News Broadcasting
Maharashtra DCM Devendra Fadnavis speaks about dynamics of electoral alliance at ‘Ideas of India’ Summit 3.0
Mumbai: ABP Network’s flagship event, the ‘Ideas of India’ Summit 3.0, was graced by Maharashtra deputy chief minister Devendra Fadnavis who participated in the session ‘Collaborative Federalism: View of the States’ in Mumbai, on 23 Feb. Speaking about dynamics of electoral alliance in Maharashtra, Devendra Fadnavis, said, “We are in strategic alliance with NCP and with emotional alliance with Eknath Shinde ji’s Shiv Sena”
Showing confidence about the third term for Modi Government, Devendra Fadnavis, explained, ‘The General Election 2024 is not an election of negative mandate. BJP does not face by anti-incumbency. We don’t need to target the opposition.’
Speaking about Government formation in Maharashtra, Maharashtra deputy chief minister Devendra Fadnavis said, “Sharad Pawar ji nominated Ajit Pawar ji for leading alliance-related talks. Later on, Ajit ji couldn’t back out from the commitments he had made to BJP”
Sharing his views about whether the BJP will do better in Maharashtra from the previous time, Fadnavis remarked, “There are challenges but we will only do better than our performance from the last two times”
Devendra Fadnavis commented about the change in his role in the Government, said, “The agenda that I drove during my tenure as Chief Minister, and I am able to deliver upon that even as Deputy CM”
“We have treated them as brothers for 25 years. It was Uddhav Thackeray ji who closed all doors”, Devendra Fadnavis further remarked talking about his relationship with the current leader Vidarbha Shiv Sena (UTB),
Talking about BJP’s strength, Devendra Fadnavis, said, “The ground cadre of BJP is inspired and driven by thought and not by expectations. BJP’s workers are the biggest Asset of the party. When Congress workers look at their leaders, they get worried.”
Talking about the upcoming state elections in Maharashtra, Maharashtra deputy chief minister Devendra Fadnavis said, “The coalition with NCP and Shiv Sena will continue in the upcoming elections. Eknath Shinde ji is our leader and we will fight the assembly election under his leadership”
The ABP Network’s ‘Ideas of India’ Summit 3.0 spotlighting the ‘The People’s Agenda’ brought a confluence of ideas and ideators to a common platform celebrating the country’s people and its plurality. The two-day summit hosted policymakers, cultural ambassadors, industry experts, celebrities, business leaders, economists, and leading luminaries to delve into the fundamental ideas of liberty, justice, equality, and diversity that define India, its society, culture, and politics. The meaningful deliberations on diverse topics had the brightest minds across sectors providing insights about the nation’s trajectory and its journey to become Viksit Bharat.
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.
