News Broadcasting
9 days of non-stop fun with Radio Mirchi
MUMBAI: It is that time of the year, where people across India gear up for the biggest dance festival of the country. Be it children or adults, everyone’s busy planning costumes, learning new dance moves and ascertaining latest gujarati and bollywood songs on the music list. To add to the festive fervor, Radio Mirchi, India’s leading radio station, is leaving no stones unturned to make sure, revelers have a gala time this Navratri. With their exciting navratri pandal and line-up of the best music list, the channel will entice the entire Gujarat to dance till they drop.
This year Radio Mirchi gives its listeners access to the most celebrated navratri pandals across Surat, Rajkot, Baroda and Ahmedabad. While in Ahmedabad, the radio station is organizing a raas-garba at YMCA Club, in Surat it is at Grand Bhagwati and at Neel City Club in Rajkot. If this isn’t enough, then Radio Mirchi has tied up with World’s Biggest Garba pandal in Baroda. In association with United Way of Baroda, Radio Mirchi will give an opportunity to over lakhs of revelers to have the best navratri experience.
But it doesn’t stop here, Radio Mirchi will ensure a musical treat for it’s on-air listeners. For those who like to continue enjoying the festivities even post midnight, Radio Mirchi promises its listeners non-stop fun with garba songs playing till 3 am in morning along with some interesting campaigns. These 9 days of the festival, the listeners will get to hear some of the peppiest songs. Beginning with Achko Machko Bollywood, Radio Mirchi has exclusively lined-up singers like Sukhwinder Singh, Alka Yagnik, Yo Yo Honey Singh, Shaan. These musical genius’ will sing their favourite garba songs. To make it more interactive, listeners will also get to know about their Gujarati connect and experience. To tickle the fan’s funny bones, RJs across stations will have special like Rajnikant’s Navratri that will add a fun element to on air listening.
How can any festivals be complete without goodies? To add on the festivities, Radio Mirchi’s RJs across Gujarat are all stocked-up with exciting giveaways ranging from Midnight Buffets Gift Vouchers to Spa Gift Hampers.
Commenting on the celebrations, Sumit Aggarwal, VP – Cluster Head – Gujarat at Radio Mirchi says, “We are really excited about Navratri which is the biggest dance festival in the world and our on ground partnerships and radio content will be a delight for our sponsors and listeners alike. We have never before had integrations like Mirchi Pushpak – A helicopter ride during Navratri in Ahmedabad which will create a lot of excitement for the associated brands”
Mr. Narendra Somani, CMD – The Grand Bhagwati says, “We are proud to be associated with Radio Mirchi, the biggest media vehicle in Gujarat for Navratri. This event will be extremely vibrant, full of Entertainment with celebrity visits & renowned orchestras on all 9 days. The energy, vibrancy & festive feel will make you revisit us everytime you are in Gujarat during the festival.”
Samarth Mehta, MD – Neel Club says, “We have some unqiue features in our Garba which makes it stand out from other routine garba events such as Rain Dandiya, exemplary blend of Orchestra and DJ, best lawn in Rajkot to play Garba, special Events everyday during the break and a pool side food court.
We tie-up with Radio Mirchi was because it is the number one radio station in the city and we are the best Navratri in town. So, it is a partnership of equals.”
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.
