News Broadcasting
ABP Majha hosts inaugural edition of ‘Maharashtrache Anmol Ratna’ Awards
Mumbai: ABP Majha, one of Maharashtra’s leading news channels, celebrated the essence of Maharashtra by hosting the inaugural edition of ‘Maharashtrache Anmol Ratna’ awards. This prestigious event took place on 8 September, at the Courtyard By Marriott Hotel in Mumbai.
The distinguished event was conceptualized by ABP Majha to pay tribute to and acknowledge the remarkable contributions of those that have profoundly enriched the state and society. The inaugural edition of this event witnessed the presence of notable guests, including Uday Samant, the Minister of Industries for Maharashtra, and renowned actress Sonali Kulkarni, who lent grace and prestige to the occasion.
ABP Majha’s ‘Maharashtrache Anmol Ratna’ featured a captivating ceremony that celebrated the accomplishments of deserving individuals and showcased the best that the states has to offer
The esteemed recipients of the ‘Maharashtrache Anmol Ratna’ awards are as follows:
1. Vishal Chordia, Director of Strategy & Marketing, Pravin Masalewale (ONESuhana)
2. Sudhir Mandke, Founding Director & Chairman, Sudhir Mandke Group
3. Capt. Girish Sunil Kamble, Chief Executive Officer, Vayudoot Education Private Limited
4. Shivraj Motegavkar, Chairman and Managing Director, Renukai Career Centre
5. Tushar Kelkar, Director, Crazy Cheesy
6. Dinesh Mangale, Chairman and Managing Director, The Hindavi Group
7. Nitin Laxmanrao Jadhav-Patil, Chairman, The Satara District Central Co-operative Bank Ltd.
8. Satybhamatai Ramkrushana Bangar, Secretary, Pragati Shikshan Prasarak Mandal
9. Sanjay Modgi, Proprietor, Statue Ayurvedic Products
10. Aasma Sayyad, Founder and Managing Director, Zamin Pvt. Ltd.
11. Janardhan Laxman Botre, Founder and Chairman, Shivsamarth Multistate Co-operative Credit Society Ltd.
12. Prithviraj Sayajirao Deshmukh, Founder President, Saraswati Education Society
13. Maruti Yedge, Chairman and Managing Director, My Bhoomi Group
14. Vasant Madhavrao Munde, President, Maharashtra Rajya Patrakaar Sangh
15. Butterfly Funtainments Pvt. Ltd.
16. Dr. Amol Chate, Dr. Chate’s Homoeopathy
17. Simantini Seema Manikrao Kokate, President, Shiv Sarasawati Foundation
18. Vaishali Deshmukh, Director, Kaushalya Academy Latur
ABP Majha’s ‘Maharashtrache Anmol Ratna’ initiative aims to establish itself as an annual tradition, recognizing those who have made substantial contributions to Maharashtra’s society. With this endeavour, ABP Majha continues its commitment to fostering excellence and inspiring others to aspire to greatness.
The event was co-presented By Vayudoot Education Private Limited, Crazy Cheesy, The Hindavi Group, The Satara District Central Co-operative Bank Ltd., and Pragati Shikshan Prasarak Mandal. It was co-powered By Statue Ayurvedic Products, Zamin Pvt. Ltd., Shivsamarth Multistate Co-operative Credit Society Ltd., and Shivjal Group Maharashtra. Saraswati College of Engineering, My Bhoomi Group, Aeon Plan, Butterfly Trampoline Park, Dr.Chate Homeopathy, Saanvad Setu, and Kaushalya Academy Latur were the associate partners. ABP LIVE was the digital partner of the event.
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.
