Den Networks' Q2 FY 2025-26 Quarterly Results

Result Summary

• Den Networks Ltd reported a 6.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 7.9%.
• Its expenses for the quarter were up by 0.4% QoQ and down 1.2% YoY.
• The net profit decreased 34.4% QoQ and decreased 31.9% YoY.
• The earnings per share (EPS) of Den Networks Ltd stood at 0.74 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Den Networks Ltd is a prominent player in the Indian cable television industry, primarily engaged in the distribution of television channels via digital cable and broadband services. The company operates within the telecommunications sector, providing a range of services including cable TV, broadband internet, and related value-added services. Den Networks Ltd has been innovating in digital infrastructure, leveraging technology to enhance customer experience and expand its service offerings. Recently, the company has been focusing on strengthening its broadband service capabilities to cater to the growing demand for high-speed internet in urban and semi-urban areas. However, specific recent developments are not available in the provided data.

Revenue

For the second quarter of FY26, Den Networks Ltd reported a total income of ₹293.14 crores, which marks a decline from both the previous quarter and the same quarter of the previous fiscal year. In comparison to Q1FY26, where the total income was ₹311.95 crores, there is a quarter-over-quarter (QoQ) decrease of 6.0%. On a year-over-year (YoY) basis, comparing to Q2FY25, where the total income was ₹318.26 crores, there is a decline of 7.9%. This trend indicates a decrease in revenue generation over both short-term and long-term periods.

Profitability

The company's profitability metrics portray a similar declining trend. Profit before tax (PBT) in Q2FY26 stood at ₹46.98 crores, down from ₹66.75 crores in Q1FY26, reflecting a QoQ decrease of 29.6%. When compared to the same quarter in the previous year, where PBT was ₹69.09 crores, there is a YoY decrease of 32.0%. The profit after tax (PAT) for Q2FY26 was ₹35.17 crores, compared to ₹53.64 crores in Q1FY26 and ₹51.65 crores in Q2FY25, showing a QoQ decline of 34.4% and a YoY decline of 31.9%. Earnings per share (EPS) have also decreased from ₹1.14 in Q1FY26 and ₹1.09 in Q2FY25 to ₹0.74 in Q2FY26, reflecting a QoQ drop of 35.1% and a YoY drop of 32.1%.

Operating Metrics

Den Networks Ltd's total expenses for Q2FY26 were ₹246.15 crores, which shows a slight increase of 0.4% from ₹245.20 crores in Q1FY26. However, compared to Q2FY25, where the total expenses were ₹249.17 crores, there is a YoY decline of 1.2%. The tax expense for the quarter also decreased from ₹11.32 crores in Q1FY26 to ₹10.81 crores in Q2FY26, representing a QoQ decrease of 4.5%. YoY, the tax expense decreased by 37.3% from ₹17.24 crores in Q2FY25. These figures indicate a moderation in operating expenses over the year, with a slight increase over the last quarter.