Cable TV
Siti Cable revs up DAS phase III preps
MUMBAI: SITI Cable, Zee Network enterprise’s cable expertise SITI Cable is greatly committed to the government initiative of mandatory digitization. Digitization of phase 1 & 2 towns is over and 31st Dec 2015 is deadline for phase 3 towns.
As part of its commitment to drive the digitization process, SITI Cable is constantly engaging with LCO partners across multiple states in the country and is providing all possible support to them.
SITI provides its digital cable TV signal over IP based platform which is robust & scalable and ensures continuity of signals. The industry first subscriber management system, Own Your Customer (OYC) specially designed for LCO gives full control of subscribers to LCO.
A SITI LCO can also choose STB from the multiple options like MPEG 2 / MPEG 4 / HD / PVR. The state of art digital Headend by SITI provides more than 300 SD & HD channels. The technology is future ready and will provide value added services like recording facility, video on demand, games etc.
In select cities, SITI Cable’s digital network is broadband ready which provides revenue enhancement opportunities to its business partners. The company follows consistent business policy for all its business associates and LCOs can rest be assured of uniformity in the content price. SITI is a professionally managed organization and so the partnering LCO have access to best people, technology and support.
Today SITI Cable as part of this initiative has shared it vision of digitization with the LCO
partners in the town of Riwari & Bhiwari
Speaking about the digitization in phase III & IV areas SITI Cable CEO V.D Wadhwa said, “We at SITI Cable are committed to ensure that customers have an access to quality services. The mandatory digitization is underway and this initiative will ensure a larger participation in the process by all.”
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.
