DTH
10 FreeDish slots may fall vacant by Oct-end as renewals hang fire
MUMBAI: The ministry of information and broadcasting has reportedly asked Doordarshan to suspend until further notice e-auctioning of slots, which were picked up by private broadcasters on its free-to-air direct-to-home (DTH) platform FreeDish.
FreeDish, at present, carries 80 TV channels, including Sony Pal, Star Utsav, Zee Anmol, Rishtey and news channels like AajTak, Zee News, ABP News, News 24 etc. FreeDish has two vacant slots but the number could go up to 10 by October-end if no decision is taken by MIB, the Tribune reported.
The slots are getting vacant and private broadcasters have been unable to renew those. Prasar Bharati has reportedly been refusing renewal since August.
The e-auction had taken place in July, in which FreeDish had earned Rs 851 million as 11 private broadcasters bagged. Another auction planned for August was cancelled by the broadcaster, citing “administrative reasons” as per the notice dated 18 August, 2017. Doordarshan, for the year 2016-17, earned more than 30 per cent of its revenue from FreeDish at Rs 2641 million — its highest-ever, Mint reported.
Private broadcasters, reports said, paying an average of around Rs 60-80 million per annum to FreeDish were getting advertising revenue in the range of Rs 5–7 billion per channel owing to the high reach obtained via DD-Direct while Doordarshan was losing millions.
FreeDish, it is estimated, increased its reach to around 25 million households which is faster than the average growth of the DTH industry in the last few years.
The top rated 15 channels on FreeDish had ratings which ranged from 50-80 and almost all of them were private TV channels. DD channels got ratings of zero to three, meaning those were going unwatched.
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DTH
Den Networks reports Rs 1,227 million FY26 profit growth
Revenue crosses Rs 10,009 million as margins improve and costs ease
MUMBAI: Not all signals are on screen some are buried in the balance sheet. Den Networks has reported a steady financial performance for FY26, with profit after tax rising to Rs 1,227.53 million, reflecting improved operational discipline despite a relatively flat top line. For the year ended March 31, 2026, the company posted revenue from operations of Rs 10,009.17 million, marginally higher than Rs 9,891.45 million in FY25. Total income stood almost unchanged at Rs 12,282.10 million compared to Rs 12,279.77 million a year earlier, signalling stability rather than aggressive expansion.
The real story, however, lies beneath the surface. Total expenses declined to Rs 10,648.32 million from Rs 10,691.30 million, driven by tighter cost controls across key heads. Employee benefit expenses dropped to Rs 548.64 million from Rs 651.52 million, while depreciation and amortisation expenses also eased to Rs 652.01 million from Rs 723.06 million, indicating a leaner operational structure.
As a result, profit before tax rose to Rs 1,633.78 million from Rs 1,588.47 million, while profit after tax improved to Rs 1,227.53 million, up from Rs 1,173.96 million in the previous year. Earnings per share stood at Rs 2.57, compared to Rs 2.46 in FY25, underlining incremental shareholder value creation.
On the balance sheet front, the company’s total assets expanded to Rs 43,416.76 million from Rs 42,496.64 million, supported by a sharp rise in bank balances to Rs 30,628.71 million. Equity also strengthened to Rs 38,532.74 million, reflecting accumulated profits and a growing financial cushion.
Cash flow dynamics, however, present a more nuanced picture. While investing activities generated a net inflow of Rs 632.80 million, operating activities saw an outflow of Rs 553.50 million, largely due to tax payments and working capital adjustments. The company ended the year with cash and cash equivalents of Rs 151.70 million, up from Rs 106.11 million.
Taken together, the numbers suggest a business that is prioritising efficiency over expansion holding revenue steady while tightening costs and strengthening its balance sheet. In an industry where growth often grabs headlines, Den Networks appears to be making a quieter statement: sometimes, resilience is the real signal.
