Integrated Filing — IndAS



General information about company

Scrip Code 533137
NSE Symbol DEN
MSEI Symbol NOTLISTED
ISIN INE947J01015
Name of company DEN NETWORKS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-10-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 13-10-2025   15:00:00
End date and time of board meeting 13-10-2025   15:44:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 24,142.60 48,269.90
Other income 5,171.20 12,238.60
Total income 29,313.80 60,508.50
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 1,732.90 3,664.70
(e) Finance costs 46.00 101.10
(f) Depreciation, depletion and amortisation expense 2,325.30 4,761.00
(f) Other Expenses
1 Content Cost 15,246.20 30,253.50
2 Other Expenses 5,264.90 10,354.50
Total other expenses 20,511.10 40,608.00
Total expenses 24,615.30 49,134.80
3 Total profit before exceptional items and tax 4,698.50 11,373.70
4 Exceptional items 0.00 0.00
5 Total profit before tax 4,698.50 11,373.70
6 Tax expense
7 Current tax 715.40 1,620.70
8 Deferred tax 365.90 592.20
9 Total tax expenses 1,081.30 2,212.90
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,617.20 9,160.80
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (100.10) (279.70)
16 Total profit (loss) for period 3,517.10 8,881.10
17 Other comprehensive income net of taxes 6.80 15.20
18 Total Comprehensive Income for the period 3,523.90 8,896.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 3,516.10 8,938.10
Total profit or loss, attributable to non-controlling interests 1.00 (57.00)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 3,522.80 8,953.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1.10 (56.70)
21 Details of equity share capital
Paid-up equity share capital 47,676.60 47,676.60
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.74 1.87
Diluted earnings (loss) per share from continuing operations 0.74 1.87
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.74 1.87
Diluted earnings (loss) per share from continuing and discontinued operations 0.74 1.87
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to the consolidated unaudited financial results: 1. The figures for the corresponding previous period / year have been regrouped / rearranged wherever considered necessary to make them comparable. 2. The consolidated financial results relate to DEN NETWORKS LIMITED ('the Company' or 'the Parent Company'), its subsidiaries companies and its associates, collectively referred to as 'the Group'. 3. The audit committee has reviewed the above results and the Board of Directors has approved the above results and its release at their respective meetings held on 13th October 2025. The Statutory auditors of the Company have carried out a limited review of the above results for the quarter and half year ended 30th September 2025. 4. During the year ended 31 March 2019, the Company had allotted on preferential basis 28,14,48,000 equity shares of Rs. 72.66 each at a premium of Rs. 62.66 per share aggregating to Rs. 20,450.00 million. The proceeds of preferential allotment amounting to Rs. 20,450.00 million have been invested in mutual funds and fixed deposits, pending utilisation for the same.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 28,002.30
Capital work-in-progress 1,151.50
Investment property
Goodwill 14,958.30
Other intangible assets 434.40
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 6,251.60
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 336.00
Total non-current financial assets 6,587.60
Deferred tax assets (net) 7,836.50
Other non-current assets 12,386.60
Total non-current assets 71,357.20
2 Current assets
Inventories 0.00
Current financial asset
Current investments 1,58,905.00
Trade receivables, current 13,449.30
Cash and cash equivalents 990.90
Bank balance other than cash and cash equivalents 1,65,536.40
Loans, current 0.00
Other current financial assets 12,397.20
Total current financial assets 3,51,278.80
Current tax assets (net) 0.00
Other current assets 7,472.90
Total current assets 3,58,751.70
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 4,30,108.90
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 47,676.60
Other equity 3,23,232.90
Total equity attributable to owners of parent 3,70,909.50
Non controlling interest 3,951.40
Total equity 3,74,860.90
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 1,845.10
Total non-current financial liabilities 1,845.10
Provisions, non-current 497.80
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 1,196.30
Total non-current liabilities 3,539.20
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 133.50
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 36,689.20
Total Trade payable 36,822.70
Other current financial liabilities 2,059.20
Total current financial liabilities 38,881.90
Other current liabilities 12,051.60
Provisions, current 166.20
Current tax liabilities (Net) 609.10
Deferred government grants, Current 0.00
Total current liabilities 51,708.80
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 55,248.00
Total equity and liabilites 4,30,108.90
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) Notes related to Asset Liability tab: 1. Other non-current assets includes non current tax assets = 254.21 million. 2. Other non current financial liabilites includes Lease Liabilites = 184.51 million. 3. Other current financial liabilites includes Lease Liabilites = 30.91 million. Notes related to 'Cash flow Indirect' tab: 1. Adjustments for Decrease (Increase) in other current Assets include movement in current Assets (Financial and Non-Financial) and Non-Current Assets (Financial and Non Financial). 2. Adjustments for Increase (Decrease) in other current Liabilities include movement in current Liabilities (Financial and Non-Financial) and Non-Current Liabilities (Financial and Non Financial). 3. Adjustments for Provisions, current includes movement in current and non- current provisions



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Cable distribution network 23,396.10 46,927.00
2 Broadband 1,196.50 2,242.90
Total Segment Revenue 24,592.60 49,169.90
Less: Inter segment revenue 450.00 900.00
Revenue from operations 24,142.60 48,269.90
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Cable distribution network (472.40) (682.50)
2 Broadband 45.70 (81.30)
Total Profit before tax (426.70) (763.80)
i. Finance cost 46.00 101.10
ii. Other Unallocable Expenditure net off Unallocable income (5,171.20) (12,238.60)
Profit before tax 4,698.50 11,373.70
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Cable distribution network 95,093.90 95,093.90
2 Broadband 3,330.40 3,330.40
Total Segment Asset 98,424.30 98,424.30
Un-allocable Assets 3,31,684.60 3,31,684.60
Net Segment Asset 4,30,108.90 4,30,108.90
4 Segment Liabilities
Segment Liabilities
1 Cable distribution network 52,801.60 52,801.60
2 Broadband 2,446.40 2,446.40
Total Segment Liabilities 55,248.00 55,248.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 55,248.00 55,248.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit and loss 1020000 2050000
2 Share of others comperehensive income in associates to the extend that will not be reclassified to profits and loss 80000 150000
Total Amount of items that will not be reclassified to profit and loss 11.00 22.00
2 Income tax relating to items that will not be reclassified to profit or loss 4.20 6.80
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 6.80 15.20



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 11,373.70
Adjustments for reconcile profit (loss)
Adjustments for finance costs 93.50
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 1,131.70
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (10,864.10)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 8,107.50
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (322.40)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 4,761.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 50.90
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (1.20)
Adjustments for dividend income 0.00
Adjustments for interest income 6,398.90
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (5,805.90)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (123.80)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (9,371.70)
Net cash flows from (used in) operations 2,002.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 868.20
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,133.80
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 30.60
Purchase of property, plant and equipment 2,382.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 19.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 2,287.70
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,591.40)
Net cash flows from (used in) investing activities (1,636.10)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 237.60
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 138.50
Net cash flows from (used in) financing activities (99.10)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (601.40)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (601.40)
Cash and cash equivalents cash flow statement at beginning of period 1,592.30
Cash and cash equivalents cash flow statement at end of period 990.90