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Den Networks reports 30% fall in Q1 consolidated net profit

17 Jul 2021 Evaluate

Den Networks has reported results for first quarter ended June 30, 2021.

The company has reported 34.48% fall in its net profit of Rs 43.35 crore for the quarter under review as compared to net profit of Rs 66.16 crore for the same quarter in the previous year. Total income of the company decreased by 2.90% at Rs 322.23 crore for Q1FY22 as compared Rs 331.87 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 29.84% fall in its net profit attributable to owners of Rs 41.15 crore for the quarter under review as against net profit of Rs 58.65 crore for the same quarter in the previous year. Total income of the company decreased by 7.74% at Rs 336.25 crore for Q1FY22 as compared Rs 364.47 crore for the corresponding quarter previous year.

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