DEN Networks Ltd

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

Net profit of Den Networks rose 19.11% to Rs 54.22 crore in the quarter ended June 2025 as against Rs 45.52 crore during the previous quarter ended June 2024. Sales declined 2.53% to Rs 241.27 crore in the quarter ended June 2025 as against Rs 247.53 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales241.27247.53 -3 OPM %7.9510.71 - PBDT89.3181.16 10 PBT64.9655.47 17 NP54.2245.52 19 Powered by Capital Market - Live

Den Networks will hold a meeting of the Board of Directors of the Company on 14 July 2025.Powered by Capital Market - Live

Revenue from operations declined 3.84% year on year (YoY) to Rs 248.10 crore in the quarter ended 31 March 2024. Profit before tax decreased marginally to Rs 68.73 crore in Q4 FY25, compared to Rs 68.78 crore in Q4 FY24. EBITDA dropped 30% to Rs 28 crore in the quarter ended 31 March 2025 as compared to Rs 40 crore posted in the same quarter previous year. EBITDA margin declined to 11% in Q4 FY25 as against 16% recorded in Q4 FY24. On the segmental front, the company's revenue from the cable distribution network business was at Rs 242.13 crore (down 3.24% YoY) while revenue from the broadband business stood at Rs 10.47 crore (down 14.60% YoY) during the period under review. Subscription revenue fell 18.93% YoY to Rs 107 during the quarter. Placement/marketing income jumped 17.85% YoY to Rs 132 crore and activation revenue slipped 57.14% YoY to Rs 3 crore in Q4 FY25 over Q4 FY24. As of 31 March 2025, cash and cash equivalents stood at Rs 3,146 crore as against Rs 3,089 crore as of 31 March 2024. On a full-year basis, the company's consolidated net profit decreased 6.79% to Rs 200.06 crore on 6.97% decline in revenue to Rs 1,005.41 crore in FY25 over FY24. Den Networks is a leading cable TV distribution company in the country with a wide gamut of services. DEN's Cable operation covers over 450+ cities/towns across 13 key states (Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh and Uttarakhand) in India. The counter shed 0.26% to Rs 34.16 on the BSE. Powered by Capital Market - Live