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NIIT Technologies is now a Business Superbrand
| New Delhi September 9, 2005: The Business Superbrands Council conferred the Business Superbrands status on NIIT Technologies, the global IT Solutions organization. Mr Praful Patel, Union Minister of Civil Aviation presented the Business Superbrands award to Mr Arvind Thakur, CEO, NIIT Technologies, the only IT services company from India to be awarded this status.
 Speaking on the occasion, Mr Arvind Thakur, CEO, NIIT Technologies, said, “The Business Superbrands status acknowledges the spirit of innovation that we follow at NIIT Technologies. The new brand responsibility will inspire us to reinforce the trust that our global customers place in us.”
The Council, an independent authority on branding, spread across 44 countries, was established more than a decade ago in the UK. The members of the Business Superbrands Council include marketing gurus and CEOs of some of the most successful global businesses in India.
The Business Superbrands Council included Anmol Dar, MD, Superbrands India; Mukesh D. Ambani, CMD, Reliance Industries; Gurcharan Das, former CEO, Procter & Gamble; R. Gopalakrishnan, Executive Director, Tata Sons; Prithvi Haldea, MD, Prime Database; Naina Kidwai, Deputy CEO, HSBC; K N Memani, former Chairman of Ernst & Young; Sunil Bharti Mittal, Chairman & Group MD, Bharti Enterprises; Nandan Nilekani, CEO, President & MD, Infosys Technologies; Deepak Parekh, Chairman, HDFC; M S Ramachandran, Chairman, IOC and Subir Raha, CMD, ONGC.
About NIIT Technologies Limited NIIT Technologies, the global IT solutions organization, services customers in the USA, Europe, Japan, Asia Pacific and India. It offers services in Application Development and Maintenance, Enterprise Integration and Business Process Management to organizations in the Financial Services, Transportation, Retail and Government sectors.
NIIT Technologies follows global standards of development, including an ISO 9001:2000 certification and assessment at Level 5 of SEI-CMMi and Level 3 of People CMM framework. NIIT Technologies’ subsidiaries NIIT SmartServe Limited and NIIT GIS Limited offer Business Process Management and GIS Solutions, respectively.
Its major global customers include British Airways, Channel 4, Holcim group, ING Group, Office Depot, SEI Investments, Singapore Airlines and Toyota Motors.
For media queries, please contact: Antara Das, NIIT Technologies Limited, Ph: +91 11 26203324, Fax: +91 11 26203386; Email: antara.das@niit-tech.com |
The prestigious Business Superbrands selection follows a rigorous year-long assessment of over 834 corporate entities in 92 categories by the Business Superbrands Council. Besides NIIT Technologies, the other prominent winners include Gujarat Ambuja, HDFC, Godrej & Boyce.
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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.
