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“India’s voice is going to be incredibly important,” says Liz Truss at ABP Network’s “Ideas of India” summit
Mumbai: The second edition of ABP Network’s “Ideas of India” Summit 2023 is being organized on the topic “India and the World, The New Power Play.” The summit has brought together policymakers, cultural ambassadors, industry experts, celebrities, and business leaders to discuss the critical role of India during the global churn and changing dynamics. ABP Network is a multi-language channel reaching 535 million individuals in India therefore this summit provides one of the biggest platforms for the brightest minds across various sectors to express their views.
“In India, we see the greatest hope for our future, a free democracy that is growing rapidly, a country of pluralism, a country where free speech and the ability to get things done are improving all the time,” said former British prime minister Liz Truss. Speaking at the ABP Ideas of India summit, she said she supported a greater role for India as a key global player and that India should become a permanent member of the UN Security Council.
The second edition of ABP Network’s “Ideas of India” Summit is being held on the theme “Naya India: Looking Inward, Reaching Out.” Reiterating India’s position as an emerging global economic superpower, Truss said India needs to make the case and fight back against capitalism. “We should work more closely economically, we should work closely together on security and deepen our relationship with India,” she said.
Commenting on India’s role in the new power play, Truss said, “India and UK need to back each other more closely on trade, and investment and need to make sure both the countries work together on critical supply chains. We are investing more in green energy, like solar panels. These economic decisions will affect freedom and democracy in future. We are looking forward to the India-UK trade deal finishing as soon as possible.” She further added that the next few years will be very crucial for our security and democracy and India’s economic clout is equally important. India has grown significantly in past years and security is a very critical part of it.
Expressing her confidence in India’s capabilities, Truss said, “India has a huge cultural and economic influence on Britain. I want India to do even more using the dynamism and opportunity this country is creating.”
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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.
