News Broadcasting
Cinemax to premiere ‘Rang De Basanti’ on 25 January
Cinemax, the pioneers of cinema exhibitors in India, will screen the national premiere of “Rang De Basanti” on 25 January. The premiere is lined-up at the Infinity Mall in Andheri west, Mumbai.
Cinemax is also set to launch a new multiplex in Growel Mall at Kandivali on 26 January. In Mumbai, this is Cinemax’s tenth multiplex with a total of 24 screens. Filmmaker Yash Chopra will inaugurate the multiplex. It set up its first multiplex in Goregaon in December 1997.
The Cinemax multiplex to be launched at Growel will have a seating capacity of 1318 seats. This multiplex has all the upmarket amenities and state-of -the art interiors. It has four screens. Out of these the Gold Screen offers recliner seats and plush sofa seats. Apart from the seating, the acoustic systems will enhance the experience of movie watching. With the shopping mall and regular events to be held at the premise, this destination will always be buzzing with activities.
Cinemax Multiplex so far has seen some high flying premiers including the red carpet for Jacki Chan, Shaadi No.1, Salaam Namaste, Hanuman, Kyon Ki and others.
Commenting on this, said the Director of Cinemax, Ms. Hiral Kanakia, “Looking at the growth of the film and the entertainment industry, we are looking at giving people maximum entertainment with the best possible luxuries. Hence we are very excited with our Cinemax launch at Growel, which is one of the happening malls in Kandivali”.
An established and trustworthy name in construction and education, Cinemax has forayed into entertainment industry with its revolutionary initiatives. The group has emerged in India with 33 screens across 10 locations. Cinemax has plans to expand its reach to Thane and Kandivali in the coming months and then move to Nagpur and Lucknow.
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.
