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Mumbai: Cable TV distribution company Den Networks has released its financial results for the fourth quarter 2022 on Thursday. The company reported revenues of Rs 303 crore and profit after tax of Rs 49 crore higher than Q3’22 which was at Rs 44 core.
The company reported revenue of Rs 1,226 crore for FY’22 less than it earned in FY’21 at 1,307 crore. Its profit after tax for the year stood at Rs 171 crore and the total cost for the year stood at Rs 1,022 crore.
The company reported gross debt and healthy cash balances of Rs 2,547 crore for the quarter. It earned Rs 167 crore from subscriptions, Rs 93 crore from marketing income, Rs 26 crore from other operating income, and Rs 17 crore in activation revenues.
The company also reported total costs of Rs 248 crore including content costs at Rs 148 crore, personnel costs at Rs 21 core, other operational expenses at Rs 79 crore, and Rs one crore provision for doubtful debts and advances.
Den Networks operates a cable and broadband business. Its cable operations cover over 500+ cities/towns across 13 key states including Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand in India. Its broadband business is enabled across 41 cities/towns in the country.
Mumbai: Hathway Cable and Datacom on Friday reported its first quarter results for the financial year FY23. The company reported gross revenue of Rs 447.2 crore and earnings before interest, tax, depreciation and amortisation (Ebitda) of Rs 102.6 crore. The company reported profit after tax of Rs...
Mumbai: Digital cable TV and broadband company GTPL Hathway announced its financial results for the first quarter of FY2023 on Thursday. The company reported consolidated revenue of Rs 645.4 crore a growth of 10 per cent year-on-year (YoY). The company reported subscription revenue of Rs 272.7...
The ministry of information and broadcasting has granted six new licenses to multi-system operators (MSOs) between 21 April to 4 July and cancelled 12 licenses between April and 4 July. The total number of registered MSOs stood at 1753.
GTPL Hathway has reappointed Anirudhsinh Jadeja as managing director for three years, at its 16th annual general meeting held on Friday.
On building a profitable business, Hathway Cable and Datacom managing director Rajan Gupta stated that he believes FY 2022–23 will be a transformational year for the company.
Nxtdigital Ltd on Wednesday announced the results for financial year 2022. The media and communications company recorded revenue of Rs 1,152.19 crore for the year ending 31 March, registering a growth of 14.3 per cent year-on-year.
Mumbai: The ministry of information and broadcasting (MIB) reported that there are 1761 registered multi-system operators (MSOs) as of 30 April compared to 1763 registered MSOs on 22 March. The ministry granted one new license, cancelled three licenses and rejected two applications for license in...
GTPL Hathway saw 12 per cent growth in revenues at Rs 24,154 million and four per cent increase in EBITDA (earnings before interest, tax, depreciation and amortisation) to Rs 5,677 million year-on-year in FY22. The company expects to maintain this growth rate for the current financial year i.e.,...
Mumbai: Hathway Cable and Datacom Ltd reported gross revenue of Rs 1,793 crore in FY22 an increase of four per cent over FY21. Its broadband revenue stood at Rs 621.9 crore while CATV revenue stood at Rs 1171.1 crore for the financial year. The company reported profit after tax of Rs 130.4 crore a...
