Chairman Zainulbhai addressed shareholders in the company's FY22 annual report stating that going hyperlocal and creating an integrated newsroom will help Network18 to stay relevant in the market
The network posted the highest-ever operating margin in Q1 despite the second wave at 16.2%
Digital business has shown profitability on sharp ad growth and rising subscription revenues, the group has said
While advertising recovered around the festive season, weakness in macro-environment and sluggish spending by advertisers continued to drag ad revenue down YoY for both News and Entertainment