Cable TV

Den Networks’ Q4 subscription revenue down 15% to Rs 190 crore

Activation revenues have grown by 24 per cent.

https://indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/04/20/den.jpg?itok=Ec8tXFan

KOLKATA: Multi-system operator Den Networks has reported consolidated net profit at Rs 33.89 crore for the fourth quarter of financial year 2021 (FY21), a 50.56 per cent rise year-on-year basis. 

Revenue from the operations stood at Rs 320.79 crore from the quarter, sharply declining from Rs 1195.48 crore in the same quarter a year ago. Total income also declined, down 3.49 per cent at Rs 355.52 crore during the quarter under review as against Rs 368.39 crore in the same period a year ago.

The company’s consolidated EBITDA was at Rs 65 crore at the end of Q4, a marginal increase from Rs 64 crore during the corresponding period of FY20.

Den’s cable operations cover over 500+ cities/towns across 13 key states in India. While the cable business was incorporated in 2007, Den Broadband Ltd was incorporated in 2011. The company has its registered office in New Delhi. At present, it has enabled fixed broadband services across 41 cities or towns in India.

However, the operator has seen a huge decline in subscription revenue tumbling to Rs 190 crore, a 15 per cent degrowth year-on-year from Rs 222 crore. Activation revenues have grown by 24 per cent to reach Rs 34 crore compared to Rs 21 crore in the same quarter last year.

Latest Reads

https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/07/22/hathway.jpg?itok=9Igtn9Xm
Hathway Cable and Datacom Q1 FY23 revenues at Rs 447.2 crore

Mumbai: Hathway Cable and Datacom on Friday reported its first quarter results for the financial year FY23. The company reported gross revenue of Rs 447.2 crore and earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 102.6 crore. The company reported profit after tax of Rs...

Cable TV Local Cable Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/07/15/gtpl.jpg?itok=o4616v5F
GTPL Hathway Q1 FY23 consolidated revenues up 10 per cent YoY at Rs 645.4 crore

Mumbai: Digital cable TV and broadband company GTPL Hathway announced its financial results for the first quarter of FY2023 on Thursday. The company reported consolidated revenue of Rs 645.4 crore a growth of 10 per cent year-on-year (YoY). The company reported subscription revenue of Rs 272.7...

Cable TV Local Cable Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/07/05/ib.jpg?itok=LS3e0aZz
MIB revokes 12 and grants 6 MSO licenses between April & July

The ministry of information and broadcasting has granted six new licenses to multi-system operators (MSOs) between 21 April to 4 July and cancelled 12 licenses between April and 4 July. The total number of registered MSOs stood at 1753.

Cable TV Multi System Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/06/10/anirudhsinh_jadeja.jpg?itok=e0VCxqsY
GTPL Hathway reappoints Anirudhsinh Jadeja as a MD for three years

GTPL Hathway has reappointed Anirudhsinh Jadeja as managing director for three years, at its 16th annual general meeting held on Friday.

Cable TV People
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/06/06/ranjan-gupta.jpg?itok=qJ0PE9AA
FY 2022-23 will be a transformational year for the company: Hathway Cable & Datacom MD Rajan Gupta

On building a profitable business, Hathway Cable and Datacom managing director Rajan Gupta stated that he believes FY 2022–23 will be a transformational year for the company.

Cable TV Local Cable Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/05/18/nxtdigital.png?itok=TYkKADja
Nxtdigital records revenue of Rs 1152.19 crore for FY22

Nxtdigital Ltd on Wednesday announced the results for financial year 2022. The media and communications company recorded revenue of Rs 1,152.19 crore for the year ending 31 March, registering a growth of 14.3 per cent year-on-year.

Cable TV Multi System Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/05/02/mib-800.jpg?itok=GTi_Cgo0
MIB cancels three MSO licenses in April

Mumbai: The ministry of information and broadcasting (MIB) reported that there are 1761 registered multi-system operators (MSOs) as of 30 April compared to 1763 registered MSOs on 22 March. The ministry granted one new license, cancelled three licenses and rejected two applications for license in...

Cable TV Multi System Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/04/17/gtpl-hathway.jpg?itok=XvCu0d07
GTPL Hathway to maintain FY22 revenue and EBIDTA growth in FY23

GTPL Hathway saw 12 per cent growth in revenues at Rs 24,154 million and four per cent increase in EBITDA (earnings before interest, tax, depreciation and amortisation) to Rs 5,677 million year-on-year in FY22. The company expects to maintain this growth rate for the current financial year i.e.,...

Cable TV Local Cable Operators
https://indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/04/16/hathway.jpg?itok=aXXLaUJl
Hathway Cable and Datacom reports revenue of Rs 1,793 crore in FY22

Mumbai: Hathway Cable and Datacom Ltd reported gross revenue of Rs 1,793 crore in FY22 an increase of four per cent over FY21. Its broadband revenue stood at Rs 621.9 crore while CATV revenue stood at Rs 1171.1 crore for the financial year. The company reported profit after tax of Rs 130.4 crore a...

Cable TV Local Cable Operators