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Micromax presents the Vh1 Ticket To Ride Contest to the 56th Annual GRAMMY Awards

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MUMBAI: With the onset of the New Year, it is time to gear up for the biggest musical festival. Hollywood is all set to welcome the 56th Annual GRAMMY Awards. The glitz, the glamour, the shutterbugs are sure to explode through your television screen but WAIT! Vh1 gives all their fans a chance to witness the legendary night – LIVE, a chance to watch their favorite artist give some splendid performances! The awards will also be aired LIVE exclusively on Vh1, 27 January, 2014 LIVE at 6:30am with a prime time repeat at 9pm.

Vh1 has always believed in giving its fans a chance to witness the biggest music awards night LIVE! So here is your exclusive chance to win a trip to the 56th Grammy Awards through the Micromax presents Vh1 Ticket to Ride Contest and rub shoulders with the biggest music stars of the world! The contest begins from December 17, 2013 until January 7, 2014. Now, all that the fans need to do is, log on to this link www.vh1.in/grammys, answer a few simple questions and win a chance along with a friend to experience 56thAnnual GRAMMY Awards.

To make the experience larger than life, the channel has roped in renowned fashion designer duo Shivan and Narresh to style the winner for the awards night in LA.

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Ferzad Palia, Sr. Vice President and General Manager – English Entertainment, Viacom18 Pvt Ltd said, “Ticket To Ride Contest is a platform where fans get a chance to witness the biggest music awards of the world. This year, to make it extra special for the winner we are giving them a chance to wear an ensemble designed by one of the leading fashion designers of the country. Like it’s rightly said ‘Watching them isn’t the same as watching with them’”

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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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