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Modi 3.0 Budget to take centre stage at ABP News’ “Shikhar Sammelan – Bharat Ka Budget”
Mumbai: ABP News is gearing up to present “Shikhar Sammelan – Bharat Ka Budget,” a highly anticipated conclave focusing on the newly elected Modi 3.0 government’s inaugural Union Budget for the fiscal year 2024-2025. Scheduled for 24 July, this premier event will bring together distinguished leaders, industry experts, and engaged citizens to explore the budget’s implications on the economy and various sectors. Known for its thorough governance analysis, the Sammelan promises to be a dynamic forum for critical discussion and expert insights.
The event will feature a diverse array of speakers, including prominent figures from the government, industry, and experts, who will provide in-depth analyses of the budget and its ramifications on economic growth, agricultural development, energy policies, infrastructure, healthcare, and education, among other areas. Experts will also examine how the budget addresses immediate needs while laying the groundwork for sustainable development.
The leaders will further engage in detailed discussions about the budget’s allocations and its potential impact on India’s economic landscape. Key topics will include tax reforms, infrastructure investments, healthcare funding, education initiatives, and measures to boost employment.
ABP News’ Shikhar Sammelan – Bharat Ka Budget offers a unique platform for the public to gain valuable insights into the perspectives and plans of both the ruling party and the opposition regarding the Modi 3.0 government’s first budget for the FY 2024-2025. Attendees will have the opportunity to hear directly from policymakers and experts, gaining a clearer picture of the country’s future economic direction.
Stay tuned to ABP News for live coverage and updates from Shikhar Sammelan – Bharat Ka Budget.
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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.
