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Winmagic, Comguard& ITCG Solutions hold Joint Customer Meet in Vadodara
MUMBAI: Comguard Infosol, Winmagic Inc. and ITCG Solutions together conducted a customer meet in Gujarat on “Bringing the Next Generation in Data Encryption”.The meet aimed at creating awareness about security solutions and to galvanize partners to align with them to create new opportunities for mutual growth.
The evening in Gujarat was sparkled by the presence ofMr. Nilesh Kuvadia- Director, ITCG; Mr. Harish Rai- Country Manager, and Mr. Nameet Dokare – Country Manager, Winmagic.
On the eve of the event Mr. Nilesh Kuvadia, Managing Director, ITCG Solutions delightfully conveyed “With the current trend of mobility & BYOD, product like WinMagic is the need for this hour. It not only seamlessly integrates with all the current technologies but also ensures that encryption layer doesn’t degrade the performance of the device.”
Speaking on the occasion, Harish Rai, Country Managerof ComguardInfosol also said, “Our prime agenda is to extend our channel reach and to spread the product knowledge. We have lined up a number of programs and training sessions to meet the same.”
Winmagic enlightened the crowd with the significance of data encryption in the enterprise as well as consumer level.
“In today’s world the main concern for any enterprise is its data protection from illegal and authenticated user and hackers. Winmagic provides the world’s most secure, manageable and easy-to-use data encryption solutions. Winmagic’s mission is protecting your data in a mobile world through innovation and strong ethics,” said Nameet Dokare, Country Manager, Winmagic.
Mr. Nadir Khatib – Technical Consultant (Winmagic) presented the features of using Winmagic Platform solution’s with a technical demonostration – an excellent opportunity to get the latest version of Winmagic experience atfirst hand!
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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.
