News Broadcasting
ABP Network Partners with RHA India to serve 30 Million Meals
Intent on combatting the ongoing hunger crisis, ABP Network has partnered with Robin Hood Army (RHA) – a volunteer-based, zero-funds organisation – for their national campaign #Mission30M. This initiative seeks to serve 30 million meals to people most affected by hunger-related issues across rural and urban areas.
The Global Hunger Index 2019 ranks India as suffering from a “level of hunger that is serious”[i]. COVID-19 has aggravated this situation. A new report published by Oxfam estimated that 122 million more people could be pushed into starvation this year because of the pandemic’s economic fallout[ii]. Given the gravity of the situation, ABP Network has associated with RHA in helping hungry people across geographies.
#Mission30M is the largest food relief campaign organized by civil society. Through this, Robin Hood Army is bringing together corporates, media houses and volunteers across 200 cities in 10 countries. All volunteers will be following government, health and safety guidelines, along with social distancing norms, to ensure safe and secure deliveries. RHA is a voluntary-based, zero-funds organisation that works to get surplus food from restaurants and the community to serve less fortunate people.
ABP Network is helping RHA promote this initiative via the strength and reach of its national and regional channels – ABP News, ABP Majha, ABP Ananda, ABP Asmita, ABP Sajha and ABP Ganga – and its digital platform ABP Live, encouraging and inspiring people all across the country to join the common cause. ABP anchors are also using their social media handles to extend support and increase the initiative’s reach.
Speaking on the occasion, Avinash Pandey, CEO – ABP Network said: “Due to the varied ramifications of COVID-19, hunger has tightened its grip worldwide. These times remind us that nothing is more meaningful than serving society. As a responsible network, we cherish our duty towards society and stand committed to dedicating ourselves in the nation’s service in every way. We are supporting this initiative to spread compassion during this challenging period. I hope more individuals and institutions join our cause.”
Previously, ABP Network had collaborated with RHA for Senior Patrol – a movement that helped provide essentials to the most senior and susceptible members of society amid the COVID-19 crisis; The Mega-Christmas Food Drive of 2019; and the special Khaibar Pass Food Festival initiative, which involved distributing extra food from the festival to those in need. Through such significant initiatives, RHA has emerged as a powerful agent of change in Indian society.
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.
