Cable TV
Fifteen cases for extension of Phase III DAS, Rathore says digitization nearly over in most parts
New Delhi: Parliament was told today that cases had been filed or were still pending in around fifteen cities or states seeking extension of the deadline of 31 December 2015 on the ground of shortage of set top boxes with regard to Phase III of Digitization Addressable System.
Minister of State for Information and Broadcasting Rajyavardhan Rathore told the Rajya Sabha that courts in these places had either granted extension of two months or dismissed the petitions with the directions not to disconnect the cable TV network operated by the petitioners and allowed them to operate in analogue system for two to three months
These included Andhra Pradesh, Telangana, Nashik, Orissa, Chandigarh, Allahabad, Indore, Kerala, Chhattisgarh, Jaipur, Karnataka, Guwahati, Kolkata and Shimla etc.
In its order, the Bombay high court had said: “Since the Andhra Pradesh high court and Sikkim high court have passed an order of status quo, in view of the observations made by the apex court in the case Kusum Ingots & Alloys Ltd. Vs. Union of India [(2004) 6 Supreme Court Cases 254] and more particularly, paragraph 22 of the said order, the question of grant of interim order does not arise in this case.”
The Hyderabad high court in the Telangana and Andhra Pradesh cases further extended the stay for 4 weeks beyond 29 February.
The minister said that the Government was defending all the cases and had also filed a transfer petition in the Supreme Court.
Meanwhile, Rathore said digitization has almost been completed in the states of Arunachal Pradesh, Assam, Meghalaya, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Kerala, Karnataka, Jammu & Kashmir, Maharashtra, Nagaland, Punjab, Sikkim, Uttrakhand, West Bengal and Andaman & Nicobar according to information received from stakeholders.
The data provided by the multi system operators (MSOs), direct to home (DTH) and HITS operators shows that digitisation in Andhra Pradesh, Jharkhand, Chhattisgarh, Odisha, Rajasthan, Uttar Pradesh, and Dadra and Nagar Haveli is nearing completion. In other states and Union Territories it is yet to be fully achieved.
He said that public awareness campaigns were launched in print and electronic media to ensure timely completion.
Since involvement of state governments was crucial for the implementation of digitization, 13 orientation workshops for state and district level nodal officers were held at both central and regional levels. Twelve regional units were established for coordination. Toll free helpline was made operational. A management information system (MIS) was developed wherein MSOs, DTH and HITS operators were entering the details of area wise seeding of STBs at least once a week.
A total of 727 MSOs had been issued registration till 21 February and regular monitoring of progress was made.
Referring to earlier phases, he said it had been completed in Delhi, Kolkata, and Mumbai had been completed on 31 October 2012, except in Chennai since some court cases are pending there.
Phase-II of the cable TV digitization which covered 38 cities having the population more than 10 lakh has been completed by 31 March 2013 except in Coimbatore where some court cases are pending.
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
