DEN Networks announced their Q4 FY24 results on 16 Apr, 2024, revealing a decrease in revenue by 8.8% and a significant decline in profit by 40.78% YoY.
In comparison to the previous quarter, the company experienced a 5.47% drop in revenue but managed to increase profit by 67.2%.
Selling, general & administrative expenses saw a decline of 4.74% q-o-q and 5.74% Y-o-Y.
Operating income also showed a decrease of 3.7% q-o-q, but a substantial increase of 75.16% Y-o-Y.
The Earnings Per Share (EPS) for Q4 FY24 was reported at ₹1.66, marking a decrease of 40.99% Y-o-Y.
DEN Networks’ recent performance in the market includes a -4.28% return in the last week, -0.49% return in the last 6 months, and a YTD return of -11.91%.
Currently, DEN Networks holds a market cap of ₹2398.13 Cr with a 52-week high/low of ₹69.4 & ₹28.85 respectively.
| Period | Q4 FY24 | Q3 FY24 | Q-o-Q Growth | Q4 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 258.02 | 272.94 | -5.47% | 282.91 | -8.8% |
| Selling/ General/ Admin Expenses Total | 164.55 | 172.72 | -4.74% | 174.57 | -5.74% |
| Depreciation/ Amortization | 27.91 | 28.09 | -0.66% | 29.16 | -4.31% |
| Total Operating Expense | 245.91 | 260.37 | -5.55% | 276 | -10.9% |
| Operating Income | 12.11 | 12.57 | -3.7% | 6.91 | +75.16% |
| Net Income Before Taxes | 68.78 | 61.9 | +11.11% | 31.26 | +120.01% |
| Net Income | 79.06 | 47.28 | +67.2% | 133.5 | -40.78% |
| Diluted Normalized EPS | 1.66 | 0.99 | +67.68% | 2.81 | -40.99% |
FAQs
Question : What is the Q4 FY24 profit/Loss as per company?
Ans : ₹79.06Cr
Question : What is Q4 FY24 revenue?
Ans : ₹258.02Cr
Stay updated on quarterly results with our results calendar
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates & Live Business News.
Published: 19 Apr 2024, 03:51 AM IST