News Broadcasting
Big Cinemas launch a multiplex in Kundli Haryana
MUMBAI: Pushing up the cadence of its expansion plans, Reliance MediaWorks is all set to launch a Big Cinemas, multiplex in Kundli Haryana. Conveniently located at Ansal Highway Plaza Mall one of the most happening and widely popular places in the city. Big Cinemas multiplex in Kundli is Reliance MediaWorks 96th multiplex in India, 3rd in Haryana and 32ndin Northern India. The multiplex will be inaugurated by Shri. Mr. Chandra Shekhar, IAS (Deputy Commissioner, Sonipat) and Mr. Pranav Ansal, Vice Chairman Ansal API.
The new Big Cinemas multiplex will enhance the cinema viewing experience in Kundli. This cinema is equipped with 2K projection system and is equipped with a 3D screen and fully digital sound. Spread across an area of approximately 28000 sqft the new Big Cinemas multiplex has 3 screens and a seating capacity of approximately 666 people. The opening of the multiplex coincides with the most eagerly awaited film of the year Dhoom 3 which will be screened at the theatre.
Speaking on the occasion Mr. Venkatesh Roddam, CEO Reliance MediaWorks said, “Big Cinemas have consistently delivered a differentiated entertainment experience that has not only delighted our guests but offered us a competitive edge that has strengthened our business. Throughout the network, of Big Cinemas the quality of film theaters and services is constantly being improved notably through the development of digital projection to offer both higher projection quality and a greater diversity of films. We look forward to introducing audiences to a movie-going experience unlike anything they’ve experienced before.”
Commenting on the launch, Mr. Ashish Saksena COO Big Cinemas said, “We are reinforcing our presence in North India with the expansion of our cinemas business and are extremely happy to extend the reach of our most vibrant brand, Big Cinemas to the residents of Kundli. We are confident that our new multiplex would receive a warm welcome from the discerning audience in the city because of the unparalleled movie experience and extremely enjoyable ambience that Big Cinemas offers.”
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.
