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ABP Majha honours unsung heroes of Maharashtra at its annual event ‘Shourya Puraskar’

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Mumbai: ABP Majha has recently hosted an annual event ‘Shourya Puraskar’ at BKC Trident in Mumbai. This event is an initiative by the channel to recognise and celebrate the courage and heroism of common people across the Maharashtra region. Dedicated to celebrating the bravery of the common people, the event was aired on 26 January  on the occasion of Republic Day.

The event was graced by Maharashtra chief minister Eknath Shinde, Maharashtra ex-chief minister Ashok Chavan, Mumbai police commissioner Vivek Phansalkar (IPS), and veteran TV & film actor Shivaji Satam, who also felicitated the bravehearts.

This year ‘Shourya Puraskars’ were awarded to eight brave individuals who selflessly put their lives at risk for others. The recipients of the award were – Kishore Gadhe, Namrata Kale, Pravin Rathod, Latabai Koli, Mayur Patil, Sanjana Pavde and Satish Kamble.

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    Kishore Gadhe jumped into a flooded river and saved three lives.

    Namrata Kale jumped into a well to save her brother’s life.

    Deepak Gharat who was also one of the recipients of the award ran to rescue a family trapped in a fire and saved their lives.

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    Pravin Rathod was awarded for evacuating 25 people trapped in a fire due to gas leakage.

    Latabai Koli saved her life from a leopard by swimming for 13 hours in flood waters.

    Mayur Patil received the award for showing exemplary courage by saving the life of a girl from a knife attack while sustaining a few stabs himself.

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    Sanjana Pavde was awarded as she fought away a leopard to save her husband from certain death.

    Late Satish Kamble was posthumously recognised as he suffered a heart attack while driving a school bus, yet managed to control the bus and stop it, saving the lives of the children inside. The recognition was received by his wife Pramila.

These heroes remind us that courage and bravery come at a certain cost but are worth every bit of it. In honour of their heroic acts, ABP Majha felicitated them for their exemplary courage.

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This felicitation of selfless acts is part of ABP Majha’s vision to serve as a beacon of hope and courage. By honouring their heroism, the channel hopes to inspire others.

ABP Majha’s ‘Shourya Puraskar’ was presented by RCC. The event was powered by Dear Lottery and its digital partner was ABP Live.

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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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