Den Networks has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 72.12 crore for the quarter under review as compared to a net loss of Rs 57.59 crore for the same quarter in the previous year. Total income of the company increased by 55.17% at Rs 257.41 crore for the quarter under review as compared Rs 165.89 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss after tax, Minority Interest and Share of profit / (Loss) of Associates and Joint Ventures of Rs 45.10 crore for the quarter ended December 31, 2016 as compared to a net loss of Rs 87.39 crore for the same quarter in the previous year. Total income of the company increased by 28.06% to Rs 311.09 crore for quarter under review from Rs 242.92 crore for the quarter ended December 31, 2015.