DEN Networks Limited (NSE: DEN)

DEN Networks Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	9,816	10,348	11,099	12,256	13,074	12,915
Revenue Growth (YoY)	-11.54%	-6.77%	-9.44%	-6.26%	1.24%	7.08%
Cost of Revenue	7,515	7,773	7,825	6,745	6,724	6,591
Gross Profit	2,301	2,575	3,274	5,511	6,350	6,324
Selling, General & Admin	683.25	698.56	756.38	1,102	1,127	1,165
Other Operating Expenses	1,022	1,100	1,226	2,285	2,646	2,999
Operating Expenses	2,396	2,526	2,752	4,870	6,279	6,632
Operating Income	-95.15	48.59	521.6	641.31	70.79	-308.32
Interest Expense	-22.14	-24.83	-13.83	-2.78	-33.48	-249.24
Interest & Investment Income	753.13	753.13	595.04	1,220	858.59	1,730
Earnings From Equity Investments	15.47	-	-	-20.9	-76	11.26
Currency Exchange Gain (Loss)	-0.13	-0.13	-1.27	-0.3	-0.06	-1.22
Other Non Operating Income (Expenses)	229.71	-	1.56	14.45	31.62	-69.09
EBT Excluding Unusual Items	880.89	776.76	1,103	1,851	851.46	1,113
Impairment of Goodwill	-	-	-	-55.48	-	-30.71
Gain (Loss) on Sale of Investments	1,290	1,290	611.82	-33.81	1,018	-2.96
Gain (Loss) on Sale of Assets	0.35	0.35	1.73	3.11	-10.45	26.64
Asset Writedown	-2.1	-2.1	-	-26.28	-3.95	-8.02
Pretax Income	2,169	2,065	1,717	1,739	1,855	1,098
Income Tax Expense	342.37	308.79	-1,116	28.08	-33.99	511.96
Earnings From Continuing Operations	1,827	1,757	2,833	1,711	1,889	586.38
Minority Interest in Earnings	22.07	-	-	48.71	90.41	113.22
Net Income	1,849	1,757	2,833	1,759	1,980	699.6
Net Income to Common	1,849	1,757	2,833	1,759	1,980	699.6
Net Income Growth	-31.72%	-38.00%	61.02%	-11.12%	182.96%	-
Shares Outstanding (Basic)	476	477	477	477	477	477
Shares Outstanding (Diluted)	476	477	477	477	477	477
Shares Change (YoY)	-0.38%	-	-	-	-	99.90%
EPS (Basic)	3.88	3.68	5.94	3.69	4.15	1.47
EPS (Diluted)	3.88	3.68	5.94	3.69	4.15	1.47
EPS Growth	-31.49%	-38.05%	60.98%	-11.08%	182.82%	-
Free Cash Flow	-111.29	326.04	425.07	258.53	1,060	1,896
Free Cash Flow Per Share	-0.23	0.68	0.89	0.54	2.22	3.98
Gross Margin	23.44%	24.88%	29.50%	44.96%	48.57%	48.97%
Operating Margin	-0.97%	0.47%	4.70%	5.23%	0.54%	-2.39%
Profit Margin	18.84%	16.98%	25.53%	14.36%	15.14%	5.42%
Free Cash Flow Margin	-1.13%	3.15%	3.83%	2.11%	8.11%	14.68%
EBITDA	544.18	725	1,257	2,106	2,561	2,138
EBITDA Margin	5.54%	7.01%	11.32%	17.18%	19.59%	16.56%
D&A For EBITDA	639.33	676.41	734.94	1,464	2,490	2,447
EBIT	-95.15	48.59	521.6	641.31	70.79	-308.32
EBIT Margin	-0.97%	0.47%	4.70%	5.23%	0.54%	-2.39%
Effective Tax Rate	15.78%	14.95%	-	1.61%	-	46.61%
Revenue as Reported	12,089	12,391	12,309	13,468	14,982	14,671
Advertising Expenses	-	5.98	53.32	50.82	16.98	26.74

Source: S&P Capital IQ. Standard template. Financial Sources.