News Broadcasting
ABP rebuffs link between its report and migrant gathering
MUMBAI: ABP News Network has rebuffed any link between a mob gathering at Mumbai’s Bandra West station and a story shown in its Marathi news channel ABP Majha as "entirely misconceived and being circulated with the sole intention of maligning the channel.”
ABP Majha ran a news story on Tuesday morning suggesting that the railways may run special trains for migrant labourers to return to their hometowns. The story was broadcasted hours before prime minister Narendra Modi’s address to the nation extending the lockdown till 3 May.
“There is no denial of the railway ministry’s letter of 13 April 2020 recommending running of trains to return migrant labourers to their hometowns,” says the network’s spokesperson in a statement. However, minutes after PM Modi’s declaration of lockdown extension, the channel had run a story about the cancellation of trains and refunds till the extended lockdown ends, the statement also states.
“Subsequent to PM Modi’s announcement at 10 am of the continuation of the lockdown and announcements thereafter from the ministry of railways with regard to cancellation of trains and refunds till 3 May, we ran multiple stories, shortly after the ministry’s announcement from 12.30 – 1.30 pm, on our channel clearly announcing that no trains will be running,” says the network. This story, it says, negated its morning one.
“There is no conceivable way in which the crowds that gathered at the Bandra West station from around 3.45 pm can be linked to our (ABP Majha) stories,” says the network’s spokesperson.
ABP Majha reporter Rahul Kulkarni has been arrested for spreading misinformation and deceiving people. The network, expressing shock and dismay about his arrest, said it “will be taking necessary and immediate steps in law.”
The network further added: “We would like to say that before journalists are arrested there should be due verification of all facts and circumstances.”
The senior journalist, meanwhile, has been granted bail by the court.
As media has been put under the essential services category during this unprecedented crisis, the spokesperson in its statement says: “We can say with full confidence that we have not deviated from practices of responsible journalism, and make every possible good faith endeavour to ensure the accuracy of our information and news from credible sources before broadcasting the same.”
Supporting ABP News Network and its channel’s report, News Broadcast Association president Rajat Sharma, requested Maharashtra chief minister Uddhav Thackeray to drop the charges and release the senior journalist Rahul Kulkarni. The president also urged the state government to instead file a complaint before the News Broadcasting Standards Authority (NBSA).
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.
