News Broadcasting
AXN to roll out The Amazing Race Asia online race
MUMBAI: AXN is rolling out The Amazing Race Asia Online Race, an interactive online competition that gives viewers a chance to taste the action of the race. Contestants will have to decipher clues and execute challenges in the race to the grand prize, just like teams in The Amazing Race Asia.
The Amazing Race Asia Online Race is launched to further connect with viewers of The Amazing Race Asia, slated for broadcast on 9 November 2006. The online race is a manifestation of AXN’s commitment to deliver a 3600 entertainment experience for its viewers.
Contestants will have to search for clues and weave their way through a web of challenges, including tasks like assuming the role of an Amazing Race cameraman chasing contestants through the cities, a memory game and more.
The Amazing Race Asia Online Race is played in teams of two and the goal is to race from checkpoint to checkpoint online. Each team will have to complete a special task in order to get the clues to the next checkpoint. A tutorial of the race can be found at http://amazing-race-asia.axn asia.com/promotions/ online-race/index.html.
Registration for The Amazing Race Asia Online Race is open and registration would close on 5 November 2006. The race will run in two legs. The first leg will be held from 6 November 7 pm to 9 November 7 pm. Participants have to navigate and complete all the checkpoints in the specified sequence within this period to qualify for the next leg of the race.
The second leg will be held on 11 November, where all eligible participants have to log in from 12 pm onwards in the final race to the finishing line where the grand prize of USD$2,000 awaits the winner. Results will be announced on 13 November 2006.
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.
