News Broadcasting
CREDAI-NCR forms five sub-chapters for speedy resolve of buyers’ complaints
NEW DELHI: To facilitate quicker redressal of buyer’s complaints, the NCR body of Confederation of Real Estate Developers Association of India (CREDAI-NCR) recently formed five sub-chapters.
All the complaints of buyers pertaining to member developers will be handled centrally by CREDAI NCR in support and coordination with respective sub-chapters. This will help in reducing the backlog at parent body resulting in lesser time in resolving the issues of buyers.
Covering different regions of Delhi-NCR, these sub-chapters will continue prefixing name of CREDAI NCR and will be called CREDAI NCR (Delhi), CREDAI NCR (Haryana), CREDAI NCR (Western UP), CREDAI NCR (Raj Nagar Extension) and CREDAI NCR (Bhiwadi). As the name suggest, these sub-chapters will cover the member developers/builders in their respective areas and will operate under the umbrella of CREDAI NCR.
Each sub-chapter will cover the area earmarked under NCR region only. For example, CREDAI NCR (Haryana) will cover only the part of Haryana falling under NCR region.
Although, certain sub-chapters were operating from some time, yet the developers preferred joining CREDAI-NCR directly. To address this, a system has been put in place that no developer will become direct member of CREDAI NCR except the ones who are having their real estate project in Delhi. Also the present members will be transferred to respective sub-chapters based on their area of operation but by default each and every member will be known as member of CREDAI NCR.
The Consumer Grievance Redressal Forum which was specially set up to deal with buyer’s complaints, has resolved 868 complaints out of 972 filed so far.
Explaining the rationale behind this step, Dr. Anil Kumar Sharma, President, CREDAI-NCR says, “The decision to delegate the responsibilities to sub-chapters is a futuristic move. It will decentralize the workload on the Consumer Grievance Redressal Forum, ensuring quicker disposal of buyers’ complaints.”
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.
