DEN Networks Q1 Results Live : DEN Networks announced their Q1 results on 15 Jul, 2024, revealing a 9.39% decrease in revenue but a 6.79% increase in profit year-over-year.
Quarterly comparison showed a 4.07% decline in revenue and a significant 42.43% decrease in profit.
The company managed to lower Selling, general & administrative expenses by 2.1% quarter-on-quarter and 11.5% year-on-year.
Operating income took a hit, decreasing by 79.73% compared to the previous quarter and 15.5% year-on-year.
The Earnings Per Share (EPS) for Q1 stood at ₹0.95, marking a 6.74% increase year-on-year.
In terms of stock performance, DEN Networks delivered a 1.18% return in the last week, while showing negative returns of -10.26% in the last 6 months and -2.24% year-to-date.
Currently, DEN Networks holds a market capitalization of ₹2661.31 Cr with a 52-week high/low of ₹69.4 & ₹33.65 respectively.