News Broadcasting
Century Communication launches 2nd post production studio Pixion II in Mumbai
MUMBAI: Century Communication Limited (CCL), an integrated media & entertainment company surges ahead with its launch of its second state-of–the-art post production studio, ‘Pixion II’ in Mumbai.
The Pixion brand of CCL has established itself as a clear market leader in the video space and is one of the dominant industry players in the film post production market.
The existing Pixion’s state-of-the-art post production facilities provide end to end digital post production solutions to film and video production houses. It provides complete solutions ranging from offline to online Processing, graphics and digital sound.
With the new launch, Pixion boasts of being the biggest post production facilitator in Mumbai market. It has added two more grading facilities, four more online smokes, one IQ, two EQ, 4-5 offline suites and more than forty visual effects & animation stations. Pixion studios introduces IQ in India making it the holder of the largest concentration of Quantel systems in India.
Quantel’s generationQ is a radical, all-encompassing, new concept that offers total scalability in both hardware and software across post production, graphics and broadcast for multiple resolutions, team-working production environments.
Commenting on the launch of Pixion II, CEO Pixion Naresh Malik said, “The post production industry is rapidly growing and the demand for post production, DI and visual effects is increasing at an enormous rate. With the second facility in Mumbai we ensure to meet this demand and also provide world class infrastructure and talent to Indian and international film makers.”
“With advance technology, state of art infrastructure and a commitment to create international benchmarks Pixion offers the best in both talent and technology “, said Director CCL Anand Tewari.
“We are very optimistic about the Pixion brand and plan to set up studios in other markets like Hyderabad and Chennai too”, he further added.
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.
