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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	23-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	CABLE
Start date and time of board meeting	23-Apr-2025   14:30:00
End date and time of board meeting	23-Apr-2025   15:35:00
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	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-04-23
Indicate Company website link for updated RPT policy of the Company	https://dennetworks.com/upload/code_conduct/Related%20Party%20Transactions%20Policy-DEN.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
NA

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	2435620000	9891450000
	Other income	651510000	2388320000
	Total income	3087130000	12279770000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	162040000	651520000
(e)	Finance costs	4900000	20700000
(f)	Depreciation, depletion and amortisation expense	187140000	723060000
(f)	Other Expenses
1	Cost of traded items	18030000	165620000
2	Content cost	1418800000	5794600000
3	Placement Fees	484070000	1657070000
4	Other Expenses	536470000	1678730000
	Total other expenses	2457370000	9296020000
	Total expenses	2811450000	10691300000
3	Total profit before exceptional items and tax	275680000	1588470000
4	Exceptional items	0	0
5	Total profit before tax	275680000	1588470000
6	Tax expense
7	Current tax	99890000	136680000
8	Deferred tax	-64100000	277830000
9	Total tax expenses	35790000	414510000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	239890000	1173960000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	239890000	1173960000
17	Other comprehensive income net of taxes	1870000	4870000
18	Total Comprehensive Income for the period	241760000	1178830000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	4767660000	4767660000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		32539290000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.5	2.46
	Diluted earnings (loss) per share from continuing operations	0.5	2.46
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	0.5	2.46
	Diluted earnings (loss) per share from continuing and discontinued operations	0.5	2.46
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes to the standalone audited financial results: n1 The figures for the corresponding previous period / year have been regrouped / rearranged wherever considered necessary to make them comparable. n nThe figures for the quarter ended 31st March 2025 and 31st March 2024 are balancing figures between the audited figures in respect of full financial year and reviewed year to date figures up to the third quarter of the current financial year and previous financial year. n n2 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 23rd April 2025. The Statutory auditors have issued audit reports with unmodified opinion on the above results. n n3 The Company is engaged only in the cable business hence there is no separate reportable segment as per requirements of Ind AS 108 – Operating Segments. n n4 During the year ended 31st 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, bonds 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
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2189430000
	Capital work-in-progress	121660000
	Investment property
	Goodwill	0
	Other intangible assets	52970000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	5086330000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	26380000
	Total non-current financial assets	5112710000
	Deferred tax assets (net)	580130000
	Other non-current assets	670860000
	Total non-current assets	8727760000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	14320160000
	Trade receivables, current	2082500000
	Cash and cash equivalents	106110000
	Bank balance other than cash and cash equivalents	16383140000
	Loans, current	0
	Other current financial assets	409970000
	Total current financial assets	33301880000
	Current tax assets (net)
	Other current assets	467000000
	Total current assets	33768880000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	42496640000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4767660000
	Other equity	32539290000
	Total equity attributable to owners of parent	37306950000
	Non controlling interest
	Total equity	37306950000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	200380000
	Total non-current financial liabilities	200380000
	Provisions, non-current	20970000
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities	72630000
	Total non-current liabilities	293980000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	6680000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	3752410000
	Total Trade payable	3759090000
	Other current financial liabilities	355130000
	Total current financial liabilities	4114220000
	Other current liabilities	772860000
	Provisions, current	8630000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	4895710000
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	5189690000
	Total equity and liabilites	42496640000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

Notes related to 'Assets Liabilities' tab (Rs. In Million): n nOther Non-current assets of 670.86 includes the following: n- Non-current tax assets (net) – 126.91 n- Other non-current assets – 543.95 n nOther Non Current Financial Liabilities of 200.38 includes the following: n- Lease Liabilities – 200.38 n nOther Current Financial Liabilities of 355.13 includes the following: n- Lease Liabilities – 29.45 n- Other Financial Liabilities – 325.68

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	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	2500000	6510000
	Total Amount of items that will not be reclassified to profit and loss	2500000	6510000
2	Income tax relating to items that will not be reclassified to profit or loss	630000	1640000
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
5	Total Other comprehensive income	1870000	4870000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1588470000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			20440000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-573350000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-317230000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			584610000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-189820000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			723060000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-87610000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			120000
	Adjustments for dividend income			14540000
	Adjustments for interest income			801590000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1559480000
	Other adjustments to reconcile profit (loss)			114970000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-2100420000
	Net cash flows from (used in) operations			-511950000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			162070000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-674020000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			1100000000
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			2530000
	Purchase of property, plant and equipment			293970000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			14540000
	Interest received			1033890000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1189050000
	Net cash flows from (used in) investing activities	667940000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			45720000
	Dividends paid			0
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-13820000
	Net cash flows from (used in) financing activities			-59540000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-65620000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-65620000
	Cash and cash equivalents cash flow statement at beginning of period			171730000
	Cash and cash equivalents cash flow statement at end of period			106110000