DEN Networks Limited (NSE:DEN)

DEN Networks Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	9,818	10,054	10,807	11,099	12,256	13,074
Revenue Growth (YoY)	1.29%	-6.97%	-2.62%	-9.44%	-6.26%	1.23%
Cost of Revenue	6,532	6,287	6,504	7,825	6,745	6,724
Gross Profit	3,286	3,767	4,303	3,274	5,511	6,350
Selling, General & Admin	886.09	947.05	950.78	756.38	1,102	1,127
Other Operating Expenses	1,545	1,659	1,797	1,226	2,285	2,646
Operating Expenses	3,400	3,664	3,876	2,752	4,870	6,279
Operating Income	-114.71	102.74	426.9	521.6	641.31	70.79
Interest Expense	-19.6	-20.9	-25.74	-13.83	-2.78	-33.48
Interest & Investment Income	844.77	844.77	750.65	595.04	1,220	858.59
Earnings From Equity Investments	10.38	2.19	-16.68	-	-20.9	-76
Currency Exchange Gain (Loss)	-0.27	-0.27	-0.13	-1.27	-0.3	-0.06
Other Non Operating Income (Expenses)	-1.19	0.37	-	1.56	14.45	31.62
EBT Excluding Unusual Items	719.38	928.9	1,135	1,103	1,851	851.46
Impairment of Goodwill	-34.28	-34.28	-	-	-55.48	-
Gain (Loss) on Sale of Investments	1,595	1,595	1,318	611.82	-33.81	1,018
Gain (Loss) on Sale of Assets	1.59	1.59	0.9	1.73	3.11	-10.45
Asset Writedown	-5.12	-5.12	-7.46	-	-26.28	-3.95
Pretax Income	2,276	2,486	2,446	1,717	1,739	1,855
Income Tax Expense	385.53	518.32	318.32	-1,116	28.08	-33.99
Earnings From Continuing Operations	1,891	1,967	2,128	2,833	1,711	1,889
Minority Interest in Earnings	4.99	33.32	18.56	-	48.71	90.41
Net Income	1,896	2,001	2,147	2,833	1,759	1,980
Net Income to Common	1,896	2,001	2,147	2,833	1,759	1,980
Net Income Growth	6.52%	-6.80%	-24.23%	61.02%	-11.12%	182.97%
Shares Outstanding (Basic)	477	477	477	477	477	477
Shares Outstanding (Diluted)	477	477	477	477	477	477
Shares Change (YoY)	0.05%	-	-	-	-	-
EPS (Basic)	3.98	4.20	4.50	5.94	3.69	4.15
EPS (Diluted)	3.98	4.20	4.50	5.94	3.69	4.15
EPS Growth	6.60%	-6.75%	-24.24%	60.98%	-11.08%	182.82%
Free Cash Flow	-	-231.37	298.07	425.07	258.53	1,060
Free Cash Flow Per Share	-	-0.48	0.63	0.89	0.54	2.22
Gross Margin	33.47%	37.46%	39.82%	29.50%	44.96%	48.57%
Operating Margin	-1.17%	1.02%	3.95%	4.70%	5.23%	0.54%
Profit Margin	19.31%	19.90%	19.86%	25.53%	14.36%	15.14%
Free Cash Flow Margin	-	-2.30%	2.76%	3.83%	2.11%	8.11%
EBITDA	837.15	1,108	1,503	1,257	2,106	2,561
EBITDA Margin	8.53%	11.02%	13.91%	11.32%	17.18%	19.59%
D&A For EBITDA	951.86	1,005	1,077	734.94	1,464	2,490
EBIT	-114.71	102.74	426.9	521.6	641.31	70.79
EBIT Margin	-1.17%	1.02%	3.95%	4.70%	5.23%	0.54%
Effective Tax Rate	16.94%	20.85%	13.01%	-	1.62%	-
Revenue as Reported	12,258	12,495	12,877	12,309	13,468	14,982
Advertising Expenses	-	25.27	14.2	53.32	50.82	16.98

Source: S&P Global Market Intelligence. Standard template. Financial Sources.