Den Networks Q1 Net slumps to Rs 1.12 cr; stock tanks 13 pc

Image
Press Trust of India New Delhi
Last Updated : Aug 13 2014 | 8:55 PM IST
Cable television services firm Den Networks Ltd today reported a decline in its consolidated net profit at Rs 1.12 crore for the first quarter ended June 30, 2014.
The company had posted a consolidated net profit of Rs 10.15 crore in the April-June period of last fiscal.
The company's consolidated revenue from operations during the quarter under review increased to Rs 298.81 crore as against Rs 268.70 crore of the previous fiscal, Den Networks said in a filing to the BSE.
Shares of Den Networks closed at Rs 160.05 per share on the BSE, down 12.76 per cent from their previous close.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 13 2014 | 8:55 PM IST

Next Story