Cable TV
Zee to launch English news channel targeting Gulf
NEW DELHI: Zee Telefilms chairman Subhash Chandra today announced his group’s entry into the English news channel space.
Zee will be launching an English news channel for the GCC (Gulf Cooperation Council) countries and the channel will be headquartered in Dubai, Chandra said, at a media briefing in New Delhi.
“The news channel for the GCC countries should be on air in the first quarter of 2007, Chandra said.
The Gulf foray with a news channel follows Zee Telefilms’ forays into Russia, China and Indonesia in recent times.
Chandra also admitted that work is continuing on a global news channel that will present to international audiences the Asian/Indian perspective.
“The same way CNN and BBC present the American and British perspective, it’s my dream to have an English news channel to present the Asian and Indian perspective,” he added, reminding all that he had announced the initiative two years ago.
In Indonesia, the Zee channel’s content is sourced from the flagship channel Zee TV library and localised with Bahasa Indonesia dubbing and Bahasa Melayu subtitling, to reflect the different language, lifestyle and viewing habits of audiences in the three countries Indonesia, Malaysia and Brunei.
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.
