Den Networks Ltd Q3 FY24 consolidated PAT up QoQ at Rs. 47.28 crores

Den Networks Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 323.853 crores during the period ended December 31, 2023 as compared to Rs. 328.198 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 47.284 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 45.682 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.99 for the period ended December 31, 2023 as compared to Rs. 0.96 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 323.853 crs	₹328.198 crs	-1.32%
Net Profit	₹47.284 crs	₹45.682 crs	3.51%
EPS	₹0.99	₹0.96	3.13%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 323.853 crores during the period ended December 31, 2023 as compared to Rs.319.343 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.47.284 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.49.015 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.99 for the period ended December 31, 2023 as compared to Rs.1.03 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 323.853 crs	₹319.343 crs	1.41%
Net Profit	₹47.284 crs	₹49.015 crs	-3.53%
EPS	₹0.99	₹1.03	-3.88%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.975.058 crores during the 9 Months period ended December 31, 2023 as compared to Rs.932.460 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.135.589 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.109.348 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.2.84 for the 9 Months period ended December 31, 2023 as compared to Rs.2.29 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹975.058 crs	₹932.460 crs	4.57%
Net Profit	₹135.589 crs	₹109.348 crs	24.00%
EPS	₹2.84	₹2.29	24.02%

Shares of Den Networks Limited was last trading in BSE at Rs. 64.11 as compared to the previous close of Rs. 64.56. The total number of shares traded during the day was 375313 in over 1907 trades.

The stock hit an intraday high of Rs. 65.00 and intraday low of 63.57. The net turnover during the day was Rs. 24100372.00.

Source : Equity Bulls

Keywords

DenNetworks Q3FY24 9MFY24 ResultUpdate