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Exclusive political debate with Chief Minister creates huge media buzz at Lokmat Maharashtrian of the Year Awards 2018

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Mumbai: Lokmat, Maharashtra’s and Pune’s Number 1 newspaper, hosted the 5th edition of its highest platform of recognition – ‘UPL presents Lokmat Maharashtrian of the year Awards 2018 powered by Money Trade Coin Group. This initiative by Lokmat honored the most exceptional work done by individuals in their respective sectors. Power packed with eminent political bigwigs, it witnessed 1st time Shri Devendra Fadnavis in an explosive interview with Mr. Sanjay Raut, Executive Editor, Dainik Saamna. The event with 360 degree marketing is one of the sought after and well attended events in Mumbai which boasts of 70 nominees, 17 winners, 15 jury members, 4500 audience backed by 1st of its kind unique content in the presence of people as Piyush Goyal, Akshay Kumar, Kareena Kapoor Khan, Ravi Shastri, Shreya Ghoshal amongst others.  The event got a multimedia presence amplified in print, digital, outdoor, PR and TV. The awards received an overall 360 degree media reach of 150 MN and online voting of 2.2 MN. #MaharashtrianoftheYear was trending for 24hrs with a reach of 20 MN on Twitter. The event was executed by Taplight.

Winners of 2018 –

Sr. No.

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Category

Winner

1

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Maharashtra Bhushan

Piyush Goyal

2

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Power Icon

Kareena Kapoor

3

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Social Influencer

Akshay Kumar

4

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Maharashtracha Abhimaan

Ravi Shastri

5

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Lifetime Achievement

Dr. D. Y. Patil

6

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Social Service

Dinkar Kamble

7

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Social Service

Shantilal Muttha

8

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Sports

Aakanksha Hagawane

9

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Theatre (Male)

Chandrakant Kulkarni

10

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Theatre (Female)

Rutuja Bagwe

11

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Film (Male)

Sumeet Raghavan

12

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Film (Female)

Sonali Kulkarni

13

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Film (Female)

Sumitra Bhave

14

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Performing Arts

Shreya Ghoshal

15

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Medical

Dr. Milind Kirtane

16

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Business

Rahul Dhoot

17

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IAS – Promising

G. Sreekanth

18

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IPS – Promising

Abhinav Deshmukh

19

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Powerful Politician

Dhananjay Munde

20

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Powerful Politician

Poonam Mahajan

21

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CSR

Procter & Gamble

Esteemed jury for the 2018 award ceremony included Mr. Prakash Javdekar (Union Minister), Shri Prithviraj Chauhan (Former Chief Minister of Maharashtra), Padma Shri Dr. Abhay Bang renowned social worker, Dr. Rajendra Bhadwe (Oncologist), Mr. Vikram Shroff (Executive Director, UPL), Dr. Bhalchandra Mungekar (Former MP, Economist & Ex-Vice Chancellor), Mr. Prasoon Joshi (Chairman of the Central Board of Film Certification), Mr. Raj Nayak (CEO Colors-Viacom 18), Mr. Anu Malik (Music Director), Mr. Ajay-Atul (Music Director-Composer), Mr. Rahul  Joshi (Group Editor, Network 18), Ms. Nivedita Saraf (Marathi Actress), Mr. Ravi Jadhav (Film Director) Mr. Ayaz Memon (Sports Journalist) and Mr. Vijay Darda, Member of Parliament, Rajya Sabha (1998-2016) & Chairman – Lokmat Media Group). 

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Founder of LMOTY – Mr. Rishi Darda, Joint Managing & Editorial Director, Lokmat Media Group said, “Lokmat Maharashtrian of the Year Awards is a true testament of the dedication and sheer hard work of people who emerge winners due to their contribution in that area. With a huge round of expectation from our readers and partners, this event brings people from sports, lifestyle, cinema and politics on one platform bringing out the best in each one of them through candid conversations. The interview of Shri Devendra Fadnavis, prior to elections, has been one of the most viral videos from the event and has taken the social media by storm. Content and great engagement with readers is something that Lokmat stands for. ”  

“I am extremely delighted that we have honored the eminent personalities who are drivers of change in Maharashtra through Maharashtrian of the year. The awards are a testimony of the positive impact made by individuals to promote Maharashtra on the national and global platform and from UPL we are happy to be part of this uniquely prestigious property that involves great level of public voting as well as a jury shortlist process. Apart from print of Lokmat, the property is amplified in other media and through noteworthy alliances which gives us a widespread visibility.” said Mr. Jai Shroff, Global CEO, UPL – Presenting Sponsor.

Partners of the event were – Presenting partner – UPL, powered by Money Trade Coin Group, investment partner – IIFL, realty partner – Sai Estate Consultant, jewelry partner – Goodwin, outdoor partner – Bright Outdoor, associate partner – New India Assurance, intellectual partner – Crossword, radio partner – 92.7Big FM, mobility partner – Ola and TV news partner – ABP News and ABP Majha. The TV partners of the event – ABP News and ABP Majha telecasted a special episode on April 15th to show the highlights of the event for a larger TV audience.

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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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