News Broadcasting
News18’s L’Aspiration Summit brings Royalty, History, Food, and Fashion together in Udaipur
Mumbai : Earlier this week, News18 network hosted the L’Aspiration Summit at Udaipur’s historic Durbar Hall. Through wide-ranging discussions on heritage, fashion, cuisine, and culture, the summit provided a unique perspective on changing lifestyles as well as the contemporary definition of luxury and royalty. Former royals from Udaipur, Sirohi, Jaisalmer, and Rewa (Madhya Pradesh) attended the event, as did celebrities from the entertainment, fashion, and culinary industries.
During the “Breaking Barriers” session, News18’s Amish Devgan and actress Saumya Tandon interviewed Maharaj Kumar Lakshyaraj Singh Mewar. Lakhsyaraj Mewar emphasised the historical significance of the Summit’s venue, Durbar Hall, where the first steps towards India’s liberation were taken. He also spoke at length about the Mewar royal family’s role in integrating various princely states into India, as well as in advancing various social causes such as girls’ education.
He also emphasised the importance of cultural heritage, including one’s linguistic heritage, and stated that everyone should be proud of their history and culture. He believes that social media has provided a window into the private lives of former royals while also allowing them to connect with the outside world, and that “time” is the true luxury that one can have.
The session “Redefining Royalty” featured Maharaj Daivat Singh of Sirohi, who spoke extensively about how sustainable living should become a cornerstone of everyone’s lifestyle today, and how it is both important and a luxury in today’s world. He also discussed how luxury tourism in a specific region helps the local economy. The benefits of heritage tourism were highlighted by Maharaj Vikram Singh of Jaisalmer, who described how the definition of luxury is changing over time.
Miss India 2020 runner-up Manya Singh said she views luxury through the prism of what makes her feel comfortable. She also talked extensively about her own experience breaking into the fashion industry despite coming from a very conservative and disadvantaged family, emphasising how vital it is to dream big, gain confidence, and never give up on your passion. described comfort as luxury and emphasised the value of staying true to oneself.
Princess Mohena Singh and Prince Divyaraj Singh of the Rewa royal family were featured in the “Rooted and Resilient” session. They discussed how former royal families must balance legacy and modernity today. Princess Mohena Singh also discussed the critical importance of sustainable lifestyles, stating that in today’s world, access to clean air has become a luxury.
In the session ‘Regal Spread’ session, celebrity chef and winner of Masterchef India Shipra Khanna said that luxury can be viewed from many different lenses – money, time etc. She also discussed the importance of Ayurveda and how ingredients like ginger, black pepper, and turmeric can be used not only in cooking but also in treatments.
“We apply gold and silver varak to sweets to make them look royal. Hindustani cuisine today is being served in the US, UK, Spain, Muscat, and Oman. We are running towards the west, whereas there are so many recipes available in India that we can offer to the world.” she said.
During the ‘Queen or Hearts’ session, actress Saumya Tandon stated that luxury is having the ability to make your own decisions. Reminiscing about her childhood, she mentioned how poets such as Shivmangal Singh Suman had a big influence on her. “I remember writing my first poem when I was six years old after witnessing a wedding and a funeral together,” she explained. When asked about the future of luxury, she emphasised the importance of a local connection.
The Summit concluded with an enthralling session on royalty and poetry by renowned poet and actor Shailesh Lodha, who spoke about how kings and emperors used to support poets. He went on to say that poetry is as close to his heart as acting is to his body, and that it will always be important for society. Recognizing that poetry pays well today, he shared that he was happy to break the traditional mould in which poets were cast and to re-invent the idea of a kavi as someone who could be very high on the style quotient.y to re-invent the idea of a kavi as someone who could be very high on the tyle quotient.
The second edition of the L’Aspiration Summit brought together diverse perspectives on luxury, heritage, and culture, as well as highlighting the evolving trends in the luxury space.
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.
