News Broadcasting
ADC India Communication to grow its presence in India
BAMGLORE: ADC India Communication Ltd [BSE: ADCT] whichoffers the full range of KRONE products and is a leader in broadband connectivity,announced today new management appointments. The leadership changesre-enforce the company’s commitment to India and helps strengthen its position as a leading provider of next gen network infrastructuresolutions for the telecom, broadcast &entertainment and enterprise markets. Mr. S. Devarajan has been appointed Chairman of the Board of Directors of the company and Mr. J. N. Mylaraiah has been appointed the Managing Director of the company.
An Indian IT industry veteran, Mr. S.Devarajanhas over 30 years’ experience in the technology industry. He was the Managing Director at Tata Elxsi, and also the Managing Director at Cisco India. He was instrumental in building Cisco India as the globalization center east. Devarajan made the historic turnaround of Tata Elxsi to a profitable venture in the mid-1990s.He also is the formerpresident of Manufacturers Association for Information Technology (MAIT) a former member of the IT hardware task force and IT vision task force set up by the Chief Minister of Karnataka.
Commenting on the appointment, Mr Devarajan, Chairman of the Board, ADC India Communications, said, “I am delighted to be part of this pioneering company. ADC has had a strong foothold in the broadcast & entertainment market in India and its Krone line of products has been synonymous with connectivity in the telecommunication space.We intend to grow the business by capitalizing on the strong brand name that it has in these verticals to grow our market share. ADC has a robust and technologically advanced product line in fiber and is committed to capture a significant part of that market.”
“With this strategic move, we aim to build a robust network foundation for our clients which can seamlessly transition between legacy and future access technologies cost effectively,” said Mylaraiah, the newly appointed Managing Director of the company. He further added,“we recognize the trust that ADC Krone has built amongst its stakeholders for the past 20 years and would like to reiterate the fact that we are the only source for genuine KRONE products in the industry. Krone products will remain a strong component of our overall product portfolio along with our innovative copper, fibre, FTTX and wireless solutions.”
The company will focus on expansion into newer territories in India as well SAARC countries: Bangladesh, Srilanka and Nepal. ADC India will also launch new products and services in the areas of DAS Passive components, FTTA, CTTA, PTTA, and standard compliant modules to cater to the growing demand for delivering, voice, data, video and wireless services.
In December 2010, ADC Telecommunications, Inc. (Nasdaq: ADCT) was acquired by TE Connectivity (NYSE: TEL), a world leader in connectivity.. In India, ADC India Communications is a separate legal entity with its stock trading in BSE and TE Connectivity India Pvt Ltd having majority shareholding.
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.
