News Broadcasting
ET Now: Warren, what are the investips for Buffett tonight, bullish on India?
MUMBAI: ET Now, India’s leading English business news channel, has edged out global news networks to become the first channel to interview American business magnate and investment guru Warren Buffett. This is for the first time that Mr. Buffett, who runs the iconic investment firm Berkshire Hathaway, has chosen an Indian channel to share his investment philosophy, post the company’s AGM.
ET Now’s exclusive interview with ‘The Oracle of Omaha’ assumes significance, as it comes soon after Buffett’s widely tracked address to millions of Berkshire Hathaway shareholders, which is tracked by Investors, market watchers and economists around the globe.
Speaking exclusively to ET Now, Buffett says India has an incredible potential and the country should be on top of the table for global investors. “I would like to hire people (in India), I would like to buy businesses, but it has to be a big business. I have to move the needle at Berkshire,” he says.
It will be telecast at 7:30pm and 10:30pm on Tuesday, 9 May, 2017. In this ‘unmissable’ interview, Buffett also shares his views on market-moving topics like the U.S. economic recovery, interest rates and his legendary investment philosophy.
Going by the immense following for Warren Buffett, #BuffettOnETNOW was trending in India list today. It has a total of 4.7K mentions on Twitter with a total reach of over 67.2 Million with extremely positive sentiments.
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.
