Cable TV
Eros International partners with Home Cable Network for movies on broadband
MUMBAI: After announcing a partnership with India’s leading multi system operator (MSO) Hathway Cable & Datacom, Eros International has announced another deal with MSO Home Cable Network.
The deal involves Home Cable and ErosNow, the online entertainment service of Eros International. The subscription-based broadband streaming service of the MSO will enable its subscribers to view content from the Eros library of films and music on multiple devices such as TVs, PCs, laptops, tablets and mobiles.
ErosNow CEO Rishika Lulla said, “ErosNow is the only unique online streaming service in the world to offer both current and classic Bollywood blockbusters, music videos and popular television shows. We are pleased to be partnering with a leading player like Home Cable and make our extensive film content available to their vast subscriber base. With this pairing we continue to extend the reach of ErosNow as a leading digital entertainment brand.”
The online platform currently offers thousands of new and catalogue movies from Eros as well as other Bollywood studios. This includes a large selection of premium TV content syndicated from TV studios as well as thousands of music videos and audio tracks.
Home Cable has services in the Delhi-NCR region and delivers 50mbps broadband to its subscribers. The service will be offered at a monthly subscription price with a base price for unlimited viewing of movies.
Prior to this, ErosNow teamed up with Hathway Broadband for making its content available to its customers on smart TVs, PCs, laptops, tablets and mobiles.
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.
