Cable TV
Hathway announces ‘Best Buy’ scheme for South Delhi after CAS rollout
NEW DELHI: MSO Hathway Cable and Datacom Pvt. Ltd., announced its ‘Best Buy’ value package scheme for the recently launched conditional access system (CAS) in South Delhi on 23 December.
Hathway’s Best Buy will be priced at Rs 199 comprising all pay channels and will come with a discount of 60 per cent to the subscribers. This 33-pay channels package will cover all genres for a wholesome family entertainment at an extremely affordable price.
According to an official release, apart from the best buy package, Hathway will also offer all pay channel bouquets and individual pay channels on a la carte rates where the subscribers will have the option to choose from the bouquets or individual pay channels.
Hathway is also currently offering 60 free-to-air channels, which includes news, general entertainment, sports, music and regional channels at the basic cable TV rate.
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.
