Cable TV
Digicable launches e-payment solution app for hassle free utility services
MUMBAI: Multi system operator Digicable has launched an utility service app for Kolkata. Christened, Complete E-payment Solution, this mobile app will initially be available only to the local cable operators (LCOs).
The app will allow the LCOs to provide a wide array of hassle-free utility services at the doorstep of their customers. This value added facility will present the LCOs another source of income.
The customers can avail this facility from their LCOs to make instant payments for services including credit card bill, electric bill, mobile bill payment, direct to home (DTH) recharge, mobile recharge, cash deposit in own bank account, train, flight and movie ticket booking, at a very nominal cost while enjoying the comfort of their home.
As a confirmation of the payment, a real time receipt will be sent to the customers’ registered mobile number with no added cost.
The company has associated with leading banks, mobile/DTH/airline operators, Indian Railways and The Calcutta Electric Supply Corporation (CESC) to provide fast and smooth utility solution services.
Multicon Group & Digicablecomm Services chairman Dileep Singh Mehta said, “Being an operator friendly MSO, we always strive to enhance our services and provide new opportunities to the local cable operators. This facility will not only help the LCOs to enhance their earnings but it will also enable the customers to make most of the essential utility service related transactions from the comfort of their home and on a completely secured and accountable network. This product is a win-win for all.”
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.
