News Broadcasting
TM looks for distributors in India, elsewhere
MUMBAI:India is one of the countries where TM Systems, an Emmy award winner this year, is looking for international distributors/ sales/ service representatives to add to its key worldwide production markets during the current year.
Global sales of the TM Systems software technology for language translation, dubbing and subtitling will be coordinated from the company’s new Los Angeles offices. The company, says TM SYSTEMS VP Worldwide Sales, David L. Gibbar, is looking for seasoned distributors of other professional audio and recording products with an established and developed client base. Key markets targeted include Japan, China, Korea, India, The Middle East, Eastern Europe, Western Europe, South Africa and Canada.
TM SYSTEMS is a 2002 Emmy Award winner for the creation and implementation of the industry’s first fully-integrated, non-linear language localization system, offering programmers throughout the globe a first-ever consistent, efficient, integrated, less costly and more timely manner in which to complete all language translation, dubbing and subtitling for feature films, television programming and DVD releases.
TM SYSTEMS, claims the company, has now become the de facto industry standard, and has revolutionized the entire language localization business. The company has pioneered efforts in eliminating the use of VCRs and videotapes from the translation, dubbing and subtitling process. All elements of language translation, dubbing and subtitling are less costly, take less time to complete, are more efficient, have greater consistency, and are rid of piracy, thanks to TM products, claims the company.
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.
