News Broadcasting
WORLDWIDE MEDIA EXPANDS DIGITAL CONTENT PORTFOLIO WITH ‘INTERN DIARIES’
MUMBAI: Worldwide Media, the leading entertainment and lifestyle provider, has announced the launch of ‘Intern Diaries’; a scripted reality web series by Grazia in association with Ponds BB+ cream. The new offering to be launched on 15th May will expand the group’s video content portfolio, thereby fortifying its digital first strategy. The concept of the web series set at the backdrop of leading global fashion media platform Grazia’s workplace; will seamlessly integrate elements of fashion and entertainment forming synergy with the younger audience.
Speaking about the web series, CEO, Worldwide Media Mr. Deepak Lamba said, “Each of our brands caters to a certain industry segment and its respective audiences. By leveraging each brand’s expertise to create reality based long form content, we have extended our reach on other platforms like television and digital. With Intern Diaries we will amplify our long form content offering on the digital medium and reinforce our platform agnostic and digital first strategy.”
Speaking about the concept, Grazia India, Editor in Chief, Mehernaaz Dhondy said, “Intern Diaries is WWM’s first foray into fictional video content with a reality setting. The viewers will get a sneak peek into the inner workings of a fashion magazine. Each year many young girls intern at Grazia. The web series has been inspired by many real-life instances that have taken place. Each episode is entertaining and shows a real sense of camaraderie among the two interns and the fashion community.”
Intern Diaries is a unique series with a story that will revolve around two young girls interning with Grazia and aspiring to make a mark in the world of high fashion, style and Bollywood. The interns will be seen working their way towards delivering as per the magazine’s merit. The web series will take the audience through a journey of real situations, fashion emergencies and challenges from a millennial’s point-of-view. The engaging 8 episode web-series will feature on Youtube and social media platforms of Grazia and a dedicated micro-site – https://www.grazia.co.in/intern-diaries/
The young artists Hira Ashar and Shivani Singh will be playing the lead roles in the series. Talented actress Sonakshi Sinha and celebrity designers such as Manish Malhotra, Anita Dongre, Masaba Gupta and Payal Singhal’s special appearances will add value to the fashion and glamour driven theme of the web series.
Worldwide Media group in a short span of time has launched various quality content properties, on digital and television, such as Famoulsy Filmfare, The Secret Ingredient, Nexa Journeys on Asian Highway1 and The GoodHomes show. The success of these properties bears testimony to the group’s strength of delivering shows that can sit across different platforms, propelling it into the direction of achieving its transformational goal.
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.
