News Broadcasting
Come and meet Ganeshas friend glittering with LED lights
MUMBAI: It is that time of year when the atmosphere is reverberated with the chants of ‘Bappa Moraya’ and praise of Lord Ganesha. Ganesh Utsav, a 10 day long festival begins with Ganesh Chaturthi, the birthday of the Hindu Lord of prosperity and good fortune. Devotees leave no stone unturned to create unique and eye-catching puja pandals every year. Continuing with its tradition of innovative lighting for the Pandals, Philips Electronics India Limited, the country’s leading provider of lighting solutions, creates a 9ft high and 6 ? ft wide unique and energy efficient statue of ‘Mushak’ by using 1100 LED lights.
Mr. Sumit Joshi, Sr. Director, Marketing, Philips Lighting India, said, “The LalbaugchaRaja Mandal being one of the most popular puja pandals during the Ganesh Utsav, it is visited by approximately 80 lakhs devotees who need to stand in a long queue for Darshan. With the ‘Mushak’ being lighted up with LED lights, devotees can have the immediate Darshan of the Mushak who is also known as the friend of Lord Ganesha.”
The Mushak created with 1100 LED bulbs, will be 96% more energy efficient when compared to the normal incandescent bulbs and CFLs which are normally used in pandaals / mandals during festive occasions. Ganesh Utsav which started on 9th September will culminate on 18th September 2013.
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.
