Cable TV
Shiv Cable Sena asks cable operators to ban Republic channels in Maharashtra
KOLKATA: Amid rising political tension in Maharashtra, the Shiv Cable Sena, an affiliate to Shiv Sena, has asked the cable TV operators to ban Republic Media Network in the state.
According to reports, the Shiv Cable Sena has issued a letter which is signed by Sanjay Raut’s brother Sunil Raut. The letter sent to major operators claims that Republic has violated journalistic ethics and guidelines by repeatedly using the non-respectful language for CM Uddhav Thackeray, home minister and holding a ‘parallel court’.
Following the letter, the network has issued a statement. “This is an attack and an attempt to plunder the fourth pillar of democracy. the Shiv Sena wants us to squirm before them, they want to snatch our fundamental right to report. Under Article 19(1)A of the Constitution of India, Uddhav Thackeray, you have no right to do this. Our coverage speaks truth to power. The people of India did not stand for Emergency in 1975, and they will not stand for what the Sonia Sena is doing right now,” it said in a statement.
The network has also released a petition #CantBlockRepublic on Twitter "appealing to the people of India to come forward and join the fight for the right to report in a free democratic country."
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.
