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Percept Picture Company to be the main sponsor of Rain Dance Film Festival in UK
MUMBAI: Percept Picture Company (PPC) becomes India’s first motion picture company to be the prime sponsor of Raindance Film Festival 2006, to be held in UK. Percept Picture Company’s MD Shailendra Singh together with national award winning director Madhur Bhandarkar will share their insights on various aspects of the Indian Film Industry and its growing influence globally with prominent experts from the global cinema.
PPC had joined hands with Madhur Bhandarkar to launch a 50:50 joint venture company named Madhur Bhandarkar Motion Pictures (MBMP) recently.
As part of this exercise, two award winning films – PAGE 3 and Yahaan, both from PPC stable will be showcased at this festival.
PPC has lined up various interactive activities during this festival. They would be exhibiting in the ‘State of The Art’ and showcasing the various past and future projects of the company.
Interesting footage of the past work of PPC and the future films will be showcased in a gigantic audio visual screen at the venue. The prime attraction of this festival will be the showcasing of the promo of PPC and Madhur Bhandarkar’s much awaited film, Traffic Signal. PPC have also sponsored a script writing competition during the festival where the winner win a trip to Goa.
Percept Picture Company MD Shailendra Singh added, “We couldn’t have asked for a better platform than this to associate ourselves with. Raindance film festival is a perfect window for any film maker to showcase and connect with the globe. We have selected Raindance after a detailed screening of various film festivals that happens all over the world. PPC looks forward for some interesting liaison and international business opportunities in this festival.”
Adds an elated Mr. Madhur Bhandarkar, ” I am very excited to represent the Indian film industry and share my views and aspects of Indian film making with eminent members of the respected panel which will consist of global experts.”
PPC will also display their recent AV campaign on Anti Piracy campaign at the festival. This Anti Piracy campaign is the beginning of a powerful movement against piracy to educate, increase awareness and awaken everybody from the producer to the director, the distributor, exhibitor, the end viewer and the accused pirates of how the epidemic of piracy is growing like a deadly virus and affecting everybody in an alarming way.
Raindance is a prestigious film festival and since 1992 and has been well known for their objective to discover, foster and champion new talent and audiences. It has been imperative in igniting and over seeing major developments in the international film industry.
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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.








