Cable TV
GTPL Hathway appoints Anil Bothra as CFO
MUMBAI: GTPL Hathway Ltd has appointed Anil Bothra as its chief financial officer with effect from 14 October 2019.
Bothra is a chartered accountant, company secretary and a cost accountant who brings with him rich experience in finance & commercial domain across different industries. Bothra has successfully managed diverse and challenging assignments across the career spanning 24 years and brings expertise in driving accounts, taxation, commercial, corporate finance, cost control, budgeting, internal control & audit, investors relations, merger and acquisitions, due diligence and corporate planning.
Bothra has worked with Atul Ltd, Shell Hazira, Adani Enterprises, Aditya Birla Group (Grasim / Hindalco & Ultratech) and Lloyds Steels. Prior to joining GTPL, Bothra was associated with Grasim Industries Ltd.
“I am delighted to welcome Anil Bothra as our CFO. Bothra carries deep knowledge in all areas across finance & commercial and his experience will be very valuable for the Company. He will be a great addition to the leadership team, and he will play a pivotal role in our growth journey,” GTPL Hathway managing director Anirudhsinh Jadeja said.
“I am delighted to be a part of the amazing growth story of GTPL Hathway, one of India’s largest multi system operator. I look forward to being part of the GTPL Hathway’s journey to enhance stakeholders’ value,” Bothra commented.
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.
