News Broadcasting
Sify promotes Sivaramakrishnan to president, portals
MUMBAI: Sify Limited has promoted V Sivaramakrishnan as the president of its portal business. Prior to this, he was vice president of iWay cyber café chain business.
A management graduate from the Indian Institute of Foreign Trade (IIFT), Sivaramakrishnan has worked in companies like Procter & Gamble and Ford, both in India and abroad. During his tenure with them, he led brand, sales and customer service teams, marketing and sales initiatives for brands such as Vicks, Pampers, Old Spice, Ford Fiesta, Ford Ikon and Ford Endeavour.
Sify Limited CEO and managing director Raju Vegesna said, “I am very pleased to announce Siva’s promotion as President, Sify Portals. In his earlier role as vice president of the iWay cyber café chain business, Siva brought a deep insight and understanding of consumers, and executed initiatives to grow business revenues through innovative services, products and promotions in synergy with our portal strategies.
“While we will see the result of these efforts going forwards, I believe that he will bring a fresh perspective to how we grow our portals and online advertising business both in India and overseas. With his rich experience in building brands, understanding of media, marketing and consumer behavior, I am confident he will play a key role in further strengthening and growing our portal business in tandem with our access strategies.”
Sivaramakrishnan said, “I am really excited about this opportunity as it will enable me to bring to bear all of my previous experience with consumers, brands, marketing, media and the Internet in building our portals business. The Net is the most exciting medium of our times, and it will be our intention to maximize the opportunities presented by this versatile medium for compelling and relevant online content for Indians, to add to the quality of their lives. This includes extending the leadership we have in broadband content with www.sifymax.in, our popular portal www.sify.com, our city-centric broadband portal strategies, and www.samachar.com, the most popular site for non-resident Indians.”
“I will also be involved in growing the online advertising business with marketers as they begin to understand the flexibility, focus and power that online advertising gives them for cost effective brand promotions, and overseeing Sify’s consumer brand marketing for both the portals and access businesses for greater synergies. I believe this will be the most exciting and challenging phase of my career, and I look forward to making a difference to Sify’s pioneering efforts for exciting India-centric online content in synergy with our access businesses,” he added.
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.
