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JWT premieres its final Portfolio Night video

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MUMBAI : With just a few days left for the much anticipated Portfolio Night 11, JWT India premiered their third and final Portfolio Night video. JWT India is hosting Portfolio Night 11 in Mumbai at its office on May 22, 2013.

The last of the three part series, the latest ‘Eye-Opener’ film busts the myth of proficiency in English language being one of the prerequisites to becoming a creative. The film opens to a young creative cramming the right pronunciation to some of the English words and believing that the key to becoming a good creative is to master the English language. This however holds true only till he arrives at JWT-Portfolio Night 11, where he meets Prasoon Joshi, President South Asia, McCann Worldgroup, who speaks to him in chaste Hindi!!! The subtle sense of humor that is a characteristic of all the JWT-Portfolio Night films, make this is a must watch. The latest film can be viewed on JWT’s official Portfolio Night page, http://www.facebook.com/portfolionightmumbai11

Advertising students were asked to tweet @pnmumbai11 on their thoughts on advertising. The wackiest of tweets are being selected to create posters and films. The 360 degree crowd-sourced campaign includes social media, posters, videos, hoardings and radio spots on Radio Mirchi all of which can be viewed on http://www.facebook.com/portfolionightmumbai11

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Portfolio Night 11 promises an evening with the country’s top creative directors* who, while interacting with young creatives, will also choose the ‘All Star’ of the evening. The Portfolio Night All-Star event is where the most talented young creative from each Portfolio Night event is selected and flown to New York to compete at Portfolio Night All-Stars competition in New York City in August 2013.

Participants can register on their respective city’s page on the Portfolio Night website http://portfolionight.com/11/ and click on the “Buy Tickets” button for a registration. This will take them to that city’s online ticket purchasing system. An e-ticket will be issued to the participant as a permit to enter the event in Mumbai on May 22, 2013.

Scheduled to take place simultaneously in over 20 cities on this date across the world, including Athens, Austin, Beijing, Boston, Costa Rica, Johannesburg, Los Angeles, Montreal, New York, Paris, Sao Paulo, Stockholm, Tokyo and Toronto amongst others, Portfolio Night is an annual property of ‘IHAVEANIDEA’, the creative founders and the world’s first and largest community of the international advertising industry.

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*Log on to http://portfolionight.com/11/mumbai to see the full list of creative director participating in JWT-Portfolio Night 11

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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.

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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.

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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.

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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.

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