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Den Networks reports consolidated net loss of Rs 31.21 crore in Q3

Den Networks has reported results for third quarter ended December 31, 2018.

The company has reported a net loss of Rs 21.52 crore for the quarter under review as against net profit Rs 0.24 crore for the same quarter in the previous year. Total income of the company decreased by 4.80% at Rs 265.34 crore for Q3FY19 as compared Rs 278.73 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 31.21 crore for the quarter under review as against net profit Rs 1.73 crore for the same quarter in the previous year. Total consolidated income of the company decreased by 6.45% at Rs 313.32 crore for Q3FY19 as compared Rs 334.92 crore for the corresponding quarter previous year.

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