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Asia’s ‘Top 20 IT-savvy’ firms listed
SINGAPORE: Intelligent Enterprise Asia conferred the 3rd Annual Intelligent20 Awards to the region’s top 20 enterprises that use infocom-related technologies to drive new levels of operational excellence, customer service and innovation. The panel of judges was chosen from 10 global consulting and research firms such as Accenture, Gartner and IDC.
The winners and finalists will be honoured at a presentation ceremony on 16 January, 2003, at the Grand Hyatt Hotel in Singapore. The vice-chairman of the SITF Wireless Chapter, Chong Yoke Sim, will be the chief guest at the event.
Intelligent Enterprise Asia conferred the 3rd Annual Intelligent20 Awards to Asiatravelmart, Bank of America (Asia), Bumrungrad Hospital, City Harvest Church, CWT Distribution, CWT Globelink, FarEastFlora.com, Great Eastern Life, HDFC Bank, Hongkong International Terminals, Maritime & Port Authority of Singapore, Ministry of Defence (MINDEF), Nanyang Technological University, Noble Group, Pioneer Electronics Technology Asia, Raffles International, Seagate, Singapore Telecommunications, The Hong Kong Polytechnic University and The Prudential Assurance.
The 3rd Annual Intelligent20 Awards received a total of 52 entries from countries including Singapore, Hong Kong, India, Indonesia, Malaysia, the Philippines and Thailand. Entries were assessed through application submissions and weightage given to customer satisfaction; product/service quality assurance; return on technology investment and innovation.
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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.
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.
