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The One Alliance threatens to switch off channels to Reliance BIG TV

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MUMBAI: The subscribers of direct-to-home TV services provider Reliance Big TV may stop receiving 26 channels that form part of the The One Alliance bouquet about three weeks from now.

 

The One Alliance through a public notice has informed subscribers of Reliange Big TV that the channels it aggregates can go off in the next three weeks, if the DTH player doesn’t clear outstanding dues.

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“We have issued a public notice as per the guidelines. The outstanding is huge and we are hoping that the matter is resolved soon,” says The One Alliance EVP sales and strategy Makarand Palekar.

 

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The channels that come in The One Alliance bouquet are: Sony Entertainment Television, MAX, MIX, SAB, PIX,SIX,Aath, Animal Planet, AXN, Animax, Discovery Channel, Discovery Channel Tamil, TLC, Discovery Science, Discovery Turbo, Aaj Tak, Headlines Today, Times Now, Tez, Discovery Kids, ET Now, Zoom, Movies Now, Discovery HD World, SIX HD and SET HD.

 

“Talks are on with Reliance Big TV,” informs Palekar.

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The One Alliance is getting tough against all distribution platforms. The aggregator had switched off channels given to IndusInd Media and Communications (IMCL) on 5 March, after issuing a 21 day notice to the multi system operator (MSO) for non-payment of huge outstanding.

 

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“We met the officials from IMCL and resolved the matter on Friday, 7 March. The channels from the bouquet (to IMCL) have been restored,” says Palekar.

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DTH

Den Networks reports Rs 1,227 million FY26 profit growth

Revenue crosses Rs 10,009 million as margins improve and costs ease

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MUMBAI: Not all signals are on screen some are buried in the balance sheet. Den Networks has reported a steady financial performance for FY26, with profit after tax rising to Rs 1,227.53 million, reflecting improved operational discipline despite a relatively flat top line. For the year ended March 31, 2026, the company posted revenue from operations of Rs 10,009.17 million, marginally higher than Rs 9,891.45 million in FY25. Total income stood almost unchanged at Rs 12,282.10 million compared to Rs 12,279.77 million a year earlier, signalling stability rather than aggressive expansion.

The real story, however, lies beneath the surface. Total expenses declined to Rs 10,648.32 million from Rs 10,691.30 million, driven by tighter cost controls across key heads. Employee benefit expenses dropped to Rs 548.64 million from Rs 651.52 million, while depreciation and amortisation expenses also eased to Rs 652.01 million from Rs 723.06 million, indicating a leaner operational structure.

As a result, profit before tax rose to Rs 1,633.78 million from Rs 1,588.47 million, while profit after tax improved to Rs 1,227.53 million, up from Rs 1,173.96 million in the previous year. Earnings per share stood at Rs 2.57, compared to Rs 2.46 in FY25, underlining incremental shareholder value creation.

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On the balance sheet front, the company’s total assets expanded to Rs 43,416.76 million from Rs 42,496.64 million, supported by a sharp rise in bank balances to Rs 30,628.71 million. Equity also strengthened to Rs 38,532.74 million, reflecting accumulated profits and a growing financial cushion.

Cash flow dynamics, however, present a more nuanced picture. While investing activities generated a net inflow of Rs 632.80 million, operating activities saw an outflow of Rs 553.50 million, largely due to tax payments and working capital adjustments. The company ended the year with cash and cash equivalents of Rs 151.70 million, up from Rs 106.11 million.

Taken together, the numbers suggest a business that is prioritising efficiency over expansion holding revenue steady while tightening costs and strengthening its balance sheet. In an industry where growth often grabs headlines, Den Networks appears to be making a quieter statement: sometimes, resilience is the real signal.

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