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Times Network hosts India for Kerala Conclave
MUMBAI: Mr. Arun Jaitley, Union Finance Minister said, “My compliments go to the civil society of Kerala which has shown exemplary attitude in helping each other this hours of crisis. Armed Forces have done a tremendous job in the rescue operations. Now the process of providing flood relief is substantial work in progress. All agencies from Central Government are there to fully assist the state of Kerala in trying of rehabilitate the people of Kerala better than what they had earlier. I have asked the insurance companies to settle the claims, the banks to give loans so that people can get a breathing space in rebuilding life. Further aid from the Central Government will be given once the full estimate of the damage is done. I am sure we will see the quality life for the Keralites reinstated.”
Mr. Pinarayi Vijayan, Chief Minister of Kerala said, “Our focus for Kerala is two-pronged. While carrying out relief activities, we are also focusing on the emergence of a new Kerala. Through India for Kerala Conclave, I take this opportunity to make an appeal to each and every one of you to partner with the people of Kerala to rehabilitate and rebuild the lives of those devastated by rain and flood. I hope through this association with Times Network, the message will be conveyed across the length and breadth of the nation” ~
H. E. Shri P. Sathasivam, Hon’ble Governor of Kerala said, “The floods may have rendered us weak for a while, but, our resolve was to strive and not to yield. The Honorable Prime Minister had clarified to me that the Rs.600 crore released by the Centre in addition to the Rs.562.45 crore already made available in the State Disaster Response Fund of Kerala, was only the advance aid and that additional funds will be released from National Disaster Response Fund as per laid down procedure”
Mr. T. M. Thomas Isaac, Finance Minister, Kerala said, “The recent floods have created a frank open discussion in rethinking of the past developments and what could be done jointly in the present. We are thinking about a new edition of ‘Kerala Model’ of development. In our old edition, we have been successful in redistribution process so that everybody gets minimum quality life. If it was expected Rs. 60,000 to 70,000 crores for these developments, now an addition of Rs. 30,000 crore to this has become the need of the hour in expanding and re-building roads and infrastructure after the floods.
Thiruvananthapuram, September 5, 2018: Times Network, part of India’s largest media conglomerate, The Times Group, hosted the ‘India for Kerala Conclave’ at Taj Vivanta, Thiruvananthapuram today. Focused on rebuilding and rehabilitating the State with a new vision, the conclave is an on-ground extension of the #IndiaforKerala campaign initiated by the Network. Inaugurated in the presence of H. E. Shri P. Sathasivam, Hon’ble Governor of Kerala, the Conclave was addressed by key decision and policy makers including Mr. Thomas Isaac, Finance Minister, Kerala, Mr. Shashi Tharoor, Member of Parliament, Lok Sabha amongst others. The Conclave also exhibited support for Kerala from various sectors including Government, Corporates and Mollywood.
Kerala has faced the worst calamity in over a century and the devastation is unprecedented. Rebuilding Kerala has to be a national priority, given the scale of the disaster. The State’s importance as a major tourism destination and its crucial role as a remittances hub and international links makes the action highly visible at the Global level and therefore a great branding opportunity for India to showcase its resilience and indomitable national spirit. The Conclave witnessed interactive sessions with eminent panellists from the political and corporate world deliberating the best possible ways to help the state and its people. There were some thought provoking discussions in sessions that included topics like ‘Rebuilding Kerala – What Will It Take’, ‘Kerala Economy Recast – Aid or Self Reliance’, ‘Citizens for Kerala’, ‘Social Media Impact: Help & Hindrance’ and ‘Reimagining Kerala’. Dignitaries like Mr. Shibu Baby John – RSP Leader, Mr. MK Muneer – IUML Leader, Mr. V Muralidharan – MP – BJP, Mr. Prashant Nair – IAS, Mr. Oomen V Oomen – former Chairman of Kerala Biodiversity Board, Mr. Harish Vasudevan – environmental lawyer, Mr. Rahul Easwar – author & activist, Padma Shri G Shankar – Architect, Mr. Jose Dominic – CEO, CGH Earth, Mr. George Lamannil – Executive Director and General Counsel, Muthoot Group, Mr. Salim Yusuf – South Head Taj Hotels, Mr. Jose Joseph – Executive Vice President at Federal Bank, and well-known personalities from the entertainment industry like Resul Pookutty, Rima Kallingal, Samyukta Menon, Major Ravi, Usha Uthup expressed their views to come together to partner with the people of Kerala to rehabilitate and rebuild the lives of those devastated by rain and flood.
As the citizens of Kerala came together to help each other selflessly, the India for Kerala Conclave also acknowledged the local heroes contribution and efforts. The local heroes felicitated included Air Marshal Suresh-Air Officer Commanding-in-Chief of Southern Air Command, Maj Gen Sanjeev Narain-General Officer Commanding- Karnataka and Kerala Sub Area, Silvadasan Antony-Coastal Warrior, Vijay Sakhare-IPS-IG Ernakulum Range, Rajamanickam-IAS-Commissioner Food Safety along with actor Tovino Thomas.
MK Anand, MD & CEO, TIMES NETWORK said, “At a time, when one of our States is distressed, it is our responsibility as Indians to assist our displaced fellow citizens in every way we can. India For Kerala Conclave is an act of urgency that requires support and solidarity & this conclave is aimed to find robust solutions to rebuild the lives of the people of Kerala. I’m sure through collective efforts, we will not just be able to provide succour to the affected, but also lay the foundations for a better Kerala and more importantly create a model of National cooperation and fraternity that will be the basis of a stronger India. We at Times Network pledge to keep the narrative in favour of this spirit of solidarity.”
H. E. Shri P. Sathasivam, Hon’ble Governor of Kerala said, “The floods may have rendered us weak for a while, but, our resolve was to strive and not to yield. The floods have left with many lives lost and destruction to properties. Farming sector has been washed away and the many developmental initiatives were rendered to a halt. We estimate around Rs.10,000 crore to rebuild our damaged roads and bridges. The Honourable Prime Minister had clarified to me that the Rs.600 crore released by the Centre in addition to the Rs.562.45 crore already made available in the State Disaster Response Fund of Kerala, was only the advance aid and that additional funds will be released from National Disaster Response Fund as per laid down procedure. Today, the entire world stands with us and help is pouring in to Kerala, not just from our own people, but from other governments, corporates, workers, entrepreneurs, religious institutions, media houses, celebrities and even from the piggy-banks of our little children from around the country. We are extremely grateful to all and let me assure the world that we will prove worthy of your trust by rebuilding a Kerala that the world would admire.
Mr. T. M. Thomas Isaac, Finance Minister, Kerala, said, “The recent floods have created a frank open discussion in rethinking of the past developments and what could be done jointly in the present. We are thinking about a new edition of ‘Kerala Model’ of development. In our old edition, we have been successful in redistribution process so that everybody gets minimum quality life. If it was expected Rs 60,000 to 70,000 crores for these developments, now an addition of Rs 30,000 crore to this has become the need of the hour in expanding and re-building roads and infrastructure after the floods. The other concern is the damage the floods been done to the traditional industries of the state like Chendamangalam weaving and to Aranmula Mirror. Their living ways were destroyed and it is a concern of how to rebuild their lives as well”.
Mr. Shashi Tharoor, Member of Parliament, Lok Sabha, said, “People of the state of Kerala beyond caste, religion, and politics came together during the flood operation. The youngsters did commendable work in spreading the word on getting help both on social media and on-ground. On the UAE aid controversy, I would like to clarify that there are far richer countries than India, which have accepted such aids. Even there is a written policy by the Narendra Modi government in 2016, which states that we can accept the aid offered by a foreign country but may not appeal for it. Kerala needs more financial support and more help in rebuilding the state. Kerala should consider the Bhuj Model of hosting a Rebuild Kerala Conference to bring in money and help in grands, loan or charity in helping the state. During the earthquakes in Bhuj 2001, Gujarat could raise Rs 1.7 billion partly in loan and grand for helping the state. But for that we need a credible assessment and hence I suggest, we seek help from the international agencies like UN in studying the destruction caused and based on it we can arrange conclaves in creating a new Kerala.”.
Times Network urges individuals and companies to come forward to join the campaign #IndiaforKerala to help their fellow Indians to rehabilitate, resettle and re-build Kerala to its glory. Continuing with its efforts, citizens can donate funds in form of cheques, in favour of “Times Foundation” to Times Foundation, 10, Daryaganj, New Delhi – 110002 or NEFT/RTGS. The collected amount will be donated to the Kerala CM’s Distress Relief Fund. Further details on the donation process can be accessed at www.timesnownews.com/IndiaForKerala
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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.
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.
