News Broadcasting
Gearhouse Broadcast ties up with Tennis Properties to boost Tennis Masters Cup
MUMBAI: Equipment rental and project solutions company, Gearhouse Broadcast, recently won another contract for the ATP Masters Series and Tennis Masters Cup.
The event kicked of a few days back in China and is airing in India on Star Sports.
Gearhouse Broadcast is providing the technical facilities for the tournament, which concludes on, 20 November 2005. Gearhouse Broadcast and their client ,Tennis Properties Limited (TPL) are working with a local Chinese production and technical team to ensure the successful live broadcast of the event to television viewers around the world. CCTV will be providing an outside broadcast truck, which will be re-configured to suit TPLs production specification.
Gearhouse Broadcast is supplementing this OB van with additional equipment to enable the same level of coverage as provided at the other nine ATP Masters Series venues.TPL production head ,Steve Plasto, said, We appointed Gearhouse Broadcast to provide the supplementary equipment for the Tennis Masters Cup because we have confidence in their ability to create the same broadcast environment anywhere in the world.
In addition to the add on facilities for the OB van, Gearhouse Broadcast will be providing other production control rooms, dedicated to World Feed, US network, ESPN and Japanese broadcaster, Gaora.
Gearhouse Broadcast UK MD, Eamonn Dowdall, says, We were pleased to have been chosen to provide the equipment for this event, it is a testimony to our capabilities that we have demonstrated throughout the year on the other ATP Masters Series events.
Gearhouse Broadcast specialises in equipment rental, sales and applying technology to meet global broadcast solutions. The company has its headquarters in London and offices also in Los Angeles and in Sydney.The company was present at the Sydney Olympic Games, the 2002 Football World Cup in South Korea and Japan, the World Athletics Championship in Paris, the Rugby World Cup in Australia, Euro 2004 and last year’s Athens Olympics.
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.
