News Broadcasting
Landmark rolls out national expansion plans
Mumbai, April 13, 2006: Landmark, the largest book and music retailer in India today announced the launch of its first store in Mumbai, which will kickstart the company’s national roll out plan. The Mumbai store, which marks its foray into the western region, is located at Infiniti Mall, Andheri. With this launch, Landmark will now be present in Chennai, Bangalore, Kolkata and Mumbai.
Spread across 18,500 sq. ft, the new Landmark store in Mumbai will offer a wide range of books, music, movies, stationery, gifts, toys and accessories amongst others. The undisputed leader in the book and music category, Landmark boasts of an exhaustive range of over 1,00,000 titles in books and music alone. With superior customer service and value pricing coupled with an inviting and comfortable environment, Landmark is all set to become the preferred destination for book and music lovers in Mumbai.
Announcing Landmark’s foray into Mumbai, Ms. Hemu Ramaiah, CEO, Landmark said, “Landmark aims to be a point of cultural and social interaction, where authors, poets and musicians will hold court. For us, Landmark goes beyond business…the product mix ensures a platform for intellectual entertainment.”
Adds Mr. Himanshu Chakrawarti, COO Landmark,”We are delighted to kick off our national expansion with the first store in Mumbai. Andheri is a very vibrant market and we expect the Landmark experience to make an impact with the evolved customers in this part of the city. Whether it is the depth of our collection or the nature of initiatives that we bring to our customers, Landmark will soon create a brand new experience in book and music retailing across the country.”
Landmark today has the distinction of pioneering a number of innovations and has always been the first to adopt technology, thereby enhancing customer experience at the store and also provide substantial efficiencies at the back end.
Landmark enjoys the distinction of being the first:
Large format book retailer in India
Integrated Online Retail Store chain in India.
Retailer to introduce the concept of E-tailing
Retailer in Asia to be Accredited ISO 9002 and was also awarded British European and International Standard certification BSEN ISO 9002-recognition of Service & Quality
Launched in Chennai in 1987 Landmark has over the past 19 years nurtured and built its stores on the foundation of providing customers the widest choice and a great overall experience in its stores. In August 2005, Trent Limited acquired a 76% strategic interest in Landmark and its subsidiary firms for a consideration of Rs.103.6 crores.
For further Information, please contact:
Shiraz Bhavnani / Poonam Nikam
Vaishnavi Corporate Communications
Tel: 022-5656 8787 / 5656 8715
Fax: 5656 8788
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.
