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Address of Choice awarded Outstanding Performer of the Year 2018
MUMBAI: AOC achieves yet another milestone in the Indian real estate sector. The company has been awarded the most prestigious and coveted 'Outstanding Performer in Residential Sales Portfolio' of the year 2018. The award has been bestowed during the recent Indian Realty Awards (IRA) – a Make in India Conclave and Glittering Award Ceremony which was organized by a leading real estate developing company. The event was organized to identify and appreciate the efforts and contribution of various real estate developers, investors, service providers, and property professionals who have created benchmarks through their projects in the real estate sector round the year.
The awards which were hosted at Pullman Pataya Hotel, Thailand, provide real estate professionals a one-stop access to the best residential and commercial development projects, industry expert led conferences, professional engagements, and interactive networking sessions.
The awards were hosted by a top real estate developing company, which is one of the most eminent and trusted conglomerates in India and abroad. The company is known to provide sustainable and innovative real estate developments to the world. It has always been a forerunner in providing cutting-edge designs, technology, and excellence to the reality sector. The company has constructed various residential, commercial, and township projects across all major cities in India.
Showing their gratitude after receiving this prestigious award, Mr. Pawan Kumar, Director, Address of Choice Realty Pvt. Ltd., said, “We are both delighted and honored to receive such a prestigious award. We work together throughout the year to provide high quality, luxurious homes to every homeowner and ensure to delight them with our 5-Star customer service. Such awards help foster our confidence and the trust that our stakeholders and customers have in our brand and products. We look forward to doing more substantial and impactful work in the realty sector to create many more milestones in the years to come.”
AOC is a leading online technology platform that provide comprehensive list of recent, under constructions, and ready to move residential and commercial properties across India. Since its formation in the year 2013, the company has been driven by the vision of bringing professionalism and world-class customer service to the real estate industry. It is fueled by technology and complete professionalism and is committed to deliver 100% customer satisfaction in all the projects and services that it delivers. AOC has various other accolades and accomplishments to its name too. These include “Shapoorji Pallonji Bangalore Top Performer” and “Adani Realty Highest Number of Unit Sold in Ahmedabad” awards.
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.
