News Broadcasting
TV 18 net profit up 29% at Rs 80 million
MUMBAI: The Raghav Bhal promoted Television Eighteen has recorded a net profit of Rs 80.05 million for the quarter ended 30 June 2005. The group has posted a revenue growth of 57 per cent while its net profit registered a growth of 29 per cent.
The results show a 55 per cent gain in revenues to Rs 266.10 million for the quarter ended 30 June. The operating profit for the quarter stood at Rs 135.37 million, registering a year-over-year gain of 57 per cent.
The operating margin remains above the 50 per cent mark. The results show the company’s net profit up by 29 per cent. It stood at Rs 80.05 million to corresponding quarter’s Rs 62.09 million.
Following the company’s board meeting, Television Eighteen managing director Raghav Bahl said: “This quarter has been very heartening for Awaaz, which has emerged as the fastest growing news channel in the country. We have been seeing an average growth rate of 20 per cent on a week-on-week basis in viewership for Awaaz for the last two months – this is a validation of our expectation that there was a huge latent demand for consumer and business news in Hindi. We hope to see this trend continue which would make Awaaz one of the most profitable news channels soon.”
The group launched the Hindi consumer channel, Awaaz on 17 January.
TV 18 scrip opened at Rs 347.30 and closed for the day at Rs 354.35.
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.
