Cable TV
Turner launches HBO Defined & HBO Hits on Hathway & GTPL
MUMBAI: Turner International India has announced the launch of HBO Defined and HBO Hits on two of the country’s leading digital cable platforms, Hathway and GTPL. With this HBO’s two premium advertising-free movie channels will be available to digital cable subscribers for the first time.
The channels are available for a free preview in the initial phase of the launch. Turner International, the distributor for HBO Defined and HBO Hits will soon have the channels available on other digital cable platforms as well.
“With the successful on-going digitisation of the Indian television industry, Turner is committed to continue bringing compelling content inside homes of consumers in India and on any device they own. HBO Defined and HBO Hits signify a new era of television viewing for the Indian consumer. We have received a very enthusiastic response from all platforms and are happy to have, Hathway and GTPL, two of the leading cable platforms partner with us,” said Turner International India MD Siddharth Jain.
“The launch of HBO Hits and HBO Defined on our digital platforms is a reinforcement of our belief in the power of compelling content which can drive customer value and realisations. Hathway and GTPL have a foot-print of more than seven million addressable customers. We are delighted to partner with Turner in our on-going endeavour of delivering premium services to our discerning customers” said Hathway Cable and Datacom CEO & MD Jagdish Kumar.
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.
