Cable TV
Kolkata LCOs appeal to TRAI’s Khullar to air local TV channels
KOLKATA: The Telecom Regulatory Authority of India (TRAI) chairman Rahul Khullar met 150 local cable operators in the city where they told him their grievances.
The cable operators raised the issue of the regulations of the local video channels floated by the body or in other words popularly known as platform services (PS).
“We have appealed to TRAI to allow us to run our local channels as we did during the analogue times,” said Cable Operators’ Sangram Committee secretary Apurba Bhattacharya and added, “The cable TV operators have no intention to violate the rules and regulations set up by the most competent authority concerning local channel.”
“Technology is evolving rapidly and hence, transmission of local content cannot be restricted by selection of type of content. It is advisable that the authority may come out with a guideline with restricted content given the current conditions,” said Cable & Broadband Operators’ Welfare Association general secretary Swapan Chowdhury.
Khullar answering to some of the LCOs query said that the regulator would like to monitor all the content aired on the local channels. “The LCOs will not be able to telecast news and related events,” he said.
The chairman also assured that he will keep the view of LCOs in mind while formulating directives on PS. Other LCOs present at the venue said that the local video channel is the foundation pillar of cable television network.
The TRAI had, a few months ago, come up with a consultation paper to regulate platform services in which it said that due to digitisation, LCOs wont’ be able to transmit a local channel and will have to take it from an MSO.
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.
