Den Networks shares rose 3% after the company announced its Q1 FY26 results, showing a mixed but resilient performance. As of 10:09 AM, the shares were trading 2.84% higher at Rs 40.22.
Revenue from operations slipped 2.5% year-on-year to ₹241.27 crore, down from ₹247.53 crore in Q1 FY25 and ₹248.10 crore in the previous quarter. However, the company posted a solid 24% YoY jump in net profit at ₹53.64 crore, compared to ₹43.29 crore last year, though slightly lower than ₹59.86 crore in Q4 FY25.
Profit before tax stood at ₹64.96 crore, improving from ₹55.47 crore in the year-ago quarter but down from ₹68.73 crore in the previous one. Total income for the quarter came in at ₹311.95 crore, nearly flat quarter-on-quarter and marginally higher than last year’s ₹302.73 crore.
Expenses remained stable at ₹245.20 crore, while tax costs increased to ₹11.32 crore from ₹1.20 crore in Q1 FY25. Total comprehensive income was ₹53.72 crore, up from ₹43.39 crore YoY, though lower than ₹60.20 crore in the previous quarter.
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