Cable TV
SifyMax is webcasting Lakme Fashion Week
MUMBAI: Indian broadband content site SifyMax is doing live webcasting of the Lakme Fashion Week (LFW) 2006. The event is taking place in Mumbai till 1 April.
SifyMax is the official Internet partner for the event for the Fall/Winter week, and in September/October for the Spring/Summer week. SifyMax is hosting the Official LFW 2006 site. It is webcasting the event live and hosting exclusive content from the event. SifyMax will also be accessible from several points at the National Center for the Performing Arts (NCPA), in downtown Mumbai, the venue for LFW 2006.
Sify senior VP- interactive services Surya Mantha says, “We are proud to be associated with Lakme Fashion Week, and delighted to make the event available live for a global audience by webcasting it on SifyMax. SifyMax defines the best there is in India centric broadband content across movies, music, reality shows, radio stations, lifestyle, sports, news, education and games.
“Our association with LFW 2006 reiterates our leadership in this space, and makes the event available to Internet users wherever they may be. The on demand availability of the show will also ensure they can catch the event whenever they want”.
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.
