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Den Networks reports consolidated loss of Rs 45.10 crore in Q3

24 Jan 2017 Evaluate

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. 

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