News Broadcasting
Pirated software worth $2.1 mn seized in 2006 raids
BANGALORE: The total value of software seized in 2006 in the more than 200 anti-piracy raids carried out across the country is $2.1 million.
The raids were conducted by the Business Software Alliance (BSA) and its member companies collectively and individually. BSA has vowed to step up enforcement actions in 2007 to further bring down piracy rates.
Jeffrey J Hardee, BSA vice president and regional director, Asia-Pacific, said, “In over 200 actions that have been conducted by BSA and its member companies in 2006, we had found widespread use and sale of pirated software across Indian cities. With the high software piracy rate in India, it is important to highlight efforts of the industry in combating piracy through enforcement.”
The BSA and its members have carried out raids in cities such as Delhi, Mumbai, Chennai, Kolkata, Ahmedabad, Bangalore and Hyderabad in 2006.
As per the findings of the BSA-IDC study of 2005, the rate of PC software piracy in 2005 was 72 per cent. According to the statistics, the Indian software industry lost revenue to the tune of of $566 million in 2005.
Hardee added, “BSA adopts a three pronged strategy i.e. spreading the awareness on the perils of piracy, training and education of users including use of specialized tools like software asset management (SAM) and enforcement, in addressing software piracy around the globe. Whilst enforcement is a last resort, it is an important part of our approach as it serves to underline the seriousness of the matter.”
Pirated software that has been seized includes those from Adobe, Autodesk, McAfee, Microsoft and Symantec.
The BSA maintains a close working relationship with the government and industry associations in India such as Nasscom. According to an economic impact study conducted by IDC, if the piracy rate is reduced by 10 points by 2009, India could benefit with an additional 115,000 new IT jobs; an additional $ 5.9 billion pumped into its economy and increased tax revenues of $ 386 million.
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.
