News Broadcasting
ABP Network’s ‘Ideas of India’ Summit 3.0 opens with spectacular focus on people
Mumbai: In the year of India’s 18th general election, ABP Network’s flagship event ‘Ideas of India’ Summit 3.0 launched to an enthralling opening, celebrating the spirit of democracy and plurality while converging many ideas of India.
Representing India’s business world, Mahindra Group group CEO and MD and FICCI president Dr Anish Shah took stage to share his perspective on the pivotal role industries and enterprises will have to play for accelerating national growth and economic prosperity.
Dr Anish Shah remarked, “Over the next seven years, Indian GDP will add as much to the global GDP as the entire European Union combined.”
Deliberating upon the topic ‘Viksit Bharat: The Road to 2047’, Mahindra Group group CEO and MD and FICCI president Dr Anish Shah expressed, “The Union Budget has prioritized economics over politics, adopted fiscal discipline and invested more in capex. The RBI has done a stellar job in containing inflation. Infrastructure is being massively developed to make manufacturing competitive in India. To make this vision a reality, each one of us has to play a role.”
Setting the goals for the industry, Dr Anish Shah, remarked “India envisions to be a 30 trillion economy by 2047 to be a Viksit Bharat. This means manufacturing should be 25 per cent of GDP. We should be more ambitious and make manufacturing grow 16 times and exports grow 11 times.”
Setting the spotlight on the people with the Summit theme “The People’s Agenda”, the two-day-long intellectual discourse was set around how India can leverage its population potential to reinforce its leadership position globally on the way to becoming a developed economy.
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 posts Rs 1,955 crore revenue, narrows FY26 losses
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.
