Bollywood news, according to RiTV managing director Subhash Menon.
RiTV also has commenced production of regional films for television audiences in Punjabi, Gujarati, Marathi and Hindi/Urdu, all of which will be premiered on the RiTV bouquet of channels, he says.
The company, which has firmed up plans of diluting 30 per cent stake is aiming to raise Rs 200 million this year. The funds will be used to launch the two new channels and create fresh software. The current fiscal will see RiTV producing 12 Punjabi movies and six Gujarati and Marathi movies each, a number that is expected to go even higher next year. The company has given the mandate for diluting stake to consulting firm Ernst & Young, which has valued the company at Rs 540.3 million. RITV has a programming library that comprises an estimated 3,500 hours of content, valued by Ernst & Young at almost Rs 90 million.
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.
