Den Networks has reported results for third quarter ended December 31, 2012.
On the consolidated basis, the company has posted growth of over four-fold in its net profit at Rs 17.17 crore for the quarter ended December 31, 2012 as compared to Rs 3.53 crore for the same quarter in the previous year. However, the total income also has decreased by 14.77% at Rs 237.13 crore for quarter under review as compared to Rs 278.22 crore for the quarter ended December 31, 2011.
The company currently offers up to 180 channels through its digital platform compared with up to 100 channels on its analog platform. This allows it to offer a wider range of channels and as a result it can cater to a wider variety of genres and demographics