News Broadcasting
ETNOW business conclave spotlights India’s road to a $5 trillion economy
MUMBAI- India’s economic ambitions took centre stage at the ETNOW.in Business Conclave & Awards 2025, where industry stalwarts and policymakers mapped out the nation’s journey toward a $5 trillion economy by 2030. Aligned with ET NOW’s ‘Rise with India’ ethos, the event served as a strategic forum for discussions on AI, digital policy, space technology, and national security key pillars of the Viksit Bharat vision.
Union minister Jitendra Singh highlighted India’s rapid strides in the space sector, revealing that the industry attracted Rs 1,000 crore in private investments within months of opening to commercial players. He projected a fivefold expansion of India’s space economy, reaching $44 billion in the next decade, citing missions like Gaganyaan as milestones of self-reliance.
Former union minister and tech investor Rajeev Chandrasekhar made a compelling case for revamping India’s outdated IT laws, stressing that the 25-year-old IT Act fails to account for the Internet and AI—two transformative forces driving the digital economy. “A modern, entrepreneur-first legal framework is needed, free from unnecessary bureaucratic hurdles,” he asserted.
Governor of Arunachal Pradesh, Lt. Gen. K.T. Parnaik (Retd.), underscored the role of strong border security and infrastructure in economic growth, detailing Arunachal Pradesh’s potential as a hydropower hub with a capacity of 58,000 MW.
The ETNOW.in Business Conclave & Awards 2025 honoured excellence across 82 categories, recognising industry leaders driving innovation and impact. Naveen Kukreja (Paisabazaar.com) and Ashish Kashyap (IND Money) were named ETNOW Industry Icons, while Central Park Flower Valley secured the Leading Township of the Year award.
ACT21 Software Pvt. Ltd. was celebrated for Excellence in Fintech with its HyPerform solution, and VAXIFLU-4 (Zydus) received the Service Excellence Award in Vaccines & Prevention. In the branding space, U.S. Polo was recognised for its Excellence in Marketing Campaign (2024-2025), while Exhale Label emerged as the Emerging Fashion Brand, reinforcing its growing influence in the fashion industry.
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.
