News Broadcasting
Srinivasan Swamy re-elected as IAA president
MUMBAI: R K Swamy BBDO chairman and managing director Srinivasan Swamy has been re-elected as president of India chapter of International Advertising Association (IAA). The announcement was made at the annual general meeting held on 25 September in Mumbai.
Apart from this, Hungama Digital Media Entertainment MD and CEO Neeraj Roy has been elected as vice president. Jaya Advertising chairman Jaideep Gandhi and HBO India MD Monica Tata have also been re-elected as treasurer and secretary respectively for the year 2013-14.
“IAA India was on an over-drive in 2012-13 under the leadership of Srinivasan Swamy” said IAA VP & area director Asia Pacific Pradeep Guha.
“I am happy I was at the helm at IAA when many new initiatives were planned and unfolded. I had a great team who executed much of these programmes with élan. As we move forward, our aim at IAA India is to be seen by IAA Global as the most vibrant of all IAA chapters worldwide. I am sure that recognition is not far,” said Swamy.
Swamy was co-opted onto the global IAA board in May this year as VP- development, Asia Pacific, as an acknowledgement of the initiatives that were undertaken in the first six months of his presidentship in India.
The other members of the new managing committee are: Pradeep Guha, Pheroza Bilimoria, Kaushik Roy, Sam Balsara, Raj Nayak, Ramesh Narayan, M G Parameswaran, M V Shreyams Kumar, Kunal Lalani, Avinash Pandey, Arunabh Dassharma, Neville Taraporewalla, Partho Das Gupta, Rajesh Kejriwal and Abhishek Karnani, Manish Advani, Janak Sarda, Vishakha Singh, C V L Srinivas and Atit Mehta.
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.
