News Broadcasting
Candico unveils new range of candies for Diwali
Mumbai, 19 October, 2005. Gifting options this festival of lights and sweets just got sweeter with Candico (I) Ltd.’s new range of three exciting Diwali Gift Packs. Attractively priced at Rs. 250/-, Rs. 200/- and Rs. 150/- respectively, these innovatively packaged and designed packs make a refreshing gifting option other than traditional Indian sweets, for your loved ones.
The packs would be available at all of Candico’s candy kiosks across the country, which are at PVR Cinemas inside MGF Mega Mall, Gurgaon; DLF Mega Mall, Gurgaon; Fun & Food Village, Old Delhi-Gurgaon Highway; SRS Mall, Faridabad; Shopprix Mall, Noida; PVR Cinemas, Sonia Theatre AEZ Complex, Vikaspuri; Gold Adlabs, Pune; Central Mall, Pune; Huma Adlabs, Mumbai and PVR Cinemas, Hyderabad.
The 4 packs are:
Candico Choco Sparklers: Shining brightly in sparkling glory, this gift box contains an exotic assortment of 10 yummylicious chocolates and is priced at Rs. 200/-.
Candico Meetha Dhamaka: This marvel of a box puts together a mixture of various confectionery including Hard Boiled Candies, Soft Boiled Candies, chocolates as well as other sugar coated confectionery. Weighing a Triple-Nelson 333 grams, this box is priced at Rs. 250/-.
Candico Nutty Explosives: Beautifully designed and innovatively packaged, this splendid gift pack contains 400 grams of sugar-coated nuts and is priced at Rs. 250/-.
Candico Candy Diyas: Woo that ‘special someone’ in your life with this cracker of a pack which contains 250 grams of Hard Boiled & Soft Boiled Candies, aesthetically packaged in a transparent gift pack and attractively priced at Rs. 150/-.
About Candico
Candico is the largest homegrown, confectionery company in India with an annual turnover of Rs. 125 crores for the year 2003-04.
The company is one of the few in the world that manufactures all four-product categories of confectionery: Candies, Toffees, Mints and Gums. Candico owns category-leading brands like Loco Poco as well as popular brands like Gumbo Jumbo and Time Bomb.
Ever since inception, Candico has been reaching out to millions of children and adults and has become a household brand.
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For more light on these exciting gifting options, please contact:
Swaati Langeh, 022 – 39517007, 9819600060, swaatilangeh@accordpr.com
Gaurav Gupta, 022 – 39517007, 9820223207, gauravgupta@accordpr.com
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.
