News Broadcasting
Greymatter to debut at MIPCOM 2013
Greymatter Entertainment – a 360 degree media company offering end-to-end creative solutions and production services for broadcast, celluloid and digital platforms – is debuting at this year’s MIPCOM with a host of new and innovative formats.
For a company which produces content across genres, including reality, music, travel, lifestyle, game show and documentary, participating in the world’s largest content market is possibly a natural next step. Says Greymatter Entertainment owner Rahul Sarangi, “MIPCOM helps you network with global content buyers. The market is also a platform for companies with new formats.”
We believe most of our formats are very differentiated yet palatable to the global audience, says Rahul Sarangi
So what’s on offer at the fest? “We will launch a factual documentary titled ‘Tribes of the World’, an award winning show ‘Bikini Café’, a never-seen before music reality format named ‘Remix’ and a series about unconditional love christened ‘Thanks Maa’,” Sarangi answers.
For the uninitiated, Tribes of the World is a factual documentary which explores the unexplored and unseen faces of tribal India. Bikini Café is about testing one’s entrepreneurial skills of owning a shack while Thanks Maa gives mothers a chance to relive their dreams.
Elaborating on his plans, Sarangi says: “We are looking at co-producing interesting formats/content under the genres we specialise. As far as selling is concerned, one of our music formats ‘Remix’ has been sold to a few markets and is distributed by Global Agency. We have also recently concluded a very successful co- production deal with Novovision on 52 x 30 min non-dialogue humour episodes for the global market.”
What does Greymatter expect to achieve at MIPCOM 2013? “As you would be aware, Indian broadcasters don’t give rights to producers, but we have figured that if we have a global partner, then we can retain rights and make it a global success. We believe most of our formats are very differentiated yet palatable to the global audience,” explains Sarangi, adding: “We expect to strike some interesting co-production, distribution or strategic partnership with global companies that suit our profile.”
On the subject of markets, Sarangi says the company is open to any market, from America and Europe to the Middle East and Asia, as long as it shares Greymatter’s sensibilities. The firm will concentrate on platforms like IPTV, mobile and free to air.
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.
