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Bhupender Yadav, climate minister speaks at Times Network’s India Climate Summit
Mumbai: Times Network, a premium broadcast network hosted the inaugural edition of the India Climate Summit 2024 in New Delhi. The Summit brought together key stakeholders and climate champions to discuss and devise a definitive action plan for India’s future as an environmentally sustainable and responsible nation focusing on embodying India’s vision of achieving a net-zero economy by 2070.
The special address at the Summit was delivered by Bhupender Yadav, minister of environment, Forest & Climate Change. The Insightful sessions were delivered by distinguished speakers including, Erik Solheim, former under-secretary-general of the United Nations and executive director of UNEP; Dr Vibha Dhawan, director general, TERI; Mozaharul Alam, regional climate change coordinator (UNEP) and APAN Secretariat amongst others.
Delivering the special address and participating in a fireside chat, Bhupender Yadav, union minister of environment, Forest & Climate Change, said, “Under the visionary leadership of Prime Minister Narendra Modi, India has remarkably met its climate targets over the past decade, a testament to our national resolve. Pioneering initiatives like ‘1 Ped Maa Ke Naam’ and the widespread adoption of Electronic Voting Machines (EVMs) exemplify our unwavering commitment to environmental sustainability. India’s achievements, from surpassing global carbon intensity reduction goals to fulfilling our Nationally Determined Contributions (NDCs) and generating over 41 per cent of our electricity from renewable sources, highlight our steadfast dedication to a greener future. Initiatives like the International Solar Alliance and our proactive stance in disaster resilience through the Coalition for Disaster Resilient Infrastructure underscores our commitment to global sustainability. This proactive stance not only sets a global benchmark but also showcases India’s unparalleled ability to harmonize economic growth with environmental stewardship. Three critical challenges lie ahead, controlling carbon emissions from human-centric development, balancing our consumption of natural resources, and combating land degradation. Despite political opposition, our proactive approach to climate action remains steadfast. India’s achievements in reducing carbon emission intensity and increasing non-consumable energy capacity ahead of global targets reflect our dedication to sustainable development. We advocate for mindful consumption and environmental stewardship. Our efforts, including providing Soil Health Cards to 30 crore farmers and launching initiatives like ‘1 Ped Maa Ke Naam,’ reflect our dedication to preserving Mother Earth. As we move forward, India invites global collaboration to achieve a greener, sustainable future for all. We must integrate our cultural values with technological advancements to foster mindful consumption.”
The India Climate Summit successfully concluded with several notable highlights. A white paper, prepared in conjunction with EY, was unveiled, offering practical insights and ideas for managing India’s climate and sustainability transition. Additionally, to offset the event’s carbon footprint, over a thousand trees were planted, demonstrating a tangible commitment to environmental responsibility.
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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.
