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Flash Media and Shoppers Stop associate for digital media

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MUMBAI: Flash Media Limited has associated with the premium retail giant Shoppers Stop for installing and managing Imedia (Dynamic Digital Signage) in all its stores across the country.

Flash Media’s IMedia is a network of digital signage components like LCD/Plasma panels playing audio visual commercials. According to the agreement, Flash Media has installed over 350 wireless LCD/Plasma screens in the 19 stores of Shoppers stop across the country with an average of 20 screens in each store. The screens have been installed behind cash counters and major focal points in the store to ensure maximum consumer attention, informs an official release.

Commenting on the tie-up with Shoppers Stop, Flash Media Ltd co-founder & director Abhishek Kandoi said, “We are extremely pleased to be associated with Shoppers Stop, one of the most leading and trusted name in the retail space. We completed our installations during end of august and the In Stores TV at Shoppers Stop has been up and running from then, we already have some premium brands associated with us. Speaking about the large scale acceptance of this medium, he said “Dynamic Digital Signage has proved its mettle across the globe as the frequency building channel and mesmerizing audience through its ground breaking advancements. Media Experts predict that this global trend would pick up in India.”

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Shopper’s Stop Limited customer care executive & CEO Govind Shrikhande said,” Shoppers’ Stop houses more than 200 international and national brand, IMEDIA, thus is an excellent medium to communicate with the customer the ongoing promotions on brands and services available at the store. It is all about space value enhancement and connecting with the customer with regard to his choice of brand. It is a modern medium of advertising and brand promotion.”

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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.

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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.

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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.

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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.

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