News Broadcasting
Spice Telecom in expansion mode, launches Kannada Wap portal
BANGALORE: Spice Telecom (Spice) has launched its Kannada Wap portal Kannada Kasturi.com. Times Internet (TIL) supplies content to the portal.
On offer is a collection of polytones, pruetones, singtones, MP3 Tones, videos, animations, wallpapers, videotones and theme downloads in Kannada. Value added services including WAP. IVR, SMS, USSD and MyTunes (CRBT) will also be offered on KK.
Spice CEO Navin Kaul is optimistic about doubling the existing subscriber base of 500,000 in Karnataka in the next 10 months. Spice is present in two circles – Punjab and Karnataka – with an overall subscriber base of 2 million, states an official release. Kaul also revealed Spice’ Karnataka plan to increase the presence from the current 80 towns and cities to another 150.
On a national scale, Spice proposes to bid for all the circles. Spice has now moved ahead of Tata Indicom in Karnataka, up from the last place to number five with the addition of around 150,000 subscribers over the last 5 to 6 months, claimed Kaul during a discussion with this reporter on the sidelines of the press conference.
TIL Mobile Entertainment business head Neeraj Sharma claims that TIL owns rights to over 50000 picture (wall papers) and sound titles from India and around 10000 from across the world, a major portion of which is English. Times of India Director Sanjiv Sethi claims that TIL owns rights to a major portion – almost one third of the almost 2000-3000 titles of Kannada content.
Plans are afoot to create awareness of KK. Spice Karnataka spends around Rs 180-200 million towards its media campaign. National TV ads have been a recent addition in the Spice campaign. A few moths ago spice roped in Bollywood diva Priyanka Chopra as its brand ambassador. JWT looks after the creative business.
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.
