News Broadcasting
Zee Entertainment & private satellite TV mark 32 years of entertainment
Mumbai: Zee Entertainment Enterprises Ltd (Zee) and the private satellite television industry celebrate 32 years of entertainment, contributing to the Rs 2 trillion M&E sector.
Over the years, Zee has delivered quality entertainment across platforms, reaching over a billion viewers globally. As India’s top home-grown entertainment company, Zee continues to showcase the cultural essence of Bharat through diverse content. From its inception to its presence in broadcast, digital entertainment, movies, and music, Zee has consistently evolved with industry changes.
Marking the occasion, MD & CEO Punit Goenka acknowledged the efforts behind Zee’s success, highlighting its focus on profitability, business performance, and growth opportunities for the future.
Speaking to the employees on this momentous milestone, Goenka said, “This day is much more than a milestone for us. It is a recognition of our hard work, success and learnings over the last 32 years. We have faced challenges together, celebrated wins together and grown into one of the most respected names in the industry together. Over the next 32 years, I envision Zee to emerge as a beacon of hope and change for society. I see the company delivering on its commitment of driving societal progress through entertainment experiences and realizing our vision of bringing about a positive change in people’s lives through purposeful entertainment.”
Amid the evolving industry, Zee has stayed at the forefront by swiftly adapting to changes. The company continues to take strategic actions focused on frugality, optimization, and quality content to enhance performance and returns, as outlined by MD & CEO Punit Goenka. These steps are yielding positive results as Zee targets future growth.
Zee remains committed to delivering stronger performance, redefining entertainment across screens, and generating long-term value for stakeholders.
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.
