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Times Network copartners Autocar India for the Autocar Awards 2018
MUMBAI: Times Network, a part of The Times Group, co-partners Autocar India for the Autocar Awards 2018 for the third year. The event witnessed distinguished corporate leaders and personalities, who came together to salute the achievers from the automotive sector.
India’s automotive industry witnessed anencouraging business trend during 2017, the industryobserveddouble-digit growth backed by strong sales of passenger vehicles. Last year also saw a slew of new models & variants hitting the roads across categories,alluringboth first time as well as refresh segment of costumers.
Commenting on the industry’s most coveted event, Times Network MD & CEO, MK Anand said,“We are extremely excited to present Autocar Awards 2018. As the Auto Industry readies itself to brace the seismic changes that technology is bringing with it and adapts and evolves, we promise to partner the industry by recognising excellence and putting the spotlight on the best and brightest in the Indian market and showcase them to our discerning audience.”
Anant Geete, Union Cabinet Minister for Heavy Industries and Public Sector Enterprises, “The automobile sector has delivered significant growth and development; and is aligned with our Prime Minister, Narendra Modi’s mission of ‘Make in India’. The global automobile sector is witnessing a measured shift towards electric movement. India need to admit this change and move forward together.’’
The Autocar Awards for the past 15 years have been zeroing in on and honouring the best bikes and cars sold in India. It is only after astringent process of evaluation, ample testing, and of course thorough deliberation, that the contenders and winners for each award are adjudged.
India’s leading automakers, all vied for top honours at the Indian automotive industry’s most coveted awards.The awardswereadjudged by an esteemed panel of auto experts, who graded automobiles on the basis of performance, price, features, design and specification.The collective experience of the panel remains unmatched in the industry.
The Autocar Awards 2018 will air on Times Now and ET Now in January, 2018.
The winners of 2018 Awards are:
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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.
