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Green Tree ropes in cowi India as structural designer

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Green Tree Homes & Ventures Pvt. Ltd., one of the leading real estate developers in the state, today announced a strategic alliance with COWI India Private Ltd., an ISO 9001 : 2008 certificated company providing engineering services in the fields of Roads & Airports, Railways, Tunnels & Bridges, Marine Engineering and Buildings. COWI India will be the Structural designer for Green Tree’s 101, 1001 and 201 projects.

 

Green 101, comprises of 3 BHK houses spread over 2 acres at Korattur in Chennai and Green 201 is spread across 3.81 acres comprising of 2BHK and 3 BHK, ranging from 1040 sq.ft to 1367 sq.ft.

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Speaking on the occasion, Mr. Pon Ravichandran, Director, Green Tree Homes & Ventures Pvt. Ltd. said, “At Green Tree, it will be our constant endeavour to provide quality in every aspect of residential real estate development – material, technology, design, timelines, delivery and after sale services…our ultimate ambition being to create lasting impressions in customers’ mind. With advanced construction practices, procedures in quality control, time management and unique style, we aim to bring about ‘value for money’ for our resident buyers. We found COWI to be the apt partner to take up these challenging project’s which involves designing mechanical and electrical installations from scratch and transforming greenfield land into a modern, functional community.”

 

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COWI India will be responsible for the structural designing for all the houses and for all external services such as street lights, water supply, sewerage and drainage systems for all the three projects.

 

Says Mr. Nicolai Opolzer, Head of Department – Buidlings, COWI India Private Ltd., “We want to offer our clients excellent services to realise the full potential of their projects. Through this strategic partnership we are dedicated to offer a set of high quality, focused services that will change the benchmark in the consultancy services sector in India. Together with Green Tree, we are confident that we have the best expertise working on the projects. We look forward to a very rewarding long term relationship for both the companies.”

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Life at Green Tree projects promises to be a blend of convenience and luxury, with several popular brands of restaurants, shopping centres, hospitals and prestigious educational institutions being within or in close proximity to all the projects. Residents can enjoy numerous amenities including back-up power for individual houses, convenience store, multipurpose hall, STP, clinic, ATM, landscaped park and storm water drainage.

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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.

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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.

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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.

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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.

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