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DHL Global Forwarding announces appointment of new CEO in India
MUMBAI: DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, announces the appointment of Samar Nath as Chief Executive Officer and Country Manager for its Indian operations, effective September 10, 2013.
Having served for more than 15 years with various organizations, Samar Nath brings a wealth of experience and knowledge to the position. Prior to this appointment, he has worked as Executive Vice President and Managing Director for India & South Asia at CEVA Logistics and Managing Director for India & South Asia at APL Logistics.
“Samar is well-known for his visionary leadership in the field of logistics. I look forward to his expertise in further consolidating DHL’s business as the leading logistics company in India.” said Kelvin Leung, CEO, Asia Pacific, DHL Global Forwarding. “At the epicenter of the rapidly growing Asia Pacific region, India is of strategic importance to DHL’s global forwarding operations. Samar’s appointment will help drive us towards our goal of continuously outgrowing the market and setting new standards of excellence for our customers”, he added.
In his previous roles, Samar has an impressive track record in leading companies through various growth stages with a strong proficiency in business development, establishing startups and business integration.
Samar holds a Bachelor’s degree in Commerce and an Executive MBA in Marketing Management from Jamnalal Bajaj Institute of Management, University of Mumbai. He will be based at the company’s corporate office in Mumbai.
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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.
