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Arasu digital STB costs Rs 200, govt alerts subs

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MUMBAI: Government authorities in Tamil Nadu are announcing the basic rate of installing a new STB following complaints by subscribers of the state-owned Arasu Cable TV Corporation that cable operators are charging them around four times the cost. Tirupur operators are reportedly threatening to disconnect the cable services if subscribers do not pay up.

Tirupur district collector KS Palanisamy stated in a press release that the government had fixed Rs 200 as charges for installing set-top boxes (STBs), which the cable operators were entitled to receive. “If this is violated, those affected should register complaints at toll free number 1800 425 2911,” the Times of India reported.

A number of subscribers are complaining that cable operators were charging them as much as Rs 700 for installing the free STBs issued by Arasu Cable (TACTV).

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Authorities had declared that the boxes will be installed from 1 September when DAS (digital broadcasting system) was launched. Cable operators however are reportedly threatening the subscribers that if they did not pay by the first week of October, they would disconnect the service.

A political activist alleged that the cable operators had been providing around half of cable connections without maintaining records. Some cable operators reportedly asked subscribers to buy STBs sold by a private company run by the cable federation, and not the ones issued by Arasu Cable. Such STBs cost around Rs 1,500-Rs 1,700 through which, operators have claimed, more channels could be accessed as compared to Arasu Cable.

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Cable TV

Den Networks Q3 profit steady despite revenue pressure

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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.

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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.

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