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Den Networks turns black in Q2

Den Networks has reported results for second quarter ended September 30, 2019.

The company has reported a net profit of Rs 24.94 crore for the quarter under review as against net loss of Rs 18.82 crore for the same quarter in the previous year. Total income of the company increased by 29.56% at Rs 352.49 crore for Q2FY20 as compared Rs 272.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 9.53 crore for the quarter under review as against net loss of Rs 28.54 crore for the same quarter in the previous year. Total income of the company increased by 18.97% at Rs 374.82 crore for Q2FY20 as compared Rs 315.05 crore for the corresponding quarter previous year.

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