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Gulf Oil presents ‘LEADER TALK’ with Ratan Tata and Kapil Dev

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NEW DELHI: At a time when India is looking for young and dynamic leadership in all spheres, CNN-IBN, in association with Gulf Oil, brings you LEADER TALK, a unique new talk show that will explore the ever-evolving aspects of leadership, be it in a corporate boardroom or in a sports arena.

 

This week, IBN Network Editor-in-Chief Rajdeep Sardesai talks to one of India’s most respected and admired business leaders,former Chairman of Tata Group Ratan Tata, and legendary cricketer Kapil Dev. On the show, Ratan Tata stresses on the need for leading from the front and doing business without compromising on ethics and core values. Kapil Dev narrates how he led the unlikely Indian cricket team to World Cup victory in 1983 and explains that a good leader is the one who credits the team for success and takes the blame for failures.

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The show will be aired on Sat, Sept 7th at 12:30 PM, followed by a repeat telecast on the same day at 10:30 PM and on Sun, Sept 8th at 10:00 AM and 7:30 PM only on CNN-IBN.

 

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More details on this series can be viewed on www.ibnlive.com/leadertalk.

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News Broadcasting

Network18 trims FY26 losses as Q4 revenue touches Rs 1,955 crore, 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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