News Broadcasting
The Joy of Giving week wraps up on an incredible note
The Joy of Giving, an initiative started by Percept Art in association with ToyBank saw its last fund raising event yesterday. ToyBank which is a non-profit organization that has been set up with the aim of providing toys to children, organized the fund raiser through the synchronization of art, music and creativity.
27th September 2013 was the opening night of the joy of giving week with wine and cheese, where Shweta Chari, founder CEO of Toybank made a brief presentation to the audience. Next was the musical event where the attendees saw live performances by Luke Kenny, Vasudha Sharma, Ravi Iyer and others.
The final event of the joy of giving also saw the final round of the photography event. The entries were judged by Atul Kasbekar and Purab Kohli. Attendees at the event also saw live performances by Suchitra Pillai & friends, Luke Kenny and other well renowned artists. The event on the whole was a huge success and received incredible support from the people.
Atul Kasbekar in regards to the photography event said, “Picking a winner is not easy when we have so many amazing photographers in the house. It makes me really happy to see photography being taken so seriously not only as a hobby but also for a full fledged career option.”
Luke Kenny, who has been a major support for the joy of giving added, “Toybank is doing such a brilliant job for the under privileged children. It feels really good to be associated with an event like joy of giving. I have made my humble contribution and shall continue to do so in the future.”
Percept Art aims at raising around 10 lacs from all these events and a portion of funds raised from this event will be donated to Toybank, which intends to use these funds to open one dozen rural impact centers across rural Maharashtra by the end of this year.
Shweta Chari, founder CEO of Toybank was overwhelmed with the response. She said, “It is like mixed emotions rushing in. The team of Toybank and Percept have done an amazing job to put together this brilliant show. We shall continue to do whatever we can to make a contribution to the lives of these beautiful children and make their world a better place.”
Having reached out to over 65,000 kids so far, Toybank is working their way to impact the lives of 1,00,000 kids in their 10th year.
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.
