News Broadcasting
State election results: A busy day for news channels
MUMBAI: The year 2014 saw not only the 16th Lok Sabha election, but a number of states undergoing assembly elections as well.
As the year ends, two states – Jammu & Kashmir and Jharkhand – casted their votes and elected their new governments. The result day i.e. 23 December, was a day of excitement for news channels as most of them started early with predictions. As the day progressed, the counting results were displayed on the screens as media stalwarts analysed the results.
The numbers clearly showed the mark that Prime Minister Narendra Modi had left on these states as the BJP won a number of seats. In Jharkhand, the party has won with almost majority while in J&K, it is the second largest party after PDP. However, the “breaking news” was J&K Chief Minister Omar Abdullah losing from both Beerwah and Sonawar assembly constituency seats.
The news channels focused on the next step of the political parties especially in J&K as there was no clear winner. The channels got a panel discussing the same as well as senior editors within the channel analysed the winners, the overall results as well as what discussions are going on behind the closed doors of parties on their next move.
The analysis continued till late afternoon; with a little break as BJP’s Amit Shah held a press conference to talk about the party’s performance in the two states. “2014 is the year of BJP,” is what the right-hand man of Modi had to say.
Throughout the day, the channels also gathered as well as took people’s reaction through their digital platforms. Hashtags like #Dec23WithArnab, #NDTVResults were created and promoted on channels as they geared for the big debates to be held at primetime.
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.
