News Broadcasting
TV9 Network retains position as India’s biggest news network
MUMBAI: TV9 Bharatvarsh has become the country’s most-watched national Hindi news channel disrupting the old order dominated by legacy channels.
The BARC data for television news channels released today — after a long, inexplicable shutdown — put TV9 Bharatvarsh on top of the pile of national Hindi news channels with a jaw-dropping 16.8 % market share.
TV9 Network which runs five other language channels — Telugu, Kannada, Marathi, Gujarati and Bengali – retained its rank as the country’s biggest television news network. With three of its channels being #1 and all others in leadership positions, the Network notched up a massive 292 million AMA (average minute audience). That is a clear 25 per cent lead over the nearest competitor, Zee Network with 13 channels.
However, history has been created in the Hindi news genre. TV9 Bharatvarsh displaced Aaj Tak which came in second with a 14.8% market share for Week 10 (March 5 to 11, 2022 / four-week rolling average, NCCS, 15+, 0600-2400 hours). The scale of this unprecedented disruption in the Hindi television news genre is best appreciated by juxtaposing two undeniable facts: One, Aaj Tak has been the leader of the genre from its inception more than 20 years ago. Two, TV9 Bharatvarsh is three weeks short of what will be just its third birthday (March 31).
TV9 Bharatvarsh’s coverage of landmark news events — such as the Russia-Ukraine war, the Covid pandemic and the Uttar Pradesh election to name just three — marked by its editorial prowess, newsroom innovation, impeccable packaging and unrivalled ground reportage, saw the channel rise sharply up the rating ladder. This rise has been consistent over the last two years.
Celebrating this unprecedented success of TV9 Bharatvarsh and TV9 News Network, CEO Barun Das said the BARC ratings only revealed what some people wanted to hide. “We always knew that we were destined to be the leader. I am happy that the ratings released today have offered empirical evidence of our leadership. I am amused that the only business strategy the legacy channels had to stop the rise of TV9 Bharatvarsh was to stop the ratings itself. And glad that the interest and the verdict of the viewers have finally prevailed.”
Echoing Barun’s sentiment, Groups’ Editor, BV Rao said: “It is clear today that you cannot stop a leader by stopping BARC ratings.”
Expressing deep satisfaction over the leadership status, TV9 Bharatvrash Hemant Sharma, News Director said, “This is the victory of solid credible journalism. This is the victory of conviction in the newsroom capability.”
Sant Prasad Rai, Managing Editor and the architect of the content innovations at TV9 Bharatvarsh, said, “We owe a sense of gratitude to our viewers. We believe the viewer deserves the best. We don’t want to ever compromise on our commitment and responsibility to the viewer. We have established our editorial leadership in each and every genre in the news space.”
Talking about the network leadership status, Barun said, “It gives us immense pleasure to consistently remain the largest news network of the largest democracy of the world. When success is attained by design, it can be replicated. Our all-round supremacy at the Network level proves that.”
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.
