News Broadcasting
TV18 posts Q1 net profit of Rs 230 mn from news bi
MUMBAI: Post restructuring, the news business of TV18 is continuing to show positive momentum. The company has posted a net profit of Rs 230 million for the quarter ended June, compared with a net loss (performa basis) of Rs 190 million in the year-ago period.
Operating revenue grew 146 per cent to Rs 1.28 billion from Rs 520 million. Expenditure doubled to Rs 1.09 billion, compared with Rs 590 million that the company had incurred in the earlier year.
Post restructuring, TV18 news business consist of CNBC-TV18, CNBC Awaaz and two IBN18 news channels – CNN IBN and IBN7.
Meanwhile, operating profit of the company stood at Rs 180 million, compared to operating loss of Rs 70 million a year ago.TV18 said that the numbers for the previous year and quarters are for IBN18 standalone before implementation of the ‘Scheme of Arrangement’ and hence not comparable.
TV18 also reported the business news (CNBC TV18 and CNBC Awaaz) and general news (CNN IBN and IBN7) numbers separately.
In general news, revenue for the fiscal first-quarter stood at Rs 620 million, up from Rs 540 million). The company did not report the operating loss from the segment.
In the business news segment, revenue stood at Rs 680 million (from Rs 640 million), while operating profit stayed flat at Rs 160 million.
TV18 has a net debt of Rs 6.70 billion.
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.
