Cable TV
Sushil Kumar Das leaps up the ladder at converged media solutions provider ABV to chief commercial officer
MUMBAI: After nearly 12 years with the company, Sushil Kumaar Das has landed the top commercial job at ABV International, taking the reins as chief commercial officer for south Asia.
The promotion caps a lengthy tenure with the convergent media solutions provider, where Das previously served as country manager since November 2013. In his new role, he’ll oversee sales, account management and business development across Indian and international markets.
“I am deeply grateful for the trust and confidence placed in me by the leadership at ABV International,” Das announced on social media. “I look forward to contributing to the company’s growth, navigating new challenges, and driving impactful strategies across the region.”
A seasoned hand in the media technology sector, Das brings over 24 years of experience to his new position, with particular expertise in pay TV, digital rights management, conditional access systems, IPTV and OTT platforms. Before joining ABV, he cut his teeth at MagnaQuest Technology, Kale Consultant and Softline Software Services.
With a master’s degree in business administration specialising in marketing and telecom management, plus LinkedIn certification in executive leadership, Das describes himself as “passionate about finding openings and opportunities, delivering results, and building long-term relationships with clients and partners.”
As streaming wars heat up across South Asia and traditional broadcasting models continue their digital transformation, ABV’s new commercial chief will have his work cut out maintaining the company’s position in this rapidly evolving landscape.
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.
