DTH
Airtel Digital TV revenue stands at Rs 792.2 crore in the third quarter
MUMBAI: Telco giant Bharti Airtel’s direct-to-home (DTH) arm Airtel Digital TV’s total revenue increased to Rs 792.2 crore in the third quarter from Rs 789.3 crore in the previous quarter. The DTH operator’s EBITDA stood at Rs 544.1 crore for the quarter compared to Rs 560.7 crore in the trailing quarter.
“This quarter, we witnessed strong 4G customer additions of 2.1 crore. Digital TV revenue witnessed a growth of 15.6 per cent on an underlying basis (decline of 23.3 per cent on reported basis due to reporting changes in DTH pursuant to the new tariff order). Airtel business revenue witnessed a growth of 6.6 per cent on YoY basis,” the company said.
The DTH operator added 101,000 subscribers during the quarter compared to 181,000 in Q2. The average revenue per user (ARPU) remained flat at Rs 162 while the monthly churn increased to 1.8 per cenr from 1.6 per cent. During the current quarter, the company incurred a capital expenditure of Rs 350.9 crore.
Airtel Digital TV currently offers a total of 648 channels including 86 HD channels, 7 international channels and 4 interactive services. As on Dec 31, 2019, the operation was available in 639 districts.
Overall, the telecom major reported a consolidated loss of Rs 1,035 crore for December quarter compared with a profit of Rs 86 crore in the same period last year.
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.
