Cable TV
JAINHITS chooses ARRIS to meet demands of video digitisation
NEW DELHI: JAINHITS, India’s first and only HITS-based Direct to Network (DTN) service, has selected set top boxes from ARRIS’s HMC portfolio to deliver digital video services across the nation.
According to the Telecom Regulatory Authority of India (TRAI), India is set to witness digitisation of approximately 100 million homes by the end of this year.
Currently, JAINHITS offers more than 252 standard definition (SD) channels, following the launch of the nationwide ARRIS digital headend earlier this year, and plans to soon provide full high-definition (HD) services, which will be made available via the new ARRIS set-top boxes.
“As we look to grow our services to meet the digital transition in India and introduce HD services later this year, we are pleased to extend our working relationship with ARRIS to add its set-top boxes to our offering,” said JAINHITS chairman JK Jain. “Our platform coupled with ARRIS set-top boxes will allow cable operators to provide 250 digital TV channels using just 12 frequencies as compared to the 106 they are using today. This will help them free valuable spectrum, and use this available spectrum to provide broadband services to increase ARPU and fulfill Prime Minister Narendra Modi’s dream of a digitally developed India.”
“ARRIS is driving the global transition to an all-digital content delivery platform – giving customers like JAINHITS a competitive advantage in delivering tomorrow’s services on today’s networks”, said ARRIS Asia Pacific senior vice president Tim Gropp. “JAINHITS benefits from our proven digital video portfolio and worldwide footprint, which enables us to deliver localised solutions and support.”
JAINHITS is deploying HMC1010 SD set-top and the HMC2010 HD set-top from September 2014. Both are cost-effective digital terminal adapters (DTA) for operators looking to convert from an analog to a digital service. The compact and energy efficient design of all the HMC series set-top boxes, including the HMC1010 and HMC2010, minimizes energy consumption, reducing their impact on the environment.
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.
