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IBN18: Losses rise; operational efficiency improves

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MUMBAI: Things appear to be looking up at an operational level for IBN18 if one considers the company’s financial results for the year ended 31 March 2010. There has been a healthy jump in revenues and a slight fall in costs on a standalone basis. This, after last fsical’s operational losses, is a positive sign. However, from the shareholders viewpoint further improvements will have to be done by the management since IBN18’s overall net loss has widened to Rs 821 million in the year, as compared to Rs 682.21 million in FY09.

The standalone results include the performance of the two news channels CNN IBN and IBN7.

The company has posted a 15.9 per cent jump in the revenue for the fiscal at Rs 2.1 billion, as compared to last fiscal’s Rs 1.81 billion. Also its expenses have dipped marginally to Rs 2.37 billion from Rs 2.41 billion in FY09.

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IBN18’s other income rose considerably this fiscal at Rs 536.51 million, as compared to Rs 39.86 million. Interest charges have also shot up and at Rs 433.92 million these are 126.6 per cent higher than FY09 where they were Rs 191.5 million. For FY10, the company posted an operating profit (Ebitda) of Rs 415.89 million as against an Ebitda loss of Rs 391.32 million.

On a consolidated basis, IBN18’s revenue rose considerably from Rs 1.83 billion in FY09 to Rs 6.03 billion FY10, mainly because of accrual of its JV partner Viacom18’s revenue to its balance sheet. However, it also added to the expenses of the firm at Rs 6.55 billion, as against Rs 2.57 billion in FY09. The net loss the firm made on a consolidated basis is Rs 1.1 billion in FY10, up from last fiscal’s 920 million. However, after adding the other income of Rs 548 million in the fiscal, the company has turned Ebitda positive at Rs 239.61 million, as against an operating loss of Rs 512.31 million in previous fiscal.

On a consolidated basis, IBN18 has included the financial results of its 50 per cent joint venture stakes in Viacom 18 and IBN Lokmat. Viacom18 which has had a net loss of Rs 429.9 million contributed Rs 168.8 million to IBN 18’s consolidated net loss in FY10. IBN Lokmat on the other hand sustained a net loss of Rs 210.9 million and contributed a further Rs 105.4 million to the firm’s consolidated net loss.

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One of the reasons the company’s net loss in FY10 has gone up even though its operational workings have improved, is due to a provision made for an expected diminution in value of investments, to the tune of Rs 658.94 million on a standalone basis and Rs 658.1 million on a consolidated basis.

IBN18’s share price closed at Rs 83 on the Bombay Stock Exchange on Friday.

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News Broadcasting

TOISA 2026 shortlists unveiled ahead of Lucknow ceremony

Eighth edition on March 21 honours standout performers from 2025.

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MUMBAI: TOISA 2026 just dropped a shortlist so stacked, even the trophy is wondering if it needs a bigger shelf. The Times of India Sports Awards (TOISA) has revealed its 2026 shortlists, setting the stage for the eighth edition on 21 March at The Centrum Hotel in Lucknow. Celebrating achievements from 1 January to 31 December 2025 across more than 45 sports categories, this year’s nominees capture a golden 12 months of Indian sport from ODI and T20 World Cup triumphs to double golds at the Asian Athletics Championships and podium finishes at the World Para Athletics Championships.

For the first time, TOISA opens its doors to the public. Passes are available at timesofindia.indiatimes.com/toisa2025.

Standout shortlists include:

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  • Badminton (Male): Lakshya Sen, Ayush Shetty, Kiran George, Chirag Shetty, Satwiksairaj Rankireddy
  • Badminton (Female): Tanvi Sharma, Unnati Hooda, Tressa Jolly, Gayatri Gopichand
  • Cricket (Male): Shubman Gill, Abhishek Sharma, Ravindra Jadeja, Varun Chakaravarthy, KL Rahul, Kuldeep Yadav
  • Cricket (Female): Smriti Mandhana, Pratika Rawal, Jemimah Rodrigues, Deepti Sharma, Shafali Verma
  • Athletics (Male): Neeraj Chopra, Animesh Kujur, Gulveer Singh, Sachin Yadav
  • Athletics (Female): Parul Chaudhary, Rupal Chaudhary, Jyothi Yarraji, Pooja Singh
  • Shooting (Female): Suruchi Inder Singh, Simranpreet Kaur, Esha Singh, Elavenil Valarivan, Sift Kaur Samra, Manu Bhaker
  • Emerging Sportsperson: Tanvi Sharma (badminton), Divya Deshmukh (chess), Shree Charani (cricket), Vaibhav Suryavanshi (cricket)
  • Team of the Year: India Women’s Cricket Team, India Men’s Cricket Team, India Men’s Hockey Team, India Men’s & Women’s Kabaddi Teams, India National Shooting Team, India Women’s Cricket Team for the Blind, India Squash Team, India Women’s Ice Hockey Team
CategoryShortlist 1Shortlist 2Shortlist 3Shortlist 4Shortlist 5Shortlist 6Column 1Column 2
Badminton maleLakshya SenAyush ShettyKiran GeorgeChirag ShettySatwiksairaj Rankireddy
Badminton femaleTanvi SharmaUnnati HoodaTressa JollyGayatri Gopichand
Cricket maleShubman GillAbhishek SharmaRavindra JadejaVarun ChakaravarthyKL RahulKuldeep Yadav
Cricket femaleSmriti MandhanaPratika RawalJemimah RodriguesDeepti SharmaShafali Verma
Athletics (Track and field) maleNeeraj ChopraAnimesh KujurGulveer SinghSachin Yadav
Athletics (Track and field) femaleParul ChaudharyRupal ChaudharyJyothi YarrajiPooja Singh
Sportsperson of the year (combined of all sports)Divya DeshmukhSuruchi Inder SinghSmriti MandhanaSamrat Rana
EquestrianAshish LimayeShruti VoraDivyakriti Singh
Hockey maleAbhishek NainHarmanpreet SinghJugraj SinghAmit Rohidas
Hockey femaleUdita DuhanNavneet KaurMumtaz KhanRutuja Pisal
Shooting maleSamrat RanaRavinder SinghAishwary Pratap Singh TomarAnishVarun TomarRudrankksh Patil
Shooting femaleSuruchi Inder SinghSimranpreet KaurEsha SinghElavenil ValarivanSift Kaur SamraManu Bhaker
Emerging sportsperson (combined)Tanvi Sharma (badminton)Divya Deshmukh (chess)Shree Charani (cricket)Vaibhav Suryavanshi (cricket)
Coach of the year (male, female combined)Amol Majumdar (Cricket)Suresh Singh (Shooting)Ashok Kumar Rana (Shooting)
Chess maleRameshbabu PraggnanandhaaAravindh ChithambaramPanneerselvam IniyanNihal SarinArjun Erigaisi
Chess femaleDivya DeshmukhKoneru HumpyVaishali RameshbabuNandhidhaa PV
Archery maleDhiraj BommadevaraAbhishek VermaAtanu DasPrathamesh FugeRishabh Yadav
Archery femaleAnkita BhakatJyothi SurekhaDeepika KumariPrithika Pradeep
Billiards/SnookerPankaj AdvaniAditya MehtaBrijesh Damani
Weightlifting maleRishikanta SinghMuthupandi RajaDilbag SinghLovepreet Singh
Weightlifting femaleMirabai ChanuMehak SharmaBindyarani Devi
Wrestling maleSunil KumarNiteshAman SehrawatSujeet Kalkal
Wrestling femaleAntim PanghalManishaNisha Dahiya
Squash maleAbhay SinghSaurav GhosalVelavan SenthilkumarMahesh Mangaonkar
Squash femaleAnahat SinghJoshna ChinappaDipika Pallikal KarthikTanvi Khanna
Table Tennis maleManav ThakkarSathiyan GnanasekaranHarmeet DesaiPayas Jain
Table Tennis femaleManika BatraSreeja AkulaDiya ChitaleAyhika Mukherjee
Team of the Year (combined from all sports)India Women’s Cricket TeamIndia Men’s Cricket TeamIndia Men’s Hockey TeamIndia Men’s & Women’s Kabaddi TeamsIndia National Shooting TeamIndia Women’s Cricket Team for the BlindIndia Squash TeamIndia Women’s Ice Hockey Team
Tennis MaleRohan BopannaYuki BhambriSumit Nagal
Tennis FemaleAnkita RainaVaishnavi AdkarSahaja Yamalapalli
Football maleSubhasish BoseSunil ChhetriVishal KaithBrison FernandesGurpreet Singh Sandhu
Football femaleSoumya GugulothGrace DangmeiElangbam Panthoi ChanuManisha KalyanPyari Xaxa
KabaddiSanju DeviPawan SehrawatRitu NegiArjun Deshwal
Boxing maleSachin SiwachHitesh GuliaPawan BartwalAnkush Panghal
Boxing femaleMinakshi HoodaJaismine LamboriaNikhat ZareenPooja Rani
SailingVishnu SaravananZahaan HemrajaniAbhimanyu PanwarGhashiayah A
Para Archery maleHarvinder SinghVivek ChikaraRakesh KumarShyam Sunder Swami
Para Archery femaleSheetal DeviPayal NagJyoti Baliyan
Para Athlete (Track & Field) maleSumit AntilShailesh KumarSandeep KumarNishad Kumar
Para Athlete (Track & Field) femaleSimran SharmaPreethi PalEkta BhyanDeepthi Jeevanji
Para Badminton malePramod BhagatSukant KadamKrishna Nagar
Para badminton femaleMandeep KaurManasi JoshiNithya Sre
Para chessVaibhav GautamSamarth J RaoVenkata Krishna Karthik K
Para judoKapil ParmarAvidha SharmaRahul RajoraKokila
Para shooting maleBhat Amir AhmadNihal SinghSandeep KumarRudransh Khandelwal
Para shooting femaleMona AgarwalAvani LekharaRubi Kumari
Para Sportsperson of the yearSheetal Devi (Para Archery)Praveen Kumar (Para Athletics – High Jump)Preethi Pal (Para Athletics – Sprint)Sumit Antil (Para Athletics – Javelin)
Para Coach of the yearDr. Satyapal Singh (Para Athletics)Subhash Rana (Para Shooting)Gaurav Khanna (Para Badminton)Sandhya Bharti (Para Taekwondo)

The jury comprises six of India’s most decorated athletes, Leander Paes, Mithali Raj, Abhinav Bindra, Devendra Jhajharia, Sharath Kamal and PR Sreejesh.

TOISA remains the one night on the Indian sporting calendar judged purely on merit, not popularity. This year’s edition in Lucknow, a state that has steadily become a powerhouse of grassroots talent reflects how excellence now runs deep across every region.

In a year when Indian sport refused to stay in one lane, TOISA isn’t just handing out trophies, it’s framing a portrait of a nation that’s finally sprinting, swinging and shooting its way onto the world stage, one unforgettable moment at a time.

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