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Belgium based Barco acquires German company Tan assets
BELGIUM: Barco, the image processing company, today signed a contract with TAN Projektionstechnologie GmbH & Co.KG and TAN AG, based in Dsseldorf, Germany and Marin, Switzerland.
The contract will enable BARCO to incorporate the existing customer base of TAN ( a pioneer in the virtual and augmented reality segment), its current orders and projects, besides technological and market know how and an experienced team of system engineers, system integrators, sales and support people. With the domain of virtual and augmented reality showing a lot of potential, Barco hopes to reinforce its commitment and contribution to the Virtual & Augmented Reality market.
The increase in the system engineer team, the system integrators and sales and support teams will create new synergies at BARCO, says a company release, enabling Barco to expand and improve its services and support to both Tan and Barco customers. The contract with Tan will enlarge the share of Barco in the German market, the release says.
Kortrijk, Belgium headquartered Barco’s three key activities are active in image processing, with BarcoProjection active in various markets of large screen visualization, BarcoView developing and manufacturing display systems for life critical applications, while BarcoVision develops systems for visual inspection and quality control.
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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.
