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DEN Networks Announces FY26 Results: Net Profit Stands at ₹1,656 Million

Posted On : 2026-04-14 21:59:37( TIMEZONE : IST )

DEN Networks Limited (NSE: DEN / BSE: 533137), one of India's leading cable TV and broadband service providers, has released its audited consolidated financial results for the quarter and year ended March 31, 2026. The company maintained steady operations despite a marginal decline in annual revenue and net profitability compared to the previous fiscal year.

Annual Financial Performance Overview

For the full financial year 2026, DEN Networks reported a resilient performance in an evolving media and entertainment landscape:

Total Income: The company recorded a total income of ₹12,065.07 Million, compared to ₹12,495.34 Million in FY25.

Revenue from Operations: Stood at ₹9,742.80 Million, reflecting a slight contraction of 3.1% year-on-year.

Net Profit After Tax (PAT): The consolidated net profit for the year was ₹1,656.25 Million, down from ₹1,967.30 Million in the previous year.

Earnings Per Share (EPS): Basic and Diluted EPS for the year stood at ₹3.48, compared to ₹4.20 in FY25.

Quarterly Highlights (Q4 FY26)

The fourth quarter showed stability in pre-tax profits, aided by higher "Other Income":

Revenue from Operations: ₹2,405.71 Million.

Profit Before Tax (PBT): Increased sequentially to ₹492.37 Million from ₹479.38 Million in the December 2025 quarter.

Net Profit: ₹364.29 Million for the quarter.

Cost Analysis and Efficiency

The company's expenditure was heavily dominated by Content Costs, which rose to ₹6,209.84 Million for the full year, up from ₹5,847.99 Million in FY25. This increase suggests higher programming and channel carriage costs.

However, DEN Networks successfully managed its internal efficiencies:

Employee Benefits Expense: Reduced significantly to ₹692.25 Million (down from ₹797.76 Million).

Finance Costs: Remained negligible at ₹18.84 Million, indicating a virtually debt-free status.

Depreciation: Decreased to ₹912.59 Million, reflecting the aging of the existing set-top box and infrastructure asset base.

Strong Capital Base

The company's balance sheet remains robust, with Other Equity (reserves and surplus) rising to ₹33,080.42 Million as of March 31, 2026, compared to ₹31,427.99 Million in the previous year. This strong cash and reserve position provides DEN Networks with the flexibility to invest in its broadband expansion and digital infrastructure upgrades.

Shares of Den Networks Limited was last trading in BSE at Rs. 29.03 as compared to the previous close of Rs. 29.03. The total number of shares traded during the day was 128906 in over 617 trades.

The stock hit an intraday high of Rs. 29.60 and intraday low of 28.03. The net turnover during the day was Rs. 3751353.00.