News Broadcasting
Mallikarjun Kharge at ABP ‘Shikhar Sammelan’: BJP repeats lies until they are believed as truth
Mumbai: Congress leader and leader of the opposition in Rajya Sabha, Mallikarjun Kharge candidly addressed critical issues and priorities facing the nation in an insightful session at the ABP ‘Shikhar Sammelan’. Speaking about Bharatiya Janata Party, Mallikarjun Kharge said, “BJP repeats lies until they are believed as truth. Many promises like two crore jobs, 15 lakh rupees, double MSP for farmers, and increased scholarships for students remain unfulfilled. Modi ji is a marketing genius, focusing solely on infrastructure while ignoring unemployment. We must check ground realities, not just believe TV ads.”
“Congress is not in the habit of telling lies. In India, where there was no power to produce a needle, we made rockets here. We fought with Pakistan, and liberated Bangladesh,” he added.
Kharge on BJP’s accusations of corruption and nepotism in Congress, commented, “BJP cleans its image using a ‘washing machine’ when caught in scandals. After 1989, no family members from the Gandhi family has become prime minister, chief minister, or held significant positions. BJP’s attacks a family that sacrificed their lives for the country. Youngsters don’t know why Indira Gandhi was killed. They just know what Modi is saying and believe that. The Congress party built India’s foundations; BJP just advertises on clean sheets.”
Reflecting upon Congress’ handling of election pressure, Kharge said, “If faced with unlawful actions, we must resist to protect fundamental rights and democracy. BJP leaders like Nirmala Sitharaman (minister of finance of India) claim financial shortages despite massive donations. They target the opposition with penalties, locking our accounts, and creating an unfair playing field. Modi ji’s priorities seem to be misplaced, focusing on trivial matters while ignoring serious issues like law and order problems in Manipur. BJP benefits most from electoral bonds and misuses institutions like ED and CBI. Their actions resemble deception rather than governance.”
Speaking about why many leaders from the opposition and Congress are joining the BJP, he said, “Some leaders leave despite getting what they want, showing they lack ideological commitment. Our focus is on uniting and strengthening India, regardless of the number of supporters.”
Speaking about the chances of the INDIA alliance winning the next election, Kharge said, “We acknowledge challenges in alliance management but emphasise unity for democracy’s sake. We are determined to win the necessary seats to defeat BJP’s dominance. We highlight BJP’s failures compared to our contributions post-independence. BJP’s promises like job creation and increased income for farmers remain unfulfilled, while they suppress dissent and focus on fear tactics. Our alliance prioritizes democracy, constitution, and citizens’ rights over personal ambitions. We aim to eradicate BJP’s ideology for a better India.”
The ‘Shikhar Sammelan’ crystallised ABP News’ unwavering commitment to invigorating democratic dialogue and fostering an informed electorate poised to shape the nation’s destiny. As the herald of democracy reverberates across the land, ABP News remains steadfast in its mission to illuminate the path forward, emboldening citizens with the power of knowledge and civic engagement.
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.
