DEN Networks Ltd

Revenue from operations slipped 3.71% year on year to Rs 251.01 crore posted in the quarter ended 31 December 2025. Profit before tax stood at Rs 47.94 crore in Q3 FY26, down 13.57% as compared with Rs 55.47 crore in Q3 FY25. EBITDA dropped 53.57% to Rs 13 crore in the quarter ended 31 December 2025 as compared to Rs 28 crore posted in the same quarter the previous year. EBITDA margin declined to 5% in Q3 FY26 as against 11% recorded in Q3 FY25. On the segmental front, the company's revenue from the cable distribution network business was at Rs 245.52 crore (down 3.36% YoY) while revenue from the broadband business stood at Rs 9.98 crore (down 10.33% YoY) during the period under review. Subscription revenue fell 14.03% YoY to Rs 98 crore during the quarter. Placement/marketing income rose 6% YoY to Rs 148 crore and activation revenue slipped 46% YoY to Rs 2 crore in Q3 FY26 over Q3 FY25. As of 31 December 2025, cash and cash equivalents stood at Rs 3,279 crore as against Rs 3,254 crore as of 30 September 2025. Den Network is a mass media & entertainment company that provides visual entertainment to its customers through cable TV, over-the-top (OTT) entertainment, and broadband services. It has curated media content from various broadcasters across a wide range of genres and entertains 13 million+ households in India across 13 key states and 450 cities and are the largest subscriber base amongst all cable players in India. The counter shed 0.60% to Rs 30.03 on the BSE. Powered by Capital Market - Live

Net profit of Den Networks declined 5.76% to Rs 37.99 crore in the quarter ended December 2025 as against Rs 40.31 crore during the previous quarter ended December 2024. Sales declined 3.72% to Rs 251.01 crore in the quarter ended December 2025 as against Rs 260.70 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales251.01260.70 -4 OPM %5.2310.48 - PBDT71.0381.89 -13 PBT47.9455.47 -14 NP37.9940.31 -6 Powered by Capital Market - Live

Den Networks will hold a meeting of the Board of Directors of the Company on 14 January 2026.Powered by Capital Market - Live

Den Networks announced the cessation of Sanjay Kumar Jain, Chief Technical Officer as senior management personnel due to superannuation with effect from 30 November 2025. Powered by Capital Market - Live

Futuristic Media and Entertainment (FMEL), a wholly owned subsidiary of Den Networks, has informed that it has, today, sold its entire equity stake in three subsidiaries as given below to Infomedia and Networking (INPL) for an aggregate consideration of Rs 30/- (Rupees Thirty only): 50.99% equity stake (i.e. 25,496 equity shares) in Den Fateh Marketing; 56.88% equity stake (i.e. 41,388 equity shares) in Den Budaun Cable Network(Den Budaun); and 51.00% equity stake (i.e. 45,896 equity shares) in Mahadev Den Cable Network Consequently, the aforesaid companies have ceased to be subsidiaries of the Company, effective today. The aforesaid companies are non-operating companies and their turnover for the FY2024-25 was Nil. Den Budaun had networth of Rs 5.75 Lakh as on March 31, 2025 contributing 0.0016% to the consolidated networth of the Company and other two companies had negative networth as on March 31, 2025. INPL is a company incorporated under the Companies Act, 1956, engaged in the business of Cable and Broadband and does not belong to Promoter / Promoter Group / group companies of the Company. Powered by Capital Market - Live

However, revenue from operations declined 3.07% year on year to Rs 241.43 crore posted in Q2 FY26. Profit before tax stood at Rs 45.98 crore in Q2 FY26, down 33.25% as compared with Rs 68.89 crore in Q2 FY25. EBITDA dropped 32% to Rs 19 crore in the quarter ended 30 September 2025 as compared to Rs 28 crore posted in the same quarter previous year. EBITDA margin declined to 8% in Q2 FY26 as against 11% recorded in Q2 FY25. On the segmental front, the company's revenue from the cable distribution network business was at Rs 233.96 crore (down 3.29% YoY) while revenue from the broadband business stood at Rs 11.96 crore (down 2.66% YoY) during the period under review. Subscription revenue fell 17% YoY to Rs 101 during the quarter. Placement/marketing income jumped 17% YoY to Rs 129 crore and activation revenue slipped 66% YoY to Rs 2 crore in Q2 FY26 over Q2 FY25. As of 30 September 2025, cash and cash equivalents stood at Rs 3,254 crore as against Rs 3,215 crore as of 30 June 2025. Den network is a mass media & entertainment company that provides visual entertainment to its customers through cable TV, over-the-top (OTT) entertainment, and broadband services. It has curated media content from various broadcasters across a wide range of genres and entertains 13 million+ households in India across 13 key states and 450 cities and are the Largest Subscriber Base amongst all cable players in India. Powered by Capital Market - Live

Net profit of Den Networks declined 32.45% to Rs 35.16 crore in the quarter ended September 2025 as against Rs 52.05 crore during the previous quarter ended September 2024. Sales declined 3.07% to Rs 241.43 crore in the quarter ended September 2025 as against Rs 249.08 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales241.43249.08 -3 OPM %7.4511.10 - PBDT69.2496.30 -28 PBT45.9868.89 -33 NP35.1652.05 -32 Powered by Capital Market - Live

Den Networks will hold a meeting of the Board of Directors of the Company on 13 October 2025.Powered by Capital Market - Live

Den Networks announced that the 18th Annual General Meeting(AGM) of the company will be held on 22 August 2025.Powered by Capital Market - Live

However, revenue from operations slipped 2.52% year on year to Rs 241.27 crore posted in Q1 FY26. Profit before tax stood at Rs 64.95 crore in Q1 FY26, up 17.09% as compared with Rs 55.47 crore in Q1 FY25. EBITDA dropped 25% to Rs 21 crore in the quarter ended 31 June 2025 as compared to Rs 28 crore posted in the same quarter previous year. EBITDA margin declined to 9% in Q1 FY26 as against 11% recorded in Q1 FY25. On the segmental front, the company's revenue from the cable distribution network business was at Rs 235.31 crore (down 1.91% YoY) while revenue from the broadband business stood at Rs 10.46 crore (down 13.69% YoY) during the period under review. Subscription revenue fell 17.96% YoY to Rs 105 during the quarter. Placement/marketing income jumped 20.56% YoY to Rs 129 crore and activation revenue slipped 60% YoY to Rs 2 crore in Q1 FY26 over Q1 FY25. As of 31 June 2025, cash and cash equivalents stood at Rs 3,215 crore as against Rs 3,146 crore as of 31 March 2025. Den network is a mass media & entertainment company that provides visual entertainment to its customers through cable TV, over-the-top (OTT) entertainment, and broadband services. It has curated media content from various broadcasters across a wide range of genres and entertains 13 million+ households in India across 13 key states and 433 cities and are the Largest Subscriber Base amongst all cable players in India. Powered by Capital Market - Live