Den Networks Limited reported its financial results for the second quarter of FY26, posting a profit after tax (PAT) of Rs 35 crore, down 32% year-on-year (YoY) compared to Rs 52 crore in Q2 FY25. On a sequential basis, the company’s profit also fell from Rs 54 crore in Q1 FY26, reflecting softer earnings in the quarter.
The company’s consolidated total revenue remained steady at Rs 241 crore, marginally lower than Rs 249 crore in the same quarter last year. Meanwhile, EBITDA stood at Rs 19 crore, representing an 8% EBITDA margin, compared to 9% in the previous quarter and 11% a year earlier.
According to the company’s financial presentation, content costs increased to Rs 152 crore, up 9% YoY, while personnel and operating expenses showed a decline. Total costs stood at Rs 222 crore, up 1% year-on-year.
The profit before tax (PBT) came in at Rs 46 crore, compared to Rs 69 crore in Q2 FY25. Cash and cash equivalents remained strong at Rs 3,254 crore, underscoring a healthy liquidity position.
Den Networks noted that its subscription revenue declined 17% YoY to Rs 101 crore, while placement and marketing income rose 17% to Rs 129 crore.
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