DENDen Networks

Den Networks' Q2 profit is ₹36.5 crore but EBITDA falls to ₹10 crore from ₹19 crore

Den Networks reported a September-quarter consolidated net profit of ₹36.5 crore against ₹35.16 crore a year earlier, on revenue of ₹233 crore against ₹241 crore.

Price, Tuesday's close₹27.36▲ 7.97%
Last 5 days
52-week low ₹22.5252-week high ₹35.95
Sector
Media and cable

What happened

  • Consolidated net profit was ₹36.5 crore against ₹35.16 crore in the same quarter last year, according to Sahi. ScanX gave the same figures as ₹365 million and ₹351.6 million.
  • Revenue was ₹233 crore, down from ₹241 crore, per Sahi. ScanX put it at ₹2.33 billion.
  • Sahi reported EBITDA of ₹10 crore against ₹19 crore, with the margin at 4.3% against 7.86%. ScanX gave the margin as 4.30%.
  • The shares closed at ₹27.36 on Tuesday, up 7.97%, per Zerodha Kite.

Why it matters

Net profit was ₹36.5 crore against ₹35.16 crore, while EBITDA was ₹10 crore against ₹19 crore, so the two measures moved in different directions.

Good to know: EBITDA is earnings before interest, tax, depreciation and amortisation, a measure of operating profit. Net profit also reflects finance costs and other income, which is how the two can diverge.

Key facts

Consolidated net profit
₹36.5 crore (₹35.16 crore a year earlier)
Revenue
₹233 crore (₹241 crore)
EBITDA
₹10 crore (₹19 crore)
EBITDA margin
4.3% (7.86%)

Read the source

This is a summary of public news about Den Networks, for information only. It is not a recommendation to buy, sell or hold DEN.

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