Cable TV
JAINHITS creates LCO friendly schemes
MUMBAI: Giving more power to the local cable operator (LCO), India’s only HITS service JAINHITS has come up with special schemes that will enable LCOs to choose content as per their customers’ needs and pay for that.
The schemes ‘double happiness dhamaka’ and ‘double freedom dhamaka’ that are valid till 30 September aim to streamline operations, improve efficiency and maximise profits. ‘Double happiness dhamaka’ has two variants, ‘Happy 15’ and ‘Happy 17’ allowing LCOs to choose up to 21 pay channels over and above 140 free to air channels and are valid till June 2015 and June 2017 respectively.
Under ‘Double Freedom Dhamaka’, ‘Freedom 11’ and ‘Freedom 12’ are two sub themes that target regional viewers apart from other channel packages. MPEG4 quality set top boxes are available at the starting price of Rs 1699. “Our offerings are a testimony to our belief in mutual growth along with our partners and wish to boost our partner ecosystem with robust growth opportunity. We would continue to facilitate our partners with such opportunities in the days to come,” stated JAINHITS head Rakesh Gupta.
“These schemes will assist LCO’s in reaching out to greater audiences with best-in-class TV viewing solutions and enable them to maximize profitability, improve efficiency as well cater to the consumer expectations,” states a release from the company.
JAINHITS technology in partnership with ARRIS and IntelSat is a fast plug and play digitisation solution that comes for an investment of as low as Rs 4.99 lakhs. By signing up for the new schemes, LCOs also get technical updaradation with 24X7 sales service, CAF and CRF and marketing and promotion support which are all DAS compliant.
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.
