News Broadcasting
First edition of News State Chhattisgarh Cricket League concludes successfully
RAIPUR: News Nation Network’s News State Madhya Pradesh Chhattisgarh recently introduced the first edition of News State Chhattisgarh Cricket League in Raipur, Chhattisgarh.
Cricket in India is not just a game, it is a phenomenal experience, it is an emotion, and it is a cherished memory. Its popularity knows no bounds; in fact, for many it is not just a sport but a religion. It would not be wrong to say that cricket is something that unites the nation. Indians don’t just watch and enjoy a cricket game; they immerse themselves in it.
News State Chhattisgarh Cricket League commenced on 5 March and culminated on 18 March 2021. The 14-day league comprising 27 matches was inaugurated by Chhattisgarh government cabinet minister Ravindra Choubey, and Raipur Nagar Nigam mayor Aizaj Dhebar.
The closing ceremony was attended by the state home minister Tamradhwaj Sahu, and Chhattisgarh police senior superintendent – Raipur Ajay Yadav. The league was a huge success with the participation of over 16 teams from different industries. It was very well appreciated by the local people of Raipur, who demanded a second season to happen soon. The league champions were S A Rubber Industry and the team was delighted to receive the winner title from home minister Sahu.
Thanking the event sponsors, Mr. Abhay Ojha, President- Sales & Marketing – News Nation Network added, "We truly appreciate the generous support of our sponsors and partners for making this league a huge success. We have received a positive response and are planning to expand this initiative in other cities and on a much grander scale."
The key sponsors and partners for the league were Chhattisgarh Shasan, NHMMI Narayana Hospital, OP Jindal University, Punjab National Bank, LIC, Jayanti Bhai Sweets and Namkeen, and Naiduniya.
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.
