Den Networks reported a year-on-year decline in consolidated net profit to ₹367 million for Q1FY27, compared to ₹542 million in the same period last year, as profitability faced continued pressure. The company's consolidated revenue from operations stood at ₹2.43 billion, marginally higher compared to ₹2.4 billion in the year-ago period. Despite steady revenue, rising costs weighed on the bottom line, with consolidated EBITDA contracting to ₹127 million from ₹211 million in the corresponding quarter of the previous year. The EBITDA margin narrowed to 5.23% from 8.74%.

The unaudited standalone and consolidated financial results were approved by the board of directors at their meeting held on July 14, 2026. Chaturvedi & Shah LLP, the statutory auditors, conducted a limited review of the financial results for the quarter. The company highlighted its zero-debt status and healthy cash balances of ₹3,383 crore as of June 30, 2026.

Consolidated Results

The consolidated financial results include the performance of 22 subsidiaries and 5 associate entities. The group's share of loss from associates was ₹11.78 million. Total income for the quarter was ₹2,981.72 million, compared to ₹3,119.47 million in the year-ago period. The following table summarises the key consolidated financial metrics for the quarter:

Balance Sheet Highlights

Den Networks maintained a strong balance sheet with zero gross debt. Net worth stood at ₹3,822 crore as of June 30, 2026, up from ₹3,785 crore as of March 31, 2026. Cash and cash equivalents increased to ₹3,383 crore from ₹3,283 crore in the previous quarter. The table below presents the key balance sheet metrics:

Segment Reporting

Den Networks operates primarily in the cable distribution network and broadband segments. The cable distribution network reported segment revenue of ₹2,376.97 million, while the broadband segment contributed ₹95.77 million. Total segment assets stood at ₹9,860.01 million as of June 30, 2026.

Promoters of Den Networks have declared that they did not create any encumbrance on shares held by them during the financial year 2025-26. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited on April 9, 2026, under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration confirms that no shares of Den Networks were encumbered directly or indirectly by the promoter group at any point during FY 2025-26. The filing was made on behalf of eight entities listed as the promoter and promoter group.

The disclosure was signed by Khushboo Shah, Director of Jio Futuristic Digital Holdings Private Limited, on behalf of the promoter group members. The declaration was addressed to the stock exchanges and copied to the Company Secretary and the Audit Committee of Den Networks.

Promoter and Promoter Group Members