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Reliance Digital named The Consumer Durables Retailer of the Year
MUMBAI: Reliance Digital, the consumer electronics & durables arm of Reliance Retail has been recognised as ‘The Consumer Durables Retailer of the Year’ at the 8thAnnual Star Retailer Awards 2013 held in New Delhi.
Reliance Digital is the consumer durables and information technology concept from Reliance Retail. The award recognises Reliance Digital’s exemplary efforts in helping consumers bring home the latest & best in technology from the widest selection at the lowest assured price with complete peace of mind through lifelong support.
Reliance Digital aims to fulfil the dream of every Indian through its nationwide network of conveniently located stores by providing a delightful shopping experience of products & solutions. Further, through its sub-brand ResQ, Reliance Digital provides customers with an opportunity to experience exceptional service at several touch-points.Inspired by the Reliance philosophy for excellence, ResQ has created an enviable reputation and a capability to understand and deliver solutions to meet consumer needs. ResQ experts offer guidance to customers, demonstrate a solution and help them with identifying relevant products and solutions. ResQ also takes on the responsibility of installation and networking that ensures optimum performance for all products and solutions.
Speaking on the award, Mr Brian Bade, Chief Executive Officer (CEO), Reliance Digital said, “We are extremely proud to be recognised as ‘The Consumer Durables Retailer of the Year’. This award has added another feather to our cap and is an inspiration to our entire team behind it. We hope to take the unique Reliance Digital experience further and we are looking forward to bringing happiness to many more homes which continues to be our biggest incentive.”
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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.
