E-PaperDEN Networks Q1 Results Live : profit rise by 6.79% YOY
DEN Networks Q1 Results Live : Revenue decreased by 9.39% YoY & profit increased by 6.79% YoY
DEN Networks Q1 Results Live : DEN Networks announced their Q1 results on 15 Jul, 2024, revealing a 9.39% decrease in revenue but a 6.79% increase in profit year-over-year.
Quarterly comparison showed a 4.07% decline in revenue and a significant 42.43% decrease in profit.
The company managed to lower Selling, general & administrative expenses by 2.1% quarter-on-quarter and 11.5% year-on-year.
Operating income took a hit, decreasing by 79.73% compared to the previous quarter and 15.5% year-on-year.
The Earnings Per Share (EPS) for Q1 stood at ₹0.95, marking a 6.74% increase year-on-year.
In terms of stock performance, DEN Networks delivered a 1.18% return in the last week, while showing negative returns of -10.26% in the last 6 months and -2.24% year-to-date.
Currently, DEN Networks holds a market capitalization of ₹2661.31 Cr with a 52-week high/low of ₹69.4 & ₹33.65 respectively.
DEN Networks Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 247.53 | 258.02 | -4.07% | 273.18 | -9.39% |
| Selling/ General/ Admin Expenses Total | 161.09 | 164.55 | -2.1% | 182.01 | -11.5% |
| Depreciation/ Amortization | 25.69 | 27.91 | -7.95% | 28.06 | -8.44% |
| Total Operating Expense | 245.07 | 245.91 | -0.34% | 270.28 | -9.32% |
| Operating Income | 2.45 | 12.11 | -79.73% | 2.9 | -15.5% |
| Net Income Before Taxes | 55.47 | 68.78 | -19.35% | 49.99 | +10.96% |
| Net Income | 45.52 | 79.06 | -42.43% | 42.62 | +6.79% |
| Diluted Normalized EPS | 0.95 | 1.66 | -42.77% | 0.89 | +6.74% |
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