News Broadcasting
Shibani Gharat completes thirtieth full marathon
MUMBAI: The attractive and erudite Shibani Gharat, anchor and associate executive producer at CNBC-TV18, has a dirty dark secret: she loves to run. Night or day, she loves the feel the pavement gives to her feet when her strides cover long distances on Mumbai’s streets. She recently completed her thirtieth full marathon at the Tata Mumbai Marathon (TMM). By finishing over 10 full marathons at the prestigious event, Gharat has earned the esteemed title of TMM Legend.
Gharat, who has over 11 years of experience in broadcast journalism, shared insights from her transformative running journey.
“Each marathon was a reminder that success is not always about speed or crossing the finish line first; it’s about persistence, patience, and growth in the face of challenge,” she noted.
Her key takeaways from marathon running include:
* Resilience: Progress is about continuing despite challenges.
* Consistency: Success stems from disciplined preparation.
* Celebrating Milestones: Small rewards during a race help maintain motivation.
* Community Support: The energy of fellow runners and spectators is invaluable.
Gharat’s career in journalism spans work on notable shows such as Storyboard, Tech Guru, and Lessons in Marketing Excellence. Her achievements in both professional media and endurance sports continue to inspire audiences.
The Tata Mumbai Marathon, one of India’s largest long-distance running events, celebrates dedication and endurance. Gharat’s accomplishment exemplifies the spirit of resilience central to the event.
News Broadcasting
Network18 trims FY26 losses as Q4 revenue touches Rs 1,955 crore, 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.
