SITI Networks Limited, also known as Siti Cable, is a privately owned Indian company founded in 1994. Its primary business is providing pay television services. Part of the Essel Group, SITI Networks' broader portfolio includes assets in media, packaging, entertainment, technology services, infrastructure, and education. In 2020, the company's revenue was less than $500 million.
Siti Networks Limited released its audited financial results for the fourth quarter and fiscal year ending March 31, 2025, reporting a loss before tax of ₹1954.06 crore and a net loss of ₹1505.37 crore. Revenue from operations totaled ₹3703.44 crore, and the total comprehensive loss reached ₹1502.47 crore. Cash and cash equivalents amounted to ₹538.59 crore at the period's end. Previously, on December 31, 2024, the company reported a net loss of ₹529.02 million for the quarter and ₹1421.70 million for the nine months. Accumulated losses reached ₹29364.96 million, resulting in a negative net worth of ₹12411.66 million and negative working capital of ₹16474.65 million. The group also incurred a net loss of ₹667.61 million for the quarter and ₹1684.50 million for the nine months, with accumulated losses of ₹28114.35 million and a negative net worth of ₹11178.99 million.
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SITI Networks offers 2 products in the media and telecoms services industry. SITI Networks's product portfolio comprises of media and TV services and telecoms services.
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