Cable TV
Hathway goes mobile with Hathway Connect
MUMBAI: Hathway has taken its path breaking LCO portal- Hathway Connect to the next level by launching the Mobile APP version for its local cable operators (LCOs), which will further enhance and empower the operators in strengthening their business operations while “On The Move.”
As the cable industry is paving its way through the digitization phase, technology is transcending to new platform avenues. Shifting from online to mobile gives the necessary, added tool to our LCOs to manage their business from anywhere and be more widely connected with their subscribers. They no longer need to be restricted to the confines of their offices and can easily manage their subscriber base from any location, thus, creating better efficiencies, communication and turnaround time.
Commenting on the launch of the Mobile APP of Hathway Connect, Hathway Cable and Datacom video business president Tavinderjit Panesar said, The “Hathway Connect” online portal has been a huge success as operators have benefitted by an increase in their collections from customers. Further, there was a demand from our LCOs for a mobile version which would enable them to operate from anywhere, anytime. This transformational initiative needs to be beyond traditional platforms and this mobile APP will take customer experience to the next level and improve & speed up the operational process in our distribution chain and strengthen brand ‘Hathway.’
Hathway Connects’ Mobile APP will be available for download on Android only and will provide all major functionalities of the online portal version required by the LCOs for conducting daily operations in an easy and convenient way. The mobile APP facilitates a series of features to LCOs such as Balance management including instant top-up of his online account with immediate credit, Pack management (renew pack, add new packs or change existing packs), bulk renewal and activation of packs in almost real-time, managing & monitoring of ground collections through field executives, thus, enhancing customer experience. The APP also sends SMS updates to customers for renewals done and the LCO can provide a printed payment receipt to customers via a Bluetooth-enabled printer.
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.
