Cable TV
NXT Digital to use Thomson Video Networks’ compression technology
MUMBAI: Hinduja Group’s headend in the sky (HITS) platform NXT Digital will use Thomson Video Networks’ compression technology.
Thomson Video Networks has provided a wide range of equipment and solutions for the broadcast centre and master headend platform, including its Vibe SD and HD broadcast encoders and its multiplexing and network management system.
“We designed our HITS system to deliver best-in-class picture quality with a robust architecture and the highest level of uptime. To make that design a reality, we needed a world-class digital delivery platform to reach the network operators across India from a centralised location, and Thomson met our requirements,” said Grant Investrade managing director Tony D’Silva.
“NXT Digital is here to help the distribution community in analog markets make a smooth and timely transition to digital, and we are hopeful it will help write what could perhaps be the biggest chapter in the ‘Made in India’ story,” he added.
“Thomson Video Networks’ compression technology with advanced statmux features will give us pristine broadcast picture quality at lower bandwidth consumption. The solution is flexible and future-proof, and Thomson Video Networks has a strong local presence, which is an important requirement of the project,” said Castle Media executive director Vynsley Fernandes.
NXT Digital is scheduled to roll out pan-India services in 2015, and tests of various components of the business are underway.
“The Hinduja Group is one of the leading business houses in India and one with a global footprint. GIL’s selection of our compression chain will increase Thomson Video Networks’ market share in the satellite segment in India, push the company to among the top compression vendors in the region, and also boost overall market share substantially. This significant project will further strengthen our presence in Southeast Asia,” said Thomson Video Networks vice president, worldwide sales Eric Louvet.
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.
