Cable TV
Nick to launch new show – ‘Gili Gili Gappa’ on Holi
MUMBAI: Nick is readying for Holi with a special slime show of its own. Gili Gili Gappa, which is the Indian version of Slimetime Live, will premiere on 15 March at 4.30 pm and will air every Friday. The fast-paced show embodies Nick’s characteristic features – noise, mess and slime.
The first international version of Nick’s Guinness World Record breaking gameshow, Gili Gili Gappa is hosted by Nischint (aka Nishu) and Aaliyah. The duo tries to keep order while contributing to the chaos, Nick style.
In Gili Gili Gappa, two teams go head to head in each of the six unique games like Mooh Phat, Aas Paas Bandar Gili Gili Andar and SpongeBum Gili Chaddi. The finale round called Holi Hai has the two winners up against each other for the big challenge, vying for Nick’s ultimate honour – a chance to sit under the “Gili Gili Ganga” machine for a complete sliming.
But they’re not the only ones who get to participate and get a taste of Gili Gili. The eliminated contestants also get into the act equipped with water balloons, Gili Gili shooters and popcorn as they try to influence the outcome.
Gili Gili Gappa functions as links between the four shows on the two-hour NickToons block Trollz, Chalk Zone, The Adventures of Jimmy Neutron and SpongeBob SquarePants. Nick general manager Hema Govindan said, “It’s the final touch to our ace NickToons block.”
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.
