Cable TV
MSOs urged to make payments for registration online only
NEW DELHI: All multi-system operators can make the payment of Rs 100,000 towards Processing Fee to the Information and Broadcasting Ministry from January 2O17 through Bharat Kosh only and not in physical form of payment (Bank Draft or cheque)..
This is part of the move to implement ‘Digital India’ Initiative with the launch of the “Online Non-Tax Revenue Portal (NTRP) for collection of Non-Tax Revenue Receipts.”
All applicants seeking multi system operator (MSO) registration were informed on 13 January 2017 about this.
However, the Ministry said today that some app|ications are sti|| being received a|ong with Bank Drafts.
The Ministry said these are being returned with the request to make the payment through Bharat Kosh.
For making payments through NTRP, applicants may visit bharatkosh.gov.in. User guide is available under bharatkosh.gov.in/Static/Template/Userguide/pdf.
Application for MSO registration can also be-submitted online and details are available under broadcastseva.gov.in.
Cable TV
Den Networks Q3 profit steady despite revenue pressure
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.








