News Broadcasting
Hinduja TMT Q2 net profit at Rs 5081 million
MUMBAI: Hinduja TMT has posted a profit after tax of Rs 5081.989 million for the quarter ended 30 September, 2006 as compared to Rs 120.993 million for the quarter ended 30 September 2005.
The company has recorded a total income of Rs 7758 million for the quarter comparing with a year-before of Rs 459 million. Net sales stood at Rs 934.74 million, compared to Rs 410.31 million a year ago.
Expenditure came to Rs 919.06 million compared with Rs 348.18 million in the third quarter of 2005. Expenditure includes direct / operating cost and connectivity cost Rs 22.407 million, staff cost Rs 412.346 million, rent & compensation charges Rs 58.453 million, legal & professional charges Rs 317.983 million, discounts and commission Rs 4.180 million and others Rs 103.686 million.
Operating Profit registered at Rs 6839 million from Rs 111 million, a year earlier.
The figures related to the current quarter ended 30 September 2006 are strictly not comparable to the corresponding previous quarter, since the Manila Branch commenced operations w.e.f. 1 October, 2005.
According to the official statement, pursuant to the sale of the company’s effective stake in Hutchsion Essar Ltd., on 30 June, the company (alongwith wholly owned subsidiaries and one offshore group company) received the total consideration of USD 450 million.
Part consideration was received on 30 June and the balance consideration on 17 August. As on date, the overseas ITES / BPO arm of the company, Pacific Horizon Ltd, a wholly owned subsidiary has cash surpluses of over USD 130 mn in-organic growth initiatives.
The company has booked profits (net) on sale of long term investments on sale of Hutch stake and other overseas subsidiaries of Rs 2050 million in the first quarter and Rs 6800 million in the second quarter.
On 31 August the board approved a scheme of demerger of its IT-ITES/ BPO operations from the company with the appointed date as 1 October. The scheme has been filed with the High Court of Judicature at Bombay and shareholder approval is being sought, informs the release.
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.
