New Delhi, Apr 13 (PTI) Den Networks Ltd on Wednesday reported a 43.43 per cent increase in its consolidated net profit to Rs 48.61 crore for the fourth quarter ended March 2022.

The company had posted a net profit of Rs 33.89 crore during the January-March quarter of last year, Den Networks said in a regulatory filing.

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However, its total income was down 7.29 per cent to Rs 329.59 crore during the quarter under review. In the year-ago period, the same stood at Rs 355.52 crore.

Its revenue from cable distribution network was at Rs 289.01 crore and Rs 14.45 crore from broadband in the latest March quarter.

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Den Networks' total expenses stood at Rs 281.33 crore in the fourth quarter of last fiscal, down 12.85 per cent compared to the same period a year ago.

Share of Den Networks Ltd on Wednesday settled at Rs 42 apiece on BSE, down 1.18 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)