News Broadcasting
CNN-News18 Indian of the Year 2024 to honour India’s icons on 17 January
MUMBAI: The wait is almost over!
CNN-News18 Indian of the Year (IOTY) 2024, the 14th edition of India’s most prestigious television awards, will unveil its winners on 17 January 2025, in a grand ceremony in New Delhi. With a legacy of honouring exceptional achievements, IOTY has become the ultimate stage for recognising those who’ve inspired, amazed, and made India proud.
From Shah Rukh Khan to Neeraj Chopra and Virat Kohli, past winners have embodied excellence. Who will join this elite club in 2024?
The awards span seven major categories—entertainment, sports, rising sports star, youth icon, business, climate warrior, and social change. These categories celebrate everything from cinematic brilliance to environmental activism.
Here’s the twist: 50 per cent of the decision lies with you, the audience, while an illustrious jury panel decides the rest. The jury includes heavyweights like Sanjiv Goenka, Harish Salve, Ramesh Sippy, and more. What’s your pick for the winners?
The spotlight will shine on some of the biggest names:
● Sports: Olympic stars like Manu Bhaker and cricketers like Jasprit Bumrah.
● Entertainment: Powerhouses like Shraddha Kapoor, Vijay Sethupathi, and Pankaj Tripathi.
● Youth Icons: Vicky Kaushal and rising entrepreneur Nikhil Kamath.
● Business Leaders: Visionaries like Deepinder Goyal (Zomato CEO) and Bhavish Aggarwal (Ola CEO).
But it’s not just the glitz and glamour. Climate warriors like Vinisha Umashankar and changemakers like Palak Muchhal in Social Change are also vying for honours.
What makes IOTY stand out?
Network18 CEO – english & business news, Smriti Mehra nailed it when she said, “The immense popularity of Indian of the Year lies in its legacy of recognising and celebrating excellence over the past thirteen editions. From icons such as Shah Rukh Khan and Neeraj Chopra to visionary leaders such as Narendra Modi and Manmohan Singh, our past winners have truly embodied the spirit of the Indian of the Year title. This platform has become a hallmark of achievement, inspiring audiences and delivering unparalleled value to the brands that associate with it.”
Meanwhile, CNN-News18 managing editor Zakka Jacob added, “The awards evening will be a gathering of the greatest of Indians who have made the country proud over the past year. As we step into the new year, it’s important to look back at the achievements of the past year that hold significance for us as a nation. We are excited to celebrate the remarkable contributions of those who rose above challenges and inspired next generations.”
The event, hosted by CNN-News18, promises a glittering display of India’s best and brightest. Catch the action at 6 pm on 17 January on CNN-News18 or via live stream on www.indianoftheyear.com.
Who will walk away with the title? Will it be a star athlete, an inspiring climate activist, or a business mogul? Join the conversation and don’t miss the magic of India’s achievers being celebrated.
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.
