Cable TV
Hathway CCN to launch 48 HD channels in Chhattisgarh
MUMBAI: Hathway CCN will be setting up a digital head-end in the state of Chhattisgarh and becoming one of the first MSOs in the country to launch and offer 48 HD channels to digital cable subscribers across the entire state.
Hathway CCN, which has major, dominant operations across Chhattisgarh, will be offering a wide array of digital services and channels through the new head-end which would provide high-quality and best in class experience to its cable subscribers.
Speaking on the launch of the new digital head-end, Hathway CCN director Abhishek Agrawal said, “This is the first amongst the many digital head-ends which will be installed across Chhattisgarh and the re-distribution of 48 HD channels is yet another progressive step taken by us to express our commitment and dedication to offering the best entertainment to our consumers. As an organization, we are continuously working and reinventing our services to match the growing demands of our subscribers.”
At a time, when MSOs across the country are working aggressively towards completion of the digitization mandates, such initiatives are a welcome move across stakeholders, subscribers, LCOs, broadcasters and will strengthen and boost consumer confidence as they seek cutting-edge entertainment experience from digital cable.
Agrawal further added, “We understand the dynamics of committing to such services, especially, when we serve multiple locations from one head-end, but this is the need of the hour to remain competitive and grow. Next in line, would be our value added and high speed broadband services which will provide a potent combination of entertainment services to our consumers.”
As the cable industry moves towards the end of the digitization phase, providing strong, digital quality entertainment to subscribers would be the big move that will make the industry take the next leap.
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.
