News Broadcasting
‘Shirdi Ke Saibaba’ feature on Zee TV
MUMBAI: Zee TV will air a new show Shirdi Ke Saibaba every Sunday at 9 pm starting from 3 October. The saint popularly known as Shirdi Ke Sai Baba, is portrayed in a serial, based on Saibaba’s life and miracles.
Shirdis’ movies trust and research center is based in Vrindavan is continuously updating its research center on the miracles and incidents involving Saibaba and his devotees.
Speaking on the show, Zee TV president Abhijeet Saxena said, “Zee TV has always focussed in showcasing complete entertainment to its viewers. Saibaba is one such God, who has devotees from all religions. This series of Saibaba will showcase truth and power of Saibaba compared to the thought followed by people in this generation.”
The show has been jointly produced by Raidant Showbiz and Shirdi Saibaba movies trust and research center. This series has been directed by Shiv Dutt Sharma and Amol Surve and written by Vikas Kapoor and Amar Pal Singh.
The lead artists in the show are Sudhir Dalvi playing the character of Sai Baba, Asim Khetrapaul, Suresh Oberoi, Gajendra Chauhan, Ram Mohan, Subbiraaj, Divya Dutta, Tejal Shah amongst others.
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.
