Cable TV
NXTDigital turns around its business with Rs 13.66 crore profit in Q4
KOLKATA: NXTDigital has turned its business profitable by raking in Rs 13.66 crore profit after tax (PAT) for the fourth quarter. The company has reported Rs 277.96 crore consolidated revenue for the quarter.
It posted Rs 0.32 crore PAT in the previous quarter and a loss after tax of Rs 43.43 crore in the corresponding quarter of the previous year. The revenue also grew by 6.95 per cent over the previous quarter of Rs 259.90 crores and by 22.38 per cent over the corresponding quarter of the previous year.
The Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) for the quarter at Rs 67.54 crores was higher by 8.10 per cent over the EBITDA of the previous quarter of Rs 62.47 crores and a 167 per cent growth over the EBITDA of the corresponding quarter of the previous year.
For overall FY 21, the company recorded an EBITDA of Rs 232.08 crore, growing by 6.16 per cent over the EBITDA of the previous year of Rs 218.62 crores (excluding one-time revenues of Rs 123.12 crores in the previous year. Consolidated revenue for the year remained consistent at Rs 1,008.5 crores, marginally down from Rs 1,038 crores –due to a reduction in the low-margin non-core trading business.
“The stellar performance can be attributed to the company’s focus on uninterrupted customer service during the lockdown and after, innovative products and solutions to combat the myriad of ground challenges, driving close to a 100 per cent digital mode of collections on a prepaid basis and the unstinting and tireless efforts of all our employees and our Last Mile partners – all of whom rose to the occasion, without exception,” NXTDigital MD & CEO Vynsley Fernandes said.
The company will continue to focus on its transformation to an “all-digital” services company, driving a host of new products and solutions, whilst expanding into new geographies. One of the key growth drivers for the future will be its recently launched infrastructure sharing PaaS or Platform-as-a-Service offering.
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.
