News Broadcasting
Star India beefs up mobile audio service ‘Voice’
MUMBAI: Pushing the ‘digital’ envelope further, Star India has announced the full-fledged launch of its mobile audio entertainment service Voice. The service now offers audio capsules of some of the leading programmes in the Star Network.
The programmes now available on Voice include prime time soaps Kyunki Saas Bhi…, Kahani Ghar Ghar Ki, Kasauti Zindagi Ke, Viraasat, the afternoon serials Bhabhi and Kumkum. Also in the pipeline is, content based on the upcoming Star One celeb talent hunt show Nach Baliye 2.
States Star Interactive senior vice president Viren Popli, “There is a ready demand for popular TV content and interactivity on the go. STAR 7827 Voice is a platform for the non-SMS, non English-speaking viewers of our channels to enable them to keep up, and interact with our channels and with their favourite shows.”
As already reported by indiantelevision.com, Star India debuted Voice on with an audio-episode of Plus’ new prime-time show Karam Apnaa Apnaa 23 August. Now the entry of more shows on the platform has made Voice a full-fledged service, according to Popli.
“We tested waters with Karam Apnaa Apnaa and got a very encouraging respose. This has inspired us to launch more content on Voice. STAR 7827 Voice will be fully integrated into Star channels, thereby increasing the channels’ interactivity. We are also looking to enter the Tamil Nadu market through Vijay TV,” says Popli.
The service will be available to BSNL subscribers and Hutch, Spice (Karnataka & Punjab) will follow thereafter. To explore STAR 7827 Voice, mobile subscribers can dial in 127827 from their BSNL and 5057827 from their Hutch mobile phones for the latest in mobile content.
The BSNL service costs RS 3.50 per minute, while the Hutch/Spice service is charged Rs 6 per minute.
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.
