News Broadcasting
Ten Sports to telecast IAAF Golden League 2006 live on 25 August
MUMBAI: Ten Sports will showcase the IAAF Golden League 2006 live on Friday 25 August at 11:30 pm. The event is slated to take place at the 30th Memorial Van Damme in the Stade Roi Baudouin, Brussels, Belgium.
Following on from last Friday’s meeting in Zürich, the number of athletes in the hunt for the $1 million Jackpot has been reduced to four athletes who have a chance of six victories with two more still in line for a share of $500,000 jackpot for five victories, informs an official release.
Asafa Powell (100m), Jeremy Wariner (400m), Sanya Richards (400m) and Tirunesh Dibaba (5000m) all have four victories while Kenenisa Bekele (5000m) and Irving Saladino (Long Jump) both have three, going into Fridays meeting.
All eyes will again be on Powell who last weekend matched his 100m world record of 9.77secs and who is confident he can go faster by the end of the season. Powell said, “I’m just feeling very good. I knew it was something special, I just didn’t know how fast it was.”
In the men’s 400m Wariner looks to be as dominant as Powell in the 100m. The Texan has been winning his races this season by over a second and this is against top quality fields.
Wariner’s training partner Sanya Richards also has the perfect four victories to date in the women’s equivalent but knows that this year’s revelation, 22-year-old Bulgarian Vanya Stambolova, the recently-crowned European champion, will be looking to spoil the party, adds the release.
The final member of the quartet with four victories is Tirunesh Dibaba. The Ethiopian put in a dominant performance in Zurich last week but has compatriot Meseret Defar to contend with in Brussels and Defar recently beat on way to claiming the African title.
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.
