News Broadcasting
Zee Sports to telecast Italian Open 2006 live
MUMBAI: Zee Sports will telecast the WTA Alice Cup Italian Open live and exclusive. This Tier I $1.34 million, tournament will be played from 15 May to 21 May on Red Clay. Zee Sports will start the telecast of the matches from quarter finals onwards.
The top seeded players, including Maria Sanchez Lorenzo of Spain, Estonia’s Maret Ani Nathalie Dechy of France, Ai Sugiyama of Japan, Kim Clijsters of Belgium, Russian Nadia Petrovas, Elena Dementieva Svetlana Kuznetsova, Switzerland’s Patty Schnyder, Italian Francesca Schiavone and comeback girl Martina Hingis will play for the honours in this tournament, said an official release.
Zee Sports presenter Tina Sharma along with Indian tennis star Ankita Bhambri will present the preview and review show of each of the match. SportsCafe, Zee Sports daily news program will present the highlights and analysis of the best moments of the matches.
The quarter final matches will be played on 18 May and 19 May, from 4 pm onwards. Semi finals will be held on 20 May and the matches will begin at 9:30 pm. The final is scheduled for 21 May at 7 pm.
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.
