Cable TV
After Tamil Nadu, Karnataka state govt eyes cable TV business
MUMBAI: Even though the demand for getting the Digital Addressable System (DAS) licence for J Jayalalithaa run Tamil Nadu Arasu Cable TV Corporation (TACTV) is still pending with the Information and Broadcasting Ministry (I&B), there is another state government that is looking at entering the cable TV industry.
The Karnataka state government Minister for Information, Public Relations and Infrastructure R Roshan Baig has been making headlines after his conference where he expressed interest in setting up cable television system, provided the Centre permitted it. In the meeting, the Minister said that the Ministry has been receiving complaints from consumers who have to pay Rs 400-Rs 500 for cable TV service.
Baig in the conference, while applauding the model of Arasu Cable in Tamil Nadu, said that the Karnataka government will also apply the same module, where consumers won’t be paying more than Rs 100 per month for the cable TV channels.
In response to the statement, Karnataka State Cable TV Operators’ Association (KSCOA) met the Minister to apprise him of the situation. “We told him that in the Rs 70 that Arasu charges for its services, it gives only free to air and regional channels, while the others give all the leading channels, which is what the consumers want,” informs Karnataka State Cable TV Operators’ Association spokesperson Sudhish Kumar adding that they have also addressed the matter to Telecom Regulatory Authority of India (TRAI) chairman Rahul Khullar.
“Khullar in his address to the media has already made it clear that any government body or agency getting into the cable TV or distribution business is against the rules,” adds Kumar.
“But, if it still happens, we will move the court,” he states.
The association has suggested that the government could through DD Freedish give cable services at a lower tariff.
The multi system operators (MSOs) in the region are shocked with even the new Tamil Nadu Chief Minister O Panneerselvam backing the demand for DAS licence for Arasu Cable.
In order to ensure that the Karnataka government does not get the nod from the Centre, the South Indian Federation will be meeting the I&B Minister Arun Jaitley. “We are seeking his appointment and could be meeting him between 21 January to 23 January,” informs Kumar while adding that they want the I&B Minister to come out with his clear statement on the matter.
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.
