News Broadcasting
The iconic Vespa adds to the cheer this festive season.
MUMBAI: Piaggio Vehicles Pvt. Ltd. – the wholly owned Indian subsidiary of the Italian Piaggio Group today announced the launch of a unique festive value package for the iconic lifestyle brand – Vespa. Striking a strong connect with its consumers, this aims to make owning and riding a Vespa a great experience.
The unique value package offered comprises:
A 5 year or 60,000 KM warranty package
2 year free preventive maintenance
Finance with interest rate as low as 1%
Vespa, having established itself as a lifestyle brand that is sought after by the aspirational consumers, has created this unique package for the festive season to further enhance value to the consumer. The low interest finance makes it easier for aspiring consumers to own a Vespa and make a unique statement. Further the 5 year warranty and 2 year free preventive maintenance ensures worry free riding and ownership experience.
The Vespa, apart from being a statement of style, is also loaded with features. It is powered by an advanced 125cc, 3Valve engine that delivers best in class fuel efficiency. Available in six exciting colours, the Vespa is built on a single piece monocoque steel body and has a suspension system that was inspired by that of an aircraft.
Speaking on this initiative, Mr.Ravi Chopra, chairman and managing director, Piaggio Vehicles India Pvt. Ltd. says “We have created a premium space in the Indian two wheeler market with the Vespa. This season, we look forward to add to the festive cheer with our promising offer that makes it easier to own and ride a Vespa”
World over Vespa is a lifestyle brand that has won the hearts of over 17 million riders. The Vespa retains its positioning as a timeless and ageless lifestyle classic that leverages its rich heritage and unique values to appeal to the finer emotions of the consumer. Piaggio now takes the Vespa experience one step ahead to deeply resonate with the fashion forward Indians who have a thirst for a luxurious lifestyle.
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.
