Cable TV
Hathway to live telecast Mumbai’s Ganesh festivities across India
MUMBAI: In a first of its kind initiative, multi system operator (MSO) Hathway will live telecast the festivities of Ganesh Utsav 2015 across India.
Hathway will telecast 24×7 all the action from the six most prominent Ganesh Mandals of Mumbai city from 17 – 27 September, 2015.
A special, dedicated channel no. 47 on Hathway will broadcast celebrations across the city of Mumbai through the 11-day period till the big Visarjan Day.
The six Ganesh Mandals are: Lalbaugcha Raja, Ganesh Galli, GSB Mandal – Ram Mandir (WADALA), Sidhivinayak Mandir, Khetwadi – 12th Galli and Dagaduseth – Pune. On the 11th day, Hathway will also air the Visarjan live from Mumbai’s Chowpatty.
It may be recalled that earlier, Shemaroo Entertainment had also acquired the rights for live video content distribution of Lalbaugcha Raja across mobile platforms.
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.
