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Den Networks reports consolidated net loss of Rs 51.89 crore in Q1

01 Aug 2015 Evaluate

Den Networks has reported results for first quarter ended June 30, 2015.

The company has reported a net loss of Rs 47.62 crore for the quarter ended June 30,2015 as compared to a net loss of Rs 10.16 crore for the same quarter in the previous year. Total income of the company has decreased by 3.88% at Rs 236.17 crore for quarter under review as compared to Rs 245.7 crore for the quarter ended June 30, 2014.

On the consolidated basis, the company has reported a net loss of Rs 51.89 crore for the quarter ended June 30,2015 as compared to a net profit of Rs 1.12 crore for the same quarter in the previous year. Total income has decreased by 7.92% at Rs 292.31 crore for quarter under review as compared to Rs 317.46 crore for the quarter ended June 30, 2014.

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