Cable TV
FY-2015: Hinduja Ventures reports 13% growth in standalone profit
BENGALURU: Hinduja Ventures Limited (HVL), the holding company of IndusInd Media & Communications Limited (IMCL) reported a 12.9 per cent growth in standalone net profit after tax (PAT) to Rs 92.59 crore in FY-2015 as compared to a PAT of Rs 82.03 crore in FY-2014.
The company reported total standalone income of Rs 110.45 crore for the current year ended as against Rs 106.54 crores in FY-2014.
Note: 100,00,000 = 100 lakh = 10 million = 1 crore
HVL consolidated total income for the year ended was Rs 786.11 crore as compared to Rs 773.49 crore for the same period in the previous year. Consolidated total income grew by 1.63 per cent y-o-y. Consolidated net profit after tax and minority interest has increased for the year ended 31 March, 2015 from 0.21 crore to 18.25 crore. EBIDTA for the year end stood at Rs 146.75 crore as against Rs 144.11 crore in the previous year.
Its media segment reported a 15 per cent drop in revenue in FY-2015 to Rs 536.16 crore as compared to the Rs 638.84 crore in the previous year. The loss from this segment widened to Rs 239.71 crore in FY-2015 from Rs 197.33 crore in the previous year.
During the year, IMCL, has disposed its investment in one of its subsidiary company – Jagsumi Perspectives Pvt. Ltd. and the said company has ceased to be a subsidiary of the company effective 31 December, 2014. IMCL booked a loss of Rs 6.2 crore in the said transaction and the same is disclosed under exceptional item in the Consolidated Profit and Loss Statement.
During the year, the company entered into a business Transfer Agreement with a Bangalore based company viz. Mplex Networks Private Limited (Mplex), to acquire their Digitally Addressable Cable Television Network (CATV) rights pertaining to Bangalore and Mysore region together with certain fixed assets pertaining to CATV division for an overall consideration of Rs 35 crore.
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.
