News Broadcasting
Kalyan Jewellers Declared Retail Chain of the Year at the First India Bullion & Jewellery Awards
MUMBAI: Kalyan Jewellers, one of India’s leading jewellery retail companies, has won top honours at the 1st India Bullion and Jewellery (IBJ) Awards. Kalyan Jewellers was named the Retail Chain of the Year and they had the best advertising campaign of the Year. The IBJ awards seek to recognise companies that have pushed the boundaries of excellence, rising above the competition and demonstrating outstanding performance.
Speaking on the occasion Mr. T.S. Kalyanaraman, Managing Director, Kalyan Jewellers said; “We are delighted to receive these prestigious awards and I thank The Bombay Bullion Association Ltd for this honour. The awards recognise Kalyan Jewelers commitment to business innovation, and globally benchmarked quality of services. It is this commitment that will sustain our next stage of growth as we go across the length and breadth of the country and globally. Kalyan Jewellers today enjoy a strong association and trust in the minds of its priced clientele, the industry and trade.”
Kalyan Jewellers was chosen through rigorous analysis of players in the retail segment by the analyst teams at The Bombay Bullion Association Ltd. The teams conducted detailed research and assessment on market performance of the qualifying companies. The evaluation criteria included key achievements, measurement of revenue and revenue growth, technological innovation, regional vision, strategy and profitability. Best Jewellery Advertisement Campaign of the year for its brand campaign ‘Vishwasam Athalle Ellam
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.
