News Broadcasting
CNBC-TV18 all set to host Banking Transformation Summit unlocking India’s economic potential
Mumbai: CNBC-TV18, India’s leading English business news channel, is all set to host the ‘Banking Transformation Summit’ in partnership with Nucleus Software. This event aims to display India’s impressive capabilities and is focused on the theme of ‘Charting the Course for India’s Economy to Reach Five Trillion Dollars and Beyond’. This theme harmonizes seamlessly with the government’s goal of attaining this milestone by the fiscal year 2027. The event will take place at Taj Land Ends, Mumbai on Wednesday 23 August 2023 at 3:55 pm.
The evening will be graced with the presence of industry leaders, policymakers, and financial experts like Uday Kotak, MD & CEO, Kotak Mahindra Bank; with KV Kamath, Chairman, National Bank for Financing Infrastructure and Development (NaBFID), CS Setty, MD, State Bank of India; Shyam Srinivasan, MD & CEO, Federal Bank; Prashant Kumar, MD & CEO, Yes Bank; Ashu Khullar, CEO, Citi Bank India; Vishnu R Dusad, Founder & MD, Nucleus Software; Rajiv Sabharwal, MD & CEO, Tata Capital; Jairam Sridharan, MD, Piramal Capital and Housing Finance; Ramesh Iyer, Vice Chairman & MD, Mahindra Finance; MN Srinivasu, Co-founder, BillDesk; Rishi Gupta, MD & CEO, Fino Payments Bank amongst others who will provide critical insights into the industry’s regulatory landscape and macroeconomic trends.
The summit will have insightful conversations and panel discussions on topics like Banking on Indian Economy – A Fireside Chat, $5 Trillion Economy & Beyond: Ambition to Reality, Fintech & Banking- Collaboration and Lending for the New Economy, Equipping A New India and many more which promises profound insights into technology’s pivotal role in shaping India’s banking landscape.
CNBC-TV18 managing editor Shereen Bhan said, “We are thrilled to introduce CNBC-TV18’s Banking Transformation Summit – a dynamic platform that delves deep into the intricate interplay between India’s burgeoning economic growth and the significant contribution by its banking sector, aided by the adoption of progressive digital technology. Centered around the theme of ‘Navigating India’s Economic Voyage towards a Five Trillion Dollar Realm and Beyond,’ the summit will bring together eminent industry stalwarts, policymakers, and adept fin-tech disruptors, to analyse the changing landscape of India’s financial sector.
We look forward to insightful conversations to gain a first-hand view of where India’s financial sector is headed and the priorities that will drive its growth, profitability, and impact.”
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.
