Cable TV
Kolkata MSOs to provide value added services to consumers
KOLKATA: With an aim to provide value added services (VAS) to customers in the wake of digitisation of cable television, the multi-system operators (MSOs) in the eastern region are exploring opportunities to release regional movies on cable TV before it is released in the theatres to generate more revenue.
According to Siticable director Suresh Sethia, the MSO is in discussion with producers for premiere shows of regional movies on its cable channel as part of value added services.
“These services can be implemented once the billing process is properly executed, which could take anywhere around six months to complete,” said Sethiya while addressing the audience at the Cable TV Show 2014 in Kolkata.
The service is similar to the ‘Movie-on-Demand’ platform of the direct-to-home (DTH) players.
The charges for a newly released movie will vary between Rs 50 and Rs 100 for a day, remarked Sethia. “The producers, MSOs, LCOs and the customers-all will benefit by the move,” he said.
Industry experts say that even if a MSO charges Rs 40- Rs 50 for a movie, with 50 per cent of its users booking the show, the producer can get back a substantial amount of his investment by premiering the movie on cable TV.
Siticable currently caters to around 20 lakh users in the eastern region. “The local cable operators will also have a share,” Sethia informed.
Another prominent MSO, GTPL Kolkata Cable & Broadband Pariseva Ltd (GTPL KCBPL) is also looking forward to tap this opportunity with its 7.5 lakh user base in the eastern region.
“We are actively discussing on such value added services. But it may take at least three months to execute the process,” said GTPL KCBPL managing director Bijoy K Agarwal.
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.
