Den Networks Ltd Q1FY21 consolidated PAT at Rs. 58.65 crore

Den Networks Ltd has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.301 crores during the period ended June 30, 2020 as compared to Rs.328 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.58.65 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.23 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.1.23 for the period ended June 30, 2020 as compared to Rs.0.48 for the period ended March 31, 2020.

Financials	Q1 FY2020-21	Q4 FY19-20	% Change
Total Income	₹ 301 crs	₹ 328 crs	-8.23%
Net Profit	₹ 58.65 crs	₹ 23 crs	155%
EPS	₹ 1.23	₹ 0.48	156.25%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.301 crores during the period ended June 30, 2020 as compared to Rs.313 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.58.65 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.14 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.1.23 for the period ended June 30, 2020 as compared to Rs.0.29 for the period ended June 30, 2019.

Financials	Q1 FY2020-21	Q1 FY2019-20	% Change
Total Income	₹ 301 crs	₹ 313 crs	-3.83%
Net Profit	₹ 58.65 crs	₹ 14 crs	318.93%
EPS	₹ 1.23	₹ 0.29	324.14%

Shares of Den Networks Ltd was last trading in BSE at Rs.99.65 as compared to the previous close of Rs. 90.6. The total number of shares traded during the day was 331528 in over 2962 trades.

The stock hit an intraday high of Rs. 99.65 and intraday low of 92.45. The net turnover during the day was Rs. 32097397.

Source : Equity Bulls

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