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Den Networks Ltd Q1FY24; 223% rise in Profits.

Company Description:

Den network ltd is a mass media & entertainment company that provides visual entertainment to its customers through cable TV, over-the-top (OTT) entertainment, and broadband services. It has curated media content from Various broadcasters across a wide range of genres and entertains 13 million+ households in India across 13 key states and 433 cities and is the Largest Subscriber Base amongst all cable players in India.

Financial Results:

Den Networks Ltd reported Revenues for Q1FY24 of ₹273.00 Crores down from ₹283.00 Crore year on year, a fall of 3.53%.

Total Expenses for Q1FY24 of ₹273.00 Crores down from ₹274.00 Crores year on year, a fall of 0.36%.

Consolidated Net Profit of ₹42.00 Crores up 223.08% from ₹13.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.89, up 229.63% from ₹0.27 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: Earnings
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