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Ashutosh moves on from IBN-7, Vinay Tewari takes charge as Managing Editor

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NEW DELHI: Ashutosh has decided to move on from his role as Managing Editor of IBN7, the Network18 Group’s National Hindi News Service. He is passing on the mantle to Vinay Tewari, Managing Editor, CNN-IBN who will now also lead IBN7 editorial operations in the same capacity. In this expanded role, Tewari will also drive network synergies at CNN-IBN and IBN7.

 

Speaking on this development, B.Sai Kumar, Group CEO, Network18 said “Ashutosh has played a key role in IBN7’s emergence as one of the most credible brands in Hindi news. We thank him for his immense contribution and commitment to the Network. Vinay has led CNN-IBN admirably and in this expanded mandate, we’re confident that he will not only take IBN7 to new heights editorially but also strengthen our general news network further”

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Commenting on this, Rajdeep Sardesai, Editor-In-Chief, IBN News Network added “Ashu has been a driving force behind IBN7 and his passion and leadership has been instrumental in making it into a fearless and independent voice in Hindi journalism. We thank him for his stellar effort and wish him the very best. Vinay has been an integral part of the general news network from the very beginning and I’m confident that he will bring his unique perspective and rich news experience to bear at IBN7 and the network ”

 

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Ashutosh added “Building IBN7 into what it is today has been one of the most satisfying experiences of my professional journey. I would like to thank all my colleagues for their support and look forward to newer challenges”

 

Vinay Tewari commented “IBN7 today stands for the best in hard-hitting and inclusive journalism and it’s a privilege for me to lead it further. I look forward to working closely with the talented and passionate team to ensure we honor the trust of our viewers in IBN7 and ensure that both CNN-IBN and IBN7 benefit and capitalize from the general news network in equal measure”

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Tewari has over two decades of experience in journalism across reportage, desk, news production and special events coverage. Prior to Network18, he has had stints with the TV Today Network, Times of India and The Pioneer. 

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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.

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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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