Cable TV
JAINHITS strengthens its position in southern India
NEW DELHI: Wayknow Media Village India will be the Distribution Partner (DP) for JAINHITS signals in all the districts of Kerala and Lakshadweep, with immediate effect. The move will help the two strengthen the reach and visibility in south.
JAINHITS head Rakesh Gupta said, “Wayknow Media Village India is one of south India’s most trusted names in the cable operators fraternity. We were looking for a partner who could complement our offerings with its commitment and reach. We welcome them on board and look forward to provide JAINHITS services through them to the people of Kerala and Lakshadweep.”
Wayknow Media Village India will cover all the major districts and key towns of Kerala and Lakshadweep, namely Kasaragod, Kannur, Wayanad, Kozhikode, Malappuram, Palakkad, Thrissur, Ernakulam, Idukki, Kottayam, Alappuzha, Kollam, Thiruvananthapuram and Pathanamthitta.
Wayknow Media Village MD Koraliyil Nafsal Rameez said, “We are committed to serving our customers with best services at an affordable price. Since the state is prone to gale force winds, storm surges and cyclone-related torrential downpours, DTH services are not successful in the state. Now with JAINHITS, who is technologically superior in terms of offering uninterrupted transmissions in all weather conditions, will strengthen our commitment and enhance our offerings for this weather sensitive market.”
Wayknow Media Village MD C R Subramanian added, “We were in search of a partner who could help us comply with all the regulatory formalities and serve customers better with a wide choice of channels and services. The partnership with JAINHITS was the best choice in this direction since JAINHITS provides a superior technology based simple “Plug & Play Cost Effective Digitisation Solution” to cable operators across India.”
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.
