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NDTV Property Awards acknowledged Indian real estate space

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MUMBAI: NDTV Property Awards, presented by Parryware, which is into its third year has emerged as the most credible benchmark for the real estate industry. Manisha Natarajan, Senior Editor, Business and Real Estate along with Vasudha Sharma and Anjali Istwal, co-anchors of The Property Show, hosted the third edition of the NDTV Property Awards, presented by Parrywareand powered by Johnson Tiles. The awards honoured and acknowledged excellence in Indian real estate and recognized real estate leaders whose persistent pursuit of excellence has fuelled India’s journey to the forefront of the world’s economy.

The Chief Guest of the evening was Shri Babul Supriyo, the Minister of State for Housing & Urban Poverty Alleviation.

The big winners of the night included Mr C.L Raheja who was conferred with the prestigious Lifetime Achievement Award, Brotin Banerjee was honoured with the Best CEO in Real Estate Award and real estate giant Omaxe Ltd. was felicitated with outstanding contribution to Tier 2 & Tier 3 cities.

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Held on 5th March, 2016 at Sheraton Grand Bangalore Hotel, Bengaluru, the ceremony was attended by the crème de la crème of the real estate world including Mr Irfan Razack, Chairman & Managing Director of the Prestige Group, Mr JC Sharma, VC & MD Sobha Limited, Mr Jaishankar, Chairman and Managing Director, Brigade Group and Mr Getamber Anand, CMD ATS Infrastructure.

Awardees List

Jury members for the  awards included Mrs Renu Sudkarnad, MD, HDFC; Mr Amit Bhagat, CEO & Managing Director, ASK Property Investment Advisors Pvt. Ltd; Mr Ritesh Vohra,Partner, Real Estate Investments, IDFC Alternatives Limited; Mr Rohit Salhotra, MD and CEO ICICI-HFC; Mr Sachin Sandhir, MD, South Asia, RICS and Ms Manisha Natarajan, Senior Editor, Business and Real Estate, NDTV.

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All results were confidentially tabulated and audited by KPMG with Prop Equity as the Knowledge Partner and EDS as Knowledge Partner for the Green Awards.

Associate Sponsors for the event were Cushman & Wakefield, Rajnigandha Cables Pvt. Ltd, 99acres.com, Reliance Home Finance, Nippon Paint and Sheraton Grand Bangalore Hotel at Brigade Gateway as the hospitality partner.

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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.

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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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