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Groupon App now available on Android
New Delhi- 25thJuly 2013; After tasting enormous success amongst the iOS users, Groupon India, a leading player in the daily deals segment today launched the app on Android platform as well. The Android App will be available on Google Play for download and will allow users to browse through hundreds of deals from an array of selections ranging from local, travel to shopping and offer suggestions on best things to do, see, eat, and buy. By a mere touch or press of a button, Android users will now be able to use their smartphones as a “Groupon wallet”.
The feature-rich app is devised not only to deepen engagement with regular Groupon users, but also to reach out to a larger audience through the fastest growing platform.
On the launch of the Android App, Ankur Warikoo, CEO, Groupon India said, ” The desire of the Indian youth today to stay connected and have instant access to internet is driving a dramatic growth for the smartphones market in India. After successfully launching the Groupon App for iOS users, we wanted to broaden our base by reaching out to a large number of Android users with this initiative. Our objective is to offer our customers the convenience of accessing our deals across various categories on the go and further creating an unparalleled experience in the deals segment across the country.”
With the Groupon Android App app, you can:
– Buy and redeem deals directly from your phone
– Keep track of all your purchased Groupons by location and expiration date
– Save ink, and avoid paper cuts by never printing another Groupon
– Plan a relaxing retreat or a last minute break with Groupon Getaways
– Use Groupon Goods to discover products made of reliably bonded molecules
– Share Groupons with friends, family, and tech-savvy cats via Twitter
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.
