News Broadcasting
Hon’ble Union Minister Praful Patel launches ETAuto.com
MUMBAI: Times Internet (TIL), India’s leading online network, continued its expansion into various niche verticals with the launch of ETAuto.com. The Economic Times Auto or ETAuto.com will provide the most comprehensive and in-depth coverage of news apart from being a platform for knowledge on automotive industry.
Honourable Union Minister for Heavy Industries & Enterprises, Shri Praful Patel while unveiling the portal said, “Digital media is going to be the future. I am delighted to launch the ETAuto.com and I think it is going to set a trend for serious business journalism online.”
ETAuto.com has received widespread support and encouragement from top industry bodies like Society of Indian Automobile Manufacturers Association (SIAM), Automotive Component Manufacturers Association of India (ACMA), Federation of Automobile Dealers Association (FADA) and Automotive Tyre Manufacturers Association (ATMA) among others.
Speaking on this occasion, Satyan Gajwani, Chief Executive Officer, Times Internet, said, “We hope that ETAuto.com will become the most preferred platform to read real time developments in the automotive industry in the form of news, views, blogs and interviews. We are happy to get associated with all the major auto industry associations. This initiative will serve as a platform for all the stake holders to exchange ideas and best practices.”
The new venture envisages various segments of automotive business including components, OEMs, policy, Aftermarket and auto technology.
Vishnu Mathur, Director General, SIAM said: “We are delighted to extend our support to ETAuto.com. Being a digital platform it will have the advantage of offering information in the most convenient form for the readers.”
ETAuto.com also reaches to its readers through a comprehensive daily E- Newsletter, summarising day’s news and analysis and has got over 10,000 pre-launch readership of decision makers, policy makers, investors and professionals from automobile industry in India. “The daily E-Newsletter is a great source of information and helps us update with all the developments, this is something we always wanted,” said Nikunj Sanghi, Director International Affairs & Global Relations, FADA.
The industry currently accounts for almost 7% of country’s GDP and employs about 19 million people both directly and indirectly. Mr Vinnie Mehta, Executive Director, ACMA wished ETAuto.com all the success and said, “ACMA is indeed happy to have associated itself and supported this initiative from the beginning.”
ETAuto.com deems to play pivotal role in facilitating B2B transactions by publishing relevant data, information, survey, reports and other material on the automotive industry in association with Knowledge Partner Ernst & Young.
Rakesh Batra, Partner & National Leader – Automotive practice, E & Y said, “We at E & Y are privileged to be associated with ETAuto.com as the knowledge partner. Together, we shall strive to provide valuable industry updates with insightful analysis in developing a world-class automotive industry in India.”
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.
