News Broadcasting
Sibal says some nations are indulging in cybercrime
NEW DELHI: Communications and IT Minister Kapil Sibal says some nations are found to be indulging in cybercrime, or are employing individuals who are not directly linked to them for carrying out such practices.
Sibal said: “Now, what is happening today is that we know for a fact that nations have organised themselves to indulge in cyber crime. We know for a fact that they work sometimes through individuals far removed from them and from spaces that may not be even cited in their own country and part of the attack may come from somewhere else.”
Speaking at an IT-ITeS body Nasscom event here, the minister said that there is a need to create a global standard to fight cybercrime. “Now, the internet world today does not allow us to find where the attack came from and who attacked us, nor does it allow us to disclose the identity of the attackers. We need to develop global rules for that. We need a global accord for that and we then need a system of cyber justice,” he added.
Sibal said it is important to evolve rules so that internet freedom does not deteriorate into lawlessness. “So in that situation how do we evolve rules to deal with those issues? If we don’t do that we will have lawlessness. Freedom and lawlessness are two sides of the same coin. If freedom is not exercised with a sense of responsibility, then it results in lawlessness. So, freedom becomes its own enemy in the absence of accountability. It is a very dangerous proposition and we can’t let that happen,” he added.
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.
