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Samsung Galaxy Star Mirchi Music Awards South 2012

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Chennai, 26th July 2013: It was a beautiful night in Chennai when the stars of the music industry, from across the South, shone bright – as it was the night of felicitation! The music celebrities were honoured for excellence in the rich body of work done across the four languages in the year 2012 at this glittering function.
“Samsung Galaxy Mirchi Music Awards South 2012’ is the ONLY award dedicated purely to honouring the talents of the Indian Music Industry across all the four South Indian languages”, said Mr. Prashant Panday, ENIL ED & CEO. “This is also a way of thanking the Indian Music Fraternity for creating the music that we as FM stations play 24 x 7! We are proud of Samsung Galaxy Star Awards because it is our humble way of paying salutation to Music and to the people who create it!”

There is an eminent panel of Jury in each of the four southern languages who bear the onerous task of selecting the winners through a thorough process audited by Ernst & Young.

All illustrious members of the Kannada Jury who lent their support this year to adjudge the best of best talents of the Indian Music Industry were: Mr. Hamsalekha (Chairman of the Jury), Ms.Manjula Gururaj, Mr. Gurukiran, Mr. Sadhu kokila , Mr. Nagatihalli Chandrashekar , Mr. V Manohar, Mr. Kaviraj, Ms. Suman Kittur, Mr. V Harikrishna , Mr. K Kalyan and Mr Arjun Janya.
Legendary Music Composer Mr Shankar Ganesh was honoured with the Life Time Achievement Award while the popular category award recipients were Best Composer of the Year – Gurukiran for Govindaya Namah, Album of the Year – Govindaya Namah, Song of the Year – Namdukke Pyarge from Govindaya Namah composed by Gurukiran, The coveted Best Male and Female Vocalist Awards were won by Singer Chetan and Vani Harikrishna respectively. The Radio Mirchi Listeners Choice Best Album is” Addhuri” was won by V. Harikrishna. Special Jury contribution award was given to Musician “ Fayaz Khan”.

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Special Awards were given to A R Rahman as Global Music Icon, Since he has completed 20 years in Music Industry. S P Balasubramaniyam was awarded as Sangeet Samrat for his excellent contribution to South Indian Film Industry. The event was made even more scintillating with not just the presence of celebrities from all over the South but also by superb performances by Ace Singer Vijay Prakash Diganth, Aindirta Ray, Shreya Saran, Deepika Kamiah and a tribute to A R Rahman and lots of other stars!

Celebrity Presence: Mr. Gurukiran, Mr. Sadhu kokila , Mr. Nagatihalli Chandrashekar , Mr. V Manohar, Mr. Kaviraj, Ms. Suman Kittur, Mr. V Harikrishna , Jayanth Kaykeni, Radhika Pandit, Srinagar kitty, Vijay Prakash Diganth, Aindirta Ray, Sanjjanna, Kriti Karbanda, Nagashekar, Vijay Raghvendra, Deepika Kmaiah , Vasu Dixit & Pavan Wadeyar

To know more about the jury, categories and nominees for ‘Samsung Galaxy Star Mirchi Music Awards 2012’, keep listening to Radio Mirchi 98.3 FM or log on to www.radiomirchi.com,

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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.

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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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