News Broadcasting
Its a full plate for IndiaCast/Viacom18
CANNES: It’s been a fruitful first day at Mipcom for IndiaCast/Viacom 18 (booth number 10.3, level 1), which met up with nearly 43 buyers from markets including France, Indonesia, Russia, Switzerland, Australia, Brazil and Jordon to name a few.
The group expects to meet at least 120 companies from across the globe over the next three days of Mipcom.
IndiaCast group COO Gaurav Gandhi says: “We have 15,000 hours of content in our library across the group and we add more than 2,000 hours of fresh programming each year.”
The biggest draw according to Gandhi is: “Scripts of our famous drama series like Uttaran and Madhubala. That apart, formats like Roadies, Splitsvilla and Crunch aired on MTV are also in demand.”
IndiaCast/Viacom18 has on offer about 40 shows including Na Ana Iss Des Lado, Ballika Vadhu and Comedy Nights with Kapil as also regional channel content and around 40 Bollywood films.
“Mipcom is a good place for connecting with potential buyers from many smaller markets that we don’t have offices in or otherwise would never be able to reach out to. The discussions & negotiations begin here. It needs to be naturally followed up for things to materialise,” says Gandhi.
The group is looking to monetise all its intellectual properties to the hilt. “For example Japan has a huge market for clips and looks for buying clips of many of our shows. East Europe wants drama series dubbed in their language. Africa wants script rights…” informs Gandhi.
And yes, Colors’ recently launched series 24 is another property the group is betting on. “As regards 24, we are in the final stages of closing the deal with Pakistan,” reveals Gandhi.
Apart from selling content, the group is also looking at acquiring content for its various channels. “We need to be sensitive towards what we choose. It should connect with our audiences. We are looking at acquiring family drama content and also non-fiction shows,” rounds off Viacom18 executive VP strategy and business development Anuj Poddar.
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.
