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Ten Sports to telecast Players Championship
MUMBAI: Ten Sports will telecast live the Players Championship from 23 March.
The tournament will be played at the TPC of Sawgrass in Ponte Vedra Beach, Florida. The four-hour long live telecast of the Players Championship will air at 11:30 pm on each of the four days.
The live telecast of the Championship follows Ten Sports’ recent signing of an exclusive deal with the US PGA Tour, which makes it the home for the world’s biggest golf tour in the sub-continent.
With Ten Sports also having the exclusive rights for the European PGA Tour, the world’s second biggest tour after the US PGA, and the Indian PGA Tour, the channel has the most complete bouquet of golf for the growing number of fans in the sub-continent.
All ten players in the top ten of World Rankings, including world number one Tiger Woods, number two Vijay Singh of Fiji and number three Retief Goosen of South Africa, will be in action in the four-round 72-hole tournament, the tickets of which were sold out last week.
Atwal, who will be playing his first Players Championship, said, “I am eagerly looking forward to playing the Players Championship, which is often referred to as the ‘fifth major’ by most of us. And it is heartening to know that Ten Sports will be telecasting the tournament live back home. I hope to perform well and that many of my friends and fans of the game can see what the tournament is like.”
Apart from the various tours, Ten Sports also has exclusive rights of the biennial Ryder Cup showdown between the USA and Europe, and also the PGA Championship, the fourth and final major of the year.
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.
