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Luxury technology brand Vu sets up shop in India
MUMBAI: Vu, a luxury technology brand which researches, develops and manufactures high-end computers, LCD displays and digital homes has forayed into the Indian market. The company has set base in Mumbai by the promoters of Zenith Computers Ltd.
Based in California, Vu has opened its flagship store in Mumbai at the CR2 Mall, Nariman Point. The store carries Vu branded systems and displays and has the world’s first ‘Gadget bar’ that sells the latest in luxury technology within a unique retail experience.
Vu Technologies CEO Devita Saraf said, “We believe that the world of technology can be very exciting and purchasing high-end technology should be retail therapy for the guys. Our products are the outcome of our NPD (New product development) lab – cutting-edge innovation, sleek product design and unparallel customer service. Its an experience unlike any other that you have been previously exposed to – Vu will be a very uncommon offer.”
On the other hand, Vu’s Digital Home will be a combination of computers, communication and consumer electronics that has been created with a simple user interface and design. This will be priced at Rs 100,000.
Vu also retails LCD displays from 7″ to 47″, skype products, Bluetooth-based products and a range of Apple products. Vu will bring the latest in luxury technologies from across the world to the store, and plans to open 30 stores across India by the December 2007.
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.
