News Broadcasting
Zee expands South presence with Zee Kannada launch
BANGALORE: Zee Group launched its much anticipated Kannada channel Zee Kannada on 11 May. The 24-hour channel hit the airwaves at 5 am.
In an official release, Zee South said the new channel was slated to capture the needs, moods, sentiments and aspirations of Kannadigas. Zee Kannada is the second south Indian language channel that Zee is launching after Zee Telugu, which was launched in May 2005.
Says ZTL director Punit Goenka, “It’s a real delight to be in Bangalore, Zee Kannada is a tribute to the spirit of “Kannadigas”. As Karnataka happens to be the gateway of South India, it will be our constant endeavor to make it the most admired channel in South. We promise to deliver you best service and quality programs throughout our transmission and aspire to be the number one Kannada channel within an year.”
Zee was seen promoting the launch through outdoor advertising and direct contact programs with viewers across Karnataka. Kannadigara Kanmani will be the tagline for Zee Kannada.
Speaking on the initiative, Zee South channels head Ajay Kumar offers, “The Southern region has always been our priority. Launch of Zee Kannada is in continuance with our Zee South initiative. This is the first time in the television history that a channel, whose programs are fine tuned as per the viewer’s feedback, is launched.”
Zee Kannada business head Venkat Giridhar adds, “Zee Kannada is a dream come true for us .We are highly grateful to the viewers across Karnataka whose feedback has been of immense help in deciding on the content and quality of our programmes. We are sure that our people of Karnataka will be proud to see the channel of their choice.”
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.
