Cable TV
NDMC is first civic body to provide HD cable TV service
MUMBAI: New Delhi Municipal Corporation (NDMC) has become the first civic body to provide high-definition cable television services to residents of Lutyens' Delhi from mid-February. The municipal body has entered into a partnership with Mahanagar Telephone Nigam Ltd and telecom company Oneott Intertainment to provide the service.
According to media reports, NDMC will provide HD satellite TV service through the underground optic fibre network. In select NDMC areas, MTNL is providing high-speed internet and voice facility through the FTTH technology. Apart from over-the-top services like Netflix, YouTube, television channels can now be accessed also. However, users have to take the MTNL-NDMC internet connection to enjoy all the services together on any screen.
"We can't offer rates below those decided by the Telecom Authority of India (TRAI) for implementation from 1 February, but we assure users they will be marginally over that," MTNL CMD Pravin Kumar Purwar said but he assured the cost would be "reasonable”.
The headend-in-the-sky (HITS) technology is also being employed along with FTTH to enable a smooth service which would not be hampered by sun or rain outage. Along with signing a MoU with MTNL, the civic body signed an agreement with leading HITS service provider Nxt Digital too.
Earlier in 2017, NDMC entered into a partnership with MTNL to offer internet connectivity through Wi-Fi service in public places and FTTH services. NDMC chairman Naresh Kumar said that success of the earlier project encouraged them to utilise the same facility for providing cable TV services.
“By 15 February, we will start publicising the service and holding camps to invite applications from subscribers for commercial connections,” he added. The services will be initially offered in Connaught Place and its neighbourhood on a pilot basis.
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.
