Cable TV
Hathway launches ‘Broadband Movies’ for its subscribers across India
MUMBAI: Hathway Cable and Datacom is expanding its business. The multi system operator (MSO) has now entered into the movie streaming service. With this, the Hathway broadband customers will be able to watch high quality movies on multiple devices like smart- TVs, PCs, laptops, tablets and mobiles. This subscription service, sourced from Eros Now’s exclusive library, will be available to Hathway broadband customers across the country.
After setting industry benchmark by offering 50 Mbps as the default minimum speed for broadband in Mumbai, Pune, Bangalore and Hyderabad, Hathway is now foraying into value-added services to help the customers fully enjoy the benefits of their high speed Hathway broadband.
“Broadband Movies is our endeavour to provide consumers with meaningful services to make the most of their high speed connection in a completely legal and secure manner,” said Hathway MD Jagdish Kumar.
“50 Mbps speeds are essential for delivering the HD quality videos that are available through the library of Eros Now,” he added.
Hathway chief operating officer broadband Kunal Ramteke said, “On demand video consumption and multiple device access are no longer emerging trends, they are here and a reality. Our strategy is to deliver a holistic broadband experience. We do not just provide the connectivity but also deliver relevant services, which make the most of our 50 Mbps high speed broadband offering.”
The broadband movies service is available for Hathway’s broadband customers across the country.
The service is being launched with a two months free viewing period for any Hathway customer and will be available with a monthly subscription based pricing for unlimited viewing of movies.
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.
