News Broadcasting
TIMES NOW suspends its election results coverage on 2 May
MUMBAI: In an unprecedented move, English news channel Times Now on Saturday announced that it will suspend its coverage of Assembly elections results for four States and one union territory on 2 May, citing “the biggest health emergency” that the country is facing.
The Times Group-owned channel said that it will track the “biggest national story”- keep COVID news as its main priority and suspend its usual special election coverage ‘on 2 May and beyond.’
“As part of the coverage, viewers can expect COVID-related news reports, the latest on the status of the vaccination drive, information on helplines, and can interact with healthcare and mental wellness experts on the channel,” it stated in a social media post. However, it will still carry flash news updates on the counting and results, but refrain from covering poll-related celebrations.
India’s Election News HQ, TIMES NOW suspends Counting Day coverage on May 2 to focus on COVID-19 pandemic. pic.twitter.com/KdrWY8ylrn
— TIMES NOW (@TimesNow) May 1, 2021
“The second wave would have been better controlled had we avoided two of the mega risk events – Kumbh Mela and elections in five states in normal campaigning mode. But, as the wave keeps climbing, with it claiming more innocent lives, it is clear that there has been a serious lapse in leadership at all levels- across the political spectrum,” the channel averred expressing concerns over the deteriorating situation and said that it has been vocal against these lapses.
TIMES NOW suspends its election results coverage for 4 States & 1 UT on May 2. pic.twitter.com/dV19Q3tN6N
— TIMES NOW (@TimesNow) May 1, 2021
After the final phase of polling for West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry assembly elections got over, all eyes are now set on 2 May when the counting of votes will take place for the four states and one UT. As many as 822 seats out of 824 scheduled for election went to poll between March 27 and April 29.
However, the results have been overshadowed by the massive surge in Covid2019 cases and the resultant oxygen shortage at hospitals which has put the lives of millions of Indians at risk. The country is facing one of the biggest health crises, as daily cases crossed an unprecedented 4 lakh on Saturday. As many as 3,523 more people succumbed to the infections during the last 24 hours, taking the total death toll to 2.11 lakh.
A staggering 69 lakh new infections were detected in the country during April when campaigning for the Assembly elections was on in several states. This was the highest tally for any month in any country so far- another dismal global record, raising a question mark on conducting regular elections during the crisis.
News Broadcasting
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.
