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Zee 24 TAAS presents ‘Govinda – re – Gopala’: A mesmerising Janmashtami celebration

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Mumbai: Janmashtami, the radiant festival that marks the birth of Lord Krishna, holds a special place in the hearts of Indians, especially in the vibrant state of Maharashtra. Zee 24 TAAS, is thrilled to announce a spectacular Janmashtami special program, ‘Govinda – re – Gopala’, which will go on air on 7 September 2023 from 10 am onwards.  This special program will allow citizens to witness the essence of this beloved festival and its significance in Maharashtra, featuring prominent celebrities who will join in the jubilant celebrations.

‘Govinda – re – Gopala’ promises to be an unforgettable experience for viewers, offering a comprehensive look at the essence of Janmashtami. The on-ground reporters of Zee24 TAAS will be covering the festival’s essence from various locations across the state of Maharashtra. This vibrant program will not only explore the spiritual importance of this festival, but also provide an in-depth glimpse into how people or devotees across the state of Maharashtra come together to celebrate this auspicious day, emphasizing the unity and devotion that Janmashtami fosters.

Viewers will also have the privilege of witnessing the darshan of their favourite celebrities in their moments of devotion during the festive celebration. Their heartfelt participation and insights into their own Janmashtami traditions will undoubtedly add an extra layer of charm and excitement to the program.

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Speaking on the relevance of the special programming, Zee 24 TAAS editor Nilesh Khare said, “Janmashtami is a time when our nation comes together to celebrate the divine birth of Lord Krishna. Mumbai epitomizes a spirit of resilience and unwavering togetherness. ‘Govinda – re – Gopala’ is our way of bringing this celestial beauty of Janmashtami closer to our viewers, allowing them to partake in the joy and devotion that Janmashtami embodies. We invite our viewers to join us in this celebration of unity, faith, and the enduring legacy of Lord Krishna. We hope this program will reinforce the cultural richness and spirituality that define our nation.”

Zee Media Corporation Ltd. CEO Abhay Ojha further added, “At Zee Media Corporation Limited, we believe in fostering connections with our viewers through the celebration of our cultural heritage.’Govinda – re – Gopala’ is a testament to this belief, offering an immersive experience into the vibrant and soulful celebration of Janmashtami in Maharashtra. This program is a reflection of our dedication to providing not just news but also cultural enrichment. Join us as we take you on this mesmerizing journey of faith and joy, and let’s collectively celebrate the enduring legacy of Lord Krishna.”

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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.

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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.

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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.

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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.

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