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Amitabh Srivastava quits Walt Disney India
MUMBAI: The Walt Disney Television International (India) director affiliate relations Amitabh Srivastava is quitting the company in search of news challenges.
Today, was his last day in office.
A company spokesperson confirmed the same to Indiantelevision.com, citing that no replacement had been found as yet.
As director affiliate relations, Srivastava was mandated with the task of working with Disney India’s distribution partner, Star India, to manage all aspects of cable and satellite distribution and network development.
For the last couple of months however, Srivastava was working closely with Disney India director business development Shantanu Nalavadi in strategising and executing Disney’s growth initiatives for India across television, licensing and merchandising, radio, on-line gaming, mobile and broadband content, studio, home video, publishing and animation.
Srivastava joined Disney in January 2005 from the TV Today Network where he was head of distribution and network development. He was an integral part of the team at TV Today, which helped in launching Aaj Tak and Headlines Today.
Prior to his stint with TV Today, Srivastava was with BBC World’s Indian operation and has also held senior management positions at MTV and The Times of India.
On being queried as to where his next destination would be, Srivastava said, “I’m taking a break right now and have not yet decided where I am going.”
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.
