Cable TV
Siti Cable gears up for World Yoga Day
MUMBAI: Siti Cable Network, an Essel Group Company plans to celebrate the International Day of Yoga on 21 June by organising Yoga sessions, concurrently at various venues all across India involving 1500 employees, 9000 business partners and reaching out to 40 million viewers.
The previous year, Prime Minister Narendra Modi, addressed the United Nations General Assembly to get this day recognised as the International Day of Yoga. Acknowledging the effects of Yoga on an individual, he says one needs to make changes to contemporary lifestyle by making Yoga a way of life. He says, “Yoga embodies unity of mind and body; thought and action; restraint and fulfillment; harmony between man and nature.” He adds, “Yoga is an invaluable gift of our ancient tradition. It is not about exercise but to discover the sense of oneness with yourself, the world and the nature.”
Siti Cable Network with an aim to ‘Embrace a Healthier Lifestyle’ has scheduled Yoga sessions by professionals on the International Day of Yoga in 70+ cities across India, with major events taking place in 25 cities. Siti Cable executive director and CEO VD Wadhwa says, “Our fundamental nature is usually overshadowed by the activity of the mind, and Yoga keeps the mind peaceful. It is a way of freedom and by practicing it continually we can free ourselves from distress and anxiety. It promotes spiritual, mental and physical wellbeing, and should be practiced by all.”
The World Yoga Day celebrations will be covered by Siti’s 100+ local channels across 130+ Cities. Siti Cable Network aims to promote and support the noble initiative taken by Prime Minister Narendra Modi by creating social awareness about this age old practice amongst its stakeholders; employees, business partners and subscribers.
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.
