DTH
Dish TV India Limited Partners with HANDAN & ALi Corporation to launch hybrid solution to realize next-generation tv experience
MUMBAI: ALi Corporation, a leading Set-Top Box (STB) chipset provider, Dish TV India Limited, India’s largest Direct-to-Home (DTH) operator, and HANDAN, the leading supplier of multimedia and home entertainment devices in Korea, proudly announced that they have further extended their partnership by launching the latest hybrid solution, “Dish Box” to enrich TV experience for subscribers in India. The new set-top box developed by the partnership will be highly connected to enable OTT (over-the-top) viewing entertainment.
Dish TV India Limited, being the leader in DTH service and TV distribution in India, is expanding its OTT offerings by introducing Dish Connected Box to allow subscribers to enjoy both DVB TV broadcasting and OTT contents.
ALi Corp.’s secure value SoC (system on chip) was chosen due to its wide compliance with mainstream CAS (conditional access system) security features, ideal for DVB-S2 Pay TV applications. In this joint collaboration, the secure SoC was adopted as the core of the Dish Connected Box to integrate OTT Apps, developed by Handan. The integration of hardware, software and middleware will enable subscribers to view both OTT apps and DVB-broadcasted contents.
“Set-top boxes must be able to consume multimedia contents, like TV, videos, and even radio programs broadcasted through Internet protocol. This is the trend that TV set-top boxes must be connected”, said Daniel Huang, CEO of ALi Corp. “We foresee the future that set-top boxes shall consume streamed contents over various streaming protocols. Thus, we are pleased that Dish TV India Limited partners with us to develop the hybrid solutions integrating WiFi connectivity and Google Widevine DRM. In fact, our SoC packs multiple features which can shorten the development time and accelerate the time-to-market process”.
“As always, ALi Corp. has been a highly trusted and dedicated partner for us”, said V.K. Gupta, COO of Dish TV India Limited. “We are confident that our Connected Box will change the way multimedia contents are consumed. In fact, we will work with ALi to further enrich the Connected Box through further hardware-software integration, for it to go cloud”.
“Handan is glad to take part in the joint partnership to develop the latest hybrid Connected Box. This time, we are pleased to implement OTT Apps so that subscribers will be able to view both DVB and OTT contents,” said Y. Lee, CEO of HANDAN. “We will continue our dedication to work with ALi Corp. and Dish TV India Limited to expand market penetration in India”.
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.
