Den Networks reports another loss for Q1 2015

Follow Us

Den Networks, India’s leading cable TV distribution company reported a huge loss of Rs. 62.08 crore in Q1 quarter of 2015. The company had reported a profit last year during Q1 2014, with Rs. 10.05 crore.

DEN-shopping-channel




The net loss is reported to Rs 144.01 crore in the year, against the net profit of Rs. 38.40 crore during the previous year ended March 2014. The sales too seems to be a loss, around 11.83 percent registered at Rs. 261. 66 crore against the sales of Rs. 296.78 crore during March 2014.

Den Network is reporting a consecutive loss from past two quarters. In December 2014, Den had reported a consolidated net loss of Rs. 62.60 crore. In September 2014, Den Networks loss was calculated around Rs. 20.45 crore.

Also read: DEN Networks joins hands with the E Retailer giant Snapdeal to launch a Tele Shopping Channel

The Q1 quarter result is an implication that Den Networks seems to lose its leading position in the market.

Reported By

Reporter

An astute writer with a track record in writing and publishing content for various industries, Ria brings on board her wealth of experience in journalism and love for technology to TelecomTalk. When not writing or reading, she spends a copious amount of time daydreaming and finding obscure Japanese folklore on the internet.

Recent Comments

Faraz :

Does Bharti Hexacom provide Airtel 5G services in N.E and Rajasthan Or Both are offering 5G seperately ? Who bought…

Bharti Hexacom IPO Set for April 3, TCIL to Sell…

Faraz :

Nice.. & BSNL 60 Mbps is even perfect plan for many if there are more than 5 devices connected. Many…

BSNL 60 Mbps Plan is Likely One of the Best…

Faraz :

Budget phones have degraded more than any other budget phones since pandemic. They are still selling some craps like Helio…

POCO C61 to Launch on March 26, 2024

shivraj roy :

i feel Vi has improved than what it was in 2022 i usually get around 8-10mbps in very heavily dense…

5G Users Consuming 3.6 Times More Data than 4G Users…

biswadeepmondal :

JioAir Fiber is working very well in KPA & HLR. Sadly they don't have any data only plan.

REP: Airtel Expands Network Footprint in Bankura District of West…

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments