News Broadcasting
CNBC-TV18 announces India’s first Financial Advisors Awards Presented by Prudential ICICI Mutual Funds & powered by ICRA
Mumbai, January 3, 2006: CNBC-TV18 and Prudential ICICI Mutual Funds present India’s first Financial Advisor Awards. The country’s most authoritative evaluation and awards have been instituted to recognize the best among financial advisors in the country, powered by ICRA.
India is finally witnessing an investor revolution, in which the number of people investing in equity markets, mutual funds, etc. is increasing exponentially year after year. In this environment, the need to evaluate, understand and choose the right investment alternative has become paramount; resulting in the increased reliance by investors across categories on financial advisory services.
CNBC-TV18’s Financial Advisor Awards aims to set a benchmark that will help investors select the best financial or investment advisors across geographies and categories.
Recognizing the critical role that financial advisors play in the wealth creation process, CNBC-TV18 and Prudential ICICI Mutual Fund will identify, honor and celebrate India’s best financial experts through CNBC-TV18’s Financial Advisor Awards.
The CNBC-TV18’s Financial Advisor Awards will have the following
categories:
• Individual Financial Advisor (North, East, South, West)
• National Level Financial Advisor – Predominantly Institutional
• National Level Financial Advisor – Predominantly Retail
• Regional Level Financial Advisor (North, East, South, West)
• Equity Broker (National)
• Banks (National)
The Evaluation Process:
ICRA Limited, India’s leading provider of investment information and credit rating services in India, and an associate of Moody’s Investors Service, will conduct the evaluation process. The first round of assessment will be carried out based on the following indicative parameters. This information will be gathered through the nomination forms.
? Quantitative parameters:
• Investor Accounts
• Assets under management (size)
• Asset profile
• Number of investment advisors
• Number of products offered
? Qualitative parameters
• Educational/Professional Qualifications
• Experience
• Client Servicing
• Scope of Services
• Forms of compensation
The evaluation process will be a three-stage process:
• First stage – will be a screening of completed nomination
application forms
• Second Stage – short listing of a limited number of financial
advisors in each category (top 10% – for example); detailed information will be sought and analysis will be carried out based on extensive interactions with ICRA.
• Third stage – Three final short listed financial advisors will
go through a round of presentations to a jury comprising of industry experts, regulators, CNBC-TV18 representatives and representatives from ICRA.
Prudential ICICI Mutual Fund presents– ‘CNBC-TV18’s Financial Advisor Awards’
•Entry forms: Moneycontrol.com, or at the nearest Prudential ICICI AMC Branch Office ` •Mail complete application forms to:
The Manager – Financial Advisor Awards, Television Eighteen India Ltd., Empire Complex, First floor, Senapati Bapat Marg, Lower Parel, Mumbai – 13 Last date for receiving entries – 30th Jan 06
About CNBC-TV18:
CNBC-TVI8 is India’s No.1 business medium. CNBC-TV18 is the undisputed leader in the business. The channel’s benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India.
CNBC-TV18 is currently available in over 26 million households in India
For further queries, please contact:
Vineet Nigam (ICRA) – 98103 01167
Deepa Bhavnani (CNBC-TV18) – 98203 14547 SMS FAA to 2622, log on to www.moneycontrol.com/cnbc/financialadvisor or
email: faa@tv18online.com
Glen D’Souza/ Janice Goveas/ Lorraine Correa Hanmer & Partners 56335969/ 55524600
Thanks and regards,
Lorraine Correa
Hanmer & Partners Communications Pvt. Ltd.
3rd Floor, Rehem Mansion I
42, Shahid Bhagat Singh Road
Colaba, Mumbai 400 001, INDIA
Tel: +91-22-56335969/55524600
Fax: +91-22-56335979
Cell: 9819890093
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.
