Cable TV
INCableNet to air ‘Ganpati Visarjan’ live
MUMBAI: The Hinduja Group MSO INCableNet announced today that it will be telecast the Ganapati Visarjan live from Girgaum Chowpatty on 20 September 2002.
'The channel, which has been telecasting the event for the past seven years, will broadcast the event using state-of-the-art technology with an 8-cameras setup at Girgaum Chowpatty, an official release says. It will also hold exclusive interviews with dignitaries who visit the immersion site . The live transmission will commence from 12 noon and will continue till the wee hours of the morning when the last idol is immersed.
'In another initiative, forindia.com a horizontal portal from the Hinduja TMT stable, will make available the live webcast of the immersion to cater to global audiences.
The Ganpati Festival is celebrated throughout Mumbai with passion and zeal, with thousands of Ganpati devotees thronging the streets to catch glimpses of the idols which are finally immersed amidst chants of Ganapati Bappa Morya, Pudhchya Varshi Lavkar Yaa.
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.
