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DEN Networks Q4 FY24 Results Live : profit falls by 40.78% YOY
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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%.
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