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Den Networks announces Q1 FY27 Results; Revenue Inches Up to ₹2,427.74 Million
Posted On : 2026-07-14 20:53:30( TIMEZONE : IST )
Cable television and broadband service provider Den Networks Limited has released its consolidated unaudited financial results for the first quarter of the fiscal year 2026-27, ended June 30, 2026. The Mumbai-headquartered company maintained steady operational revenue streams during the three-month period, though elevated programming outlays and lower non-operational income tempered overall profitability compared to the previous year.
Revenue Metrics Show Steady Operational Core
Den Networks recorded consolidated revenue from operations of ₹2,427.74 million for the quarter ended June 30, 2026. This represents a stable performance, growing marginally by 0.62% compared to the ₹2,412.73 million posted in the corresponding first quarter of the previous fiscal year. Sequentially, the company's core operations experienced a slight expansion of 0.92% over the ₹2,405.71 million registered in the preceding March 2026 quarter.
However, the company saw a compression in its non-operating income lines. Other income fell to ₹553.98 million for the quarter, compared to ₹706.74 million in the parallel year-ago period. Due to this reduction in alternative income streams, the company's total consolidated income for Q1 FY27 settled at ₹2,981.72 million, declining from the ₹3,119.47 million reported in the same period last fiscal year.
Rising Content Costs Pressure Profitability
On the expenditure front, total consolidated expenses rose to ₹2,505.02 million, up from ₹2,451.95 million in the parallel year-ago period. The primary driver of this cost expansion was the company's content cost, which jumped to ₹1,651.64 million during the current quarter against ₹1,500.73 million in the same quarter last year.
The firm managed to offset this content cost hike by streamlining other internal cost blocks. Employee benefits expenses were successfully cut down to ₹147.61 million from ₹193.18 million in the year-ago baseline. Similarly, finance costs fell to ₹4.12 million, while non-cash depreciation and amortization expenses reduced to ₹200.00 million from ₹243.57 million in Q1 FY26. Other miscellaneous operating expenses remained tightly controlled at ₹501.65 million.
Net Profit Settles at ₹345.89 Million
The combination of higher content outlays and compressed non-operating income reduced the operating profit before associate shares and taxes to ₹476.70 million. After accounting for a share of loss from associate companies amounting to ₹11.78 million, Den Networks reported a consolidated Profit Before Tax (PBT) of ₹464.92 million, down from ₹649.56 million in the corresponding quarter last year.
Total tax expenses for the period stood at ₹119.03 million, comprising a current tax outgo of ₹89.98 million and a deferred tax charge of ₹29.05 million. Consequently, Den Networks concluded the first quarter of the new fiscal year with a consolidated Profit After Tax (PAT) of ₹345.89 million, compared to the ₹536.40 million logged in the parallel period last fiscal.
Profit attributable directly to the owners of the company came in at ₹367.06 million, while non-controlling interests absorbed a loss share of ₹21.17 million. Factoring in a positive movement of ₹4.48 million in other comprehensive income items, the total comprehensive income for the quarter closed at ₹350.37 million.
Per-Share Returns and Capital Structure
Reflecting the current quarter's earnings run rate, the basic and diluted Earnings Per Share (EPS) for the quarter stood at ₹0.77 per share on a face value of ₹10 each, adjusting from the ₹1.14 per share recorded in Q1 FY26.
The underlying capital base of the organization remained structurally sound, with the paid-up equity share capital net balance standing flat at ₹4,767.66 million. The company's accumulated other equity base-excluding revaluation reserves-remained substantial at ₹33,080.42 million at the close of the financial cycle.
Shares of Den Networks Limited was last trading in BSE at Rs. 30.28 as compared to the previous close of Rs. 30.11. The total number of shares traded during the day was 39280 in over 422 trades.
The stock hit an intraday high of Rs. 30.94 and intraday low of 29.95. The net turnover during the day was Rs. 1194097.00.
