News Broadcasting
Sony Music signs Punjab’s sensational rapper/singer Badshah
MUMBAI: The Saturday night party anthem – Saturday Saturday’s popular rapper/singer Badshah has been signed by leading music label – Sony Music.
Badshah is known for his hit number Saturday Saturday which rose to popularity within a few hours of its release and became an instant hit and a club anthem. His latest offering Proper Patola by Diljit Dosanjh is a trending sensation on Youtube with 1 MN views on Vevo. Badshah has great music sensibility and is extremely popular amongst the youth.
Sony Music had signed Bohemia under their Punjab catalogue followed by multi-talented singer/actor Diljit Dosanjh and now is proud to be associated with Badshah. Commenting on the same, Sanujeet Bhujabal said, “Punjab has been one of our key focuses and the artists here have a lot of talent waiting to be explored and made available to music enthusiasts. We have worked with the best in the industry and are again happy to be working with the best in the industry with a global fan base. We wish him the best and promise a great musical journey together”
Says Badshah, “Sony music is an amazing place to be. The atmosphere, the team and the way they work is really professional and chilled out at the same time. I feel proud and responsible to be on the label and its just the beginning of a new era. Look out for some amazing stuff in the near future including my debut album in October”
Sony Music with its worldwide distribution network will ensure Badshah’s new songs and shows hit milestones.
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.
