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Marketing Interactive calls for entries for awards show
MUMBAI: As Hollywood hands out the Oscars early Monday morning 6 March in Los Angeles, statuette manufacturer R.S. Owens will be hard at work on its newest creation—a 24-karat gold finished trophy for the MI6 Awards.
Marketing Interactive in the US is calling for entries for its inaugural awards show. The statuettes will be awarded to industry professionals for creative and marketing achievement during a special ceremony closing the MI6 Conference in June.
Among the more than 50 categories slated are Product Television Ad, Product Website, Interactive Experience Promotion, Most Innovative Marketing Strategy, PR Campaign, Art Direction & Design: Logo and The MI6 Student Marketing Award.” Winning entries will be drawn from the highest scoring finalists within each category. Online entry deadline is 7 April 2006.
Under the leadership of Microsoft, G4 Television and Promax/BDA, MI6 is a new conference specifically founded for the professionals who create the consumer demand and passion for electronic games. The MI6 Conference and Awards Show will kick off in San Francisco on 27 June with the awards being presented at the conclusion of the conference on 28 June 2006.
Promax/BDA president and CEO Jim Chabin says, “The gaming and interactive industry is a multi-billion dollar business, yet the people that are responsible for driving this sector’s consumer passions are not being fully recognized for their work. MI6 is a nonprofit initiative created to give interactive and game marketers the recognition they so richly deserve from their own peers in the industry.”
MI6 will offer its participants professional development and education through special key note addresses, custom research, seminars and workshops, all designed to impart knowledge and learn from the experiences of other professionals in the entertainment arena while also fostering industry networking, idea sharing and mentoring.
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.
