Den Networks Limited has scheduled its 19th Annual General Meeting (AGM) for Wednesday, September 2, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OAVM) at 12:30 P.M. IST, in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. This virtual format ensures accessibility for shareholders while adhering to regulatory guidelines for corporate governance during this period.

The company has designated Wednesday, August 26, 2026, as the cut-off date for determining which members are eligible to vote on the resolutions outlined in the AGM notice. Shareholders holding records as of this date will also be eligible to attend the meeting. This timeline provides investors with a clear window to ensure their holdings are registered before the eligibility deadline.

Key Dates and Details

The notice was issued on August 6, 2026, and signed by Hema Kumari, the Company Secretary & Compliance Officer of Den Networks Limited. The company’s corporate office is located in Okhla Industrial Estate, New Delhi, while its registered office remains in Mumbai.

Shareholders are advised to review the accompanying notice of the AGM for specific resolutions requiring approval. The use of electronic voting mechanisms will allow members to cast their votes remotely, facilitating broader participation in the decision-making process of the company.

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.