News Broadcasting
WAVE launches multi-use studio apartments Edenia in Noida
NOIDA: Wave Infratech, one of the leading real estate developers in India has launched a world class Multi-use studio apartments, Edenia, at Wave City Center in heart of Noida (Noida Proper).
Edenia, world class multi- use studio apartments will offer centrally air conditioned studios with a commercial license which may be used as office (for work) and as well as home (for living).
Available in sizes ranging from 422 sq.ft. to 678 sq.ft, these multi- use studio apartments will be priced between Rs. 35 Lacs to Rs. 66 Lacs. These studios come with a complete bouquet of services like Concierge Service, Travel Desk, Housekeeping, Laundromat, etc On-demand.
Finally, Edenia will be a place where young and ambitious entrepreneurs can work and live at the same place without any legal or regulatory hassles.
To ensure a world class construction quality, the construction contract of this tower will be soon awarded to one of the renowned construction companies of international repute. The construction is expected to be completed by 2016 end.
Anticipated demand for studio apartments is far outstripping its existing supply, generating highest rental income, property appreciation and offering opportunities to high value business tenants.
National Capital Region is one such destination which has witnessed soaring demand of studio apartments and the region is grabbing attention of expats, designers, doctors, chartered accountants, investment bankers, fashion studios, architects, consultants etc. to set up their offices or to live in near to their place of work.
Investors, especially NRI investors believe that investment in studio apartments is a wise and cost effective decision as it offers solid returns in a short duration of time.
Being located at Wave City Center, the residents of Edenia will enjoy the strategic location advantages with excellent connectivity to Delhi / NCR. The company is also offering various payment plans to meet the requirements of its customers. Apart from down payment plan and construction linked plan, a Special Payment Plan of 40:30:30 is being offered by Wave City Center for Edenia where, 40% of the total price is payable at the time of booking, 30% on completion of super structure and 30% on offer of possession.
“We are witnessing a rising demand of multi use studio apartments in Noida, and with our current offering – Edenia, we are looking to set up a benchmark for this product in India with our world class consultants, contractors, architects and technology partners on board, coupled with convenient payment plans”, Wave Infratech spokesperson said in a statement.
WAVE Edenia comes with product mix and specifications such as Top 5 Floors with 200 units will be fully furnished and managed by the operator with all services included and the rest 9 Floors with 358 units (being launched now) will be fully air-conditioned with electrical fittings, etc.
Other facilities include dedicated service elevators, high tech round the clock security, high street retail on the lower levels, exclusive club house with swimming pool, steam & sauna, family entertainment center & mall at close vicinity and wi- fi services.
Fact Sheet:
• Air conditioned multi use studios with a Commercial License
• Concierge services and housekeeping on demand
• Ample parking for residents and visitors
• Dedicated service elevators
• High tech round the clock security
• Uninterrupted water supply and power back-up
• High street retail on the lower levels
• Exclusive club house with swimming pool, steam & sauna
• Family entertainment center & mall at close vicinity
• Advantageously located next to Noida City Centre metro station
• Wi-Fi enabled
• Energy efficient building
• Video surveillance system
• CCTV for parking & entrance lobby
• Fire alarm system in common area
• Fully equipped gymnasium
• F & B services on demand
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.
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.
