News Broadcasting
Mercedes-Benz India to excite with fascinating festive campaigns
Pune: Mercedes-Benz India, the official automobile partner of the Buddh International Circuit, launched its festival campaign in time, to stoke the F1 fever during the period starting from August until October. As part of the Company’s continued and rich association with motorsport, Mercedes-Benz India has planned a host of exclusive programs and offerings for its discerning customers and the motorsports enthusiasts.
To make this festive season more eventful Mercedes-Benz India will provide an exclusive opportunity to meet and interact with F1 superstars Lewis Hamilton and Nico Rosberg. Customers who buy a Mercedes-Benz from 20-August till 15-October 2013 will be eligible to participate in this campaign to meet the Mercedes AMG PETRONAS F1 team drivers. Five lucky customers from across India, on an all-expense paid trip, will be meeting and interacting with Lewis Hamilton and Nico Rosberg and also watch the 2013 Indian Grand Prix LIVE. The Indian GP tickets are already available for sale at select Mercedes-Benz dealerships. A special racing event for Corporate Stalwarts, “Corporate Star Grand Prix – race to the checkered flag” will be held at the Buddh International Circuit where 16 select CEOs/MDs will bring their boardroom skills to India’s only F1 track.
Mr. Eberhard Kern, Managing Director and CEO, Mercedes-Benz India commented: “As each and every racing aficionado and motorsports enthusiast waits for the world’s biggest motorsports event in the Country, Mercedes-Benz India aims to double the excitement for its customers during this festive season. Following the Mercedes-Benz brand philosophy of ‘Best or Nothing’, we are elated to present the perfect gift for our customers: an opportunity to meet the F1 superstars Lewis Hamilton and Nico Rosberg along with a chance to watch the 2013 Indian F1 Grand Prix live. We are proud to be official partners of the Buddh International Circuit and want to leverage our association with this racing event to present a delightful and exciting experience to our customers and enthusiasts. We aim at providing the best and superlative brand experience to our customers by our fascinating products and various customer connect initiatives. We wish our connoisseurs very happy and prosperous festival season.”
Mercedes-Benz India will also organize the Young Star Driver’s Programme at Buddh International Circuit on 2-September, 2013. The ‘Young Star Driver Programme’ promises to be a launching pad for all motoring enthusiasts who dreams of a career in motorsports.
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.
