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Polls apart: NDA leads as Bihar warms up to vote

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MUMBAI: It’s polling season in Bihar, and the numbers are already making noise. As the state gears up for its high-stakes election, India News and Newsx have joined hands to take the electorate’s temperature, and the results are sparking plenty of chatter.

Their two-phase Bihar opinion poll, conducted in partnership with Ians–Matriz, offers an early snapshot of the political battlefield. The survey gives the NDA a clear lead with 49 per cent of the vote share, while the Mahagathbandhan trails at 36 per cent, and others stand at 15 per cent. Development has emerged as the top voter priority, leaving caste and religion in the rear-view mirror.

The poll dug deep across Bihar’s heartland, from Patna and Muzaffarpur to Gaya, Purnia, and Bhagalpur, capturing both urban buzz and rural voices. Beyond numbers, it decoded what’s driving Bihar’s electorate: leadership credibility, alliance chemistry, and Narendra Modi’s continuing influence.

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“The Bihar Opinion Poll reflects the authentic voice of the people,” said India News managing editor Rakesh Singh, adding that the channel aimed to deliver an unbiased, data-backed pulse of the state. Newsx & Newsx World editor-in-chief Rishabh Gulati, noted that the project went “beyond speculation” to analyse why voters are thinking the way they are.

Aired on 6 October at 7 pm, the broadcast generated strong engagement and debate across social media, as analysts and party watchers dissected what the trends could mean for the final verdict.

Meticulously researched and sharply presented, the India News–Newsx Bihar opinion poll has set a new benchmark for pre-election coverage, turning raw sentiment into smart insight, and giving voters a mirror to their own political mood.

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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.

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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.

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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.

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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.

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