Den Networks has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Den Networks has reported over 3-fold jump in its net profit at Rs 153.52 crore for the quarter under review as compared to Rs 50.94 crore for the same quarter in the previous year. However, total income of the company decreased by 1.15% at Rs 311.72 crore for Q4FY23 as compared Rs 315.36 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 126.20 crore for fourth quarter ended March 31, 2023 as compared to Rs 48.61 crore for the same quarter in the previous year. However, total income of the company decreased by 5.91% at Rs 310.12 crore for Q4FY23 as compared Rs 329.60 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 49.47% rise in its net profit at Rs 283.31 crore as compared to Rs 189.54 crore for the previous year. However, total income of the company decreased by 3.50% at Rs 1230.88 crore for year under review as compared to Rs 1,275.46 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 38.16% rise in its net profit at Rs 236.36 crore as compared to Rs 171.08 crore for the previous year. However, total income of the company decreased by 7.74% at Rs 1,242.58 crore for year under review as compared to Rs 1,346.76 crore for year ended March 31, 2022.
