News Broadcasting
Welcome to the world of ‘Eternity’ by Cinemax Cinemas Ltd
A place in Mumbai, which has one of the biggest gaming zones, a state-of-the art multiplex and more. If you have not been there already, you are definitely missing out on something BIG, for here comes ETERNITY from CINEMAX CINEMAS LTD – the largest ownership model multiplex in country. With 33 screens across 10 locations, CINEMAX is the third largest in the country.
Eternity Mall is developed by CINEMAX CINEMAS LTD. This mall-multiplex has a seating capacity of 1056 seats with a stylishly designed front foyer and enthralling lighting. This spacious Multiplex has all the up market amenities and state-of–the art interiors. It has four screens. The most amazing movie going experience is at the Gold screen in the Red Lounge. Patrons can sink into their cozy sofas that recline upto 150 degrees. They can also enjoy a personalized café service while enjoying their favourite movie in these feel-at-home lounges.
Hold on to your sides. As ‘GIGGLES’ is here, a first of its kind Gaming zone at CINEMAX, Eternity Mall. ‘GIGGLES’ is definitely going to keep you on your toes with Its Hi-end arcade and LAN based games, designed specially to engage every age group. So dads and moms get ready to have loads of fun with your family and friends.
Commenting on this, the Chairman of CINEMAX CINEMAS LTD, Mr. Rasesh Kanakia said, “We are very excited with the opening of CINEMAX, Eternity Mall. From screening the best of movies, to arcades games, to shopping, CINEMAX aims to redefine ‘entertainment’ “.
This Giant leap of CINEMAX has given Thanekars a reason to rock and set a benchmark that cinema theatres and malls in Mumbai and across India , look up to.
CINEMAX started its journey in December 1997 with CINEMAX, Goregaon (West), which paved the way for other Multiplexes to follow. CINEMAX has since, grown by opening multiplexes at Versova, Kandivali (east), Sion, Andheri (east), Kandivali (west), Thane (wonder mall), Mira road, Nashik & now at Thane (Teen haath naka)
CINEMAX Multiplex so far has seen some highflying Premiers including the red carpet for Jackie Chan, ethnic and true to its theme for Shaadi No.1, Hanuman, Kyon Ki, The Chronicles of Narnia, Rang De Basanti, the Oscar nominated film Walk the Line, Tom Dick and Harry, Poseidon, and many such celebrated films.
About CINEMAX:
CINEMAX is amongst the numerous successful ventures premeditated by the house of Kanakia’s. An established and trustworthy name in construction and education, this group has forayed into entertainment industry with its revolutionary initiatives. CINEMAX has emerged pioneers as cinema exhibitors in India with 33 screens across 10 locations. CINEMAX brand has put the magic back into going to the movies. CINEMAX has plans to expand its reach to across the nation.
www.cinemax.co.in
For Further Information please call:
Girish Wankhede
CINEMAX
Manager –Public Relations
Cell: 9324073372
Ankeet/Mihir
Hanmer & Partners
Cell: 9833438800 / 9867233773
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.
