Den Networks, a leading cable TV distribution company, announced Q1 financial results with a 19% increase in consolidated net profit to ₹542.00 crore, despite a slight revenue decline to ₹2,413.00 crore. EBITDA fell to ₹211.00 crore with margin contraction. The cable distribution segment reported a loss of ₹21.00 crore, while broadband incurred a ₹13.00 crore loss. The company maintains zero gross debt with ₹3,215.00 crore cash balance and ₹3,674.00 crore net worth. Other income of ₹707.00 crore significantly contributed to profitability. CEO S.N. Sharma emphasized the company's ability to enhance profitability amid challenging conditions.
14Jul 25
DEN NETWORKS Reports Mixed Q1 Results: Profit Up, Revenue Down
Den Networks reported a consolidated net profit of ₹542.00 million for Q1, up 19.1% year-over-year, despite a 2.5% decrease in revenue to ₹2,412.73 million. The cable distribution segment saw a 1.9% revenue decline, while broadband revenue fell 13.7%. EBITDA decreased to ₹211.00 million, with the margin dropping to 8.74%. Other income rose to ₹706.74 million, significantly contributing to profit growth. Content costs increased, while finance costs decreased. CEO S.N. Sharma attributed the improved profitability to operational efficiency and strategic financial management.
24Apr 25
Den Networks Reports Mixed Q4 FY2025 Results with Profit Decline and Revenue Dip
Den Networks, a leading Indian cable TV distributor, announced Q4 FY2025 results with mixed performance. Net profit fell 21.35% to ₹621.82 crore, while revenue decreased 3.84% to ₹2,480.96 crore. The company maintains a strong financial position with zero gross debt and ₹31,463.67 crore in cash and investments. Annual revenue for FY2025 stood at ₹10,054.08 crore, down from ₹10,807.48 crore in FY2024. Despite challenges, Den Networks remains a significant player in the cable TV distribution sector, operating in over 450 cities across 13 states in India.