Cable TV
Digi-JPR Networks to offer Dolby Digital Plus in HD STBs
MUMBAI: Digi-JPR Networks, Mumbai based cable TV network operator has selected Dolby Digital Plus as the audio solution for its HD set-up boxes (STBs). With this move, Dig-JPR HD subscribers will experience the capability of up to 7.1 surround sound, designed to transform the way people experience their favourite sports, movies and television programmes.
Digi-JPR Networks managing director Raja B. Nadar opined, “With digitisation, the broadcast industry in India is evolving at a fast pace by delivering better and more enhanced quality of services to consumers. We are excited to combine high-definition video with Dolby Digital Plus surround sound to bring the best television experience to our customers.”
With Digi-JPR’s HD set-top boxes featuring Dolby Digital Plus, consumers will be able to enjoy Dolby surround sound by connecting their home theatre or sound bar to their HD set-top box.
It will offer a complete entertainment experience across a bouquet of HD channels including the Star HD network, Colors HD, Movies Now HD, Discovery HD, National Geographic Channel HD, and many more.
“At Dolby, we constantly strive to bring extraordinary entertainment experiences for the audiences through innovative technology. With Dolby Digital Plus, Digi-JPR will be able to deliver a cinematic entertainment experience to the living rooms of their consumers-from sports, drama, reality TV, and movies,” concluded Dolby Laboratories India country manager Pankaj Kedia.
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.
