Den Networks Q3 profit declines 59.11% to Rs 7.02 crore

Cable television services firm Den Networks Ltd today reported 59.11 per cent decline in net profit at Rs 7.02 crore for third quarter ended December 31.
The company had posted consolidated net profit of Rs 17.17 crore in the October-December period of 2012-13 fiscal.
Den Networks' total revenue during the quarter under consideration stood at Rs 274.26 crore as against Rs 237.13 crore in the year-ago period, Den Networks said in a filing to the BSE.
Shares of Den Networks today closed at Rs 142.65 apiece at BSE, down 1.96 per cent from previous close.