Categories AlphaGraphs, Earnings

Den Networks Ltd Q2FY24; 4% fall 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 Q2FY24 of ₹277.00 Crores down from ₹287.00 Crore year on year, a fall of 3.48%.

Total Expenses for Q2FY24 of ₹265.00 Crores down from ₹278.00 Crores year on year, a fall of 4.68%.

Consolidated Net Profit of ₹46.00 Crores down 4.17% from ₹48.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.96, down 4.00% from ₹1.00 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.

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