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	Consolidated
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	Multi segment
Description of single segment
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

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	Consolidated	Consolidated
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	2480960000	10054080000
	Other income	646620000	2441260000
	Total income	3127580000	12495340000
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	198980000	797760000
(e)	Finance costs	5040000	20900000
(f)	Depreciation, depletion and amortisation expense	262460000	1057650000
(f)	Other Expenses
1	Content Cost	1432410000	5847990000
2	Other Expenses	565340000	2287610000
	Total other expenses	1997750000	8135600000
	Total expenses	2464230000	10011910000
3	Total profit before exceptional items and tax	663350000	2483430000
4	Exceptional items	0	0
5	Total profit before tax	663350000	2483430000
6	Tax expense
7	Current tax	149800000	229530000
8	Deferred tax	-61090000	288790000
9	Total tax expenses	88710000	518320000
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	574640000	1965110000
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	23970000	2190000
16	Total profit (loss) for period	598610000	1967300000
17	Other comprehensive income net of taxes	3340000	6650000
18	Total Comprehensive Income for the period	601950000	1973950000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	621820000	2000620000
	Total profit or loss, attributable to non-controlling interests	-23210000	-23210000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	2950000	6040000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	390000	610000
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		31427990000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.3	4.2
	Diluted earnings (loss) per share from continuing operations	1.3	4.2
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	1.3	4.2
	Diluted earnings (loss) per share from continuing and discontinued operations	1.3	4.2
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. 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 upto the third quarter of previous financial year. n n2. 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. ntttttttt n3. 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 n n4. During the year ended 31 March 2019 the Company had allotted on preferential basis 281448000 equity shares of Rs. 72.66 each at a premium of Rs. 62.66 per share aggregating to Rs. 20450.00 million. The proceeds of preferential allotment amounting to Rs. 20450.00 million have been invested in mutual funds and fixed deposits pending utilisation for the same. n n5. Eight Step down wholly-owned subsidiaries of the Company have almalgamated with Futuristic Media and Entertainment Limited FMEL a wholly-owned subsidiary of the Company effective from April 11 2025 pursuant to the order of the Regional Director Northern Region with the appointed date of January 1 2025. n nPursuant to the Scheme of Amalgamation Scheme becoming effective the Amalgamated Company have accounted for the arrangement with effect from the appointed date based on the accounting treatment prescribed in the Scheme. There is no impact on consolidated financial results of the Company because all the Amalgamating companies involved in the Scheme were wholly owned subsidiaries at group level. n

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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	3074390000
	Capital work-in-progress	143360000
	Investment property	0
	Goodwill	1495830000
	Other intangible assets	57700000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	652980000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	33330000
	Total non-current financial assets	686310000
	Deferred tax assets (net)	843540000
	Other non-current assets	1013960000
	Total non-current assets	7315090000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	14511450000
	Trade receivables, current	1504690000
	Cash and cash equivalents	159230000
	Bank balance other than cash and cash equivalents	16792990000
	Loans, current	0
	Other current financial assets	511730000
	Total current financial assets	33480090000
	Current tax assets (net)	0
	Other current assets	626730000
	Total current assets	34106820000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	41421910000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	4767660000
	Other equity	31427990000
	Total equity attributable to owners of parent	36195650000
	Non controlling interest	400810000
	Total equity	36596460000
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	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	200380000
	Total non-current financial liabilities	200380000
	Provisions, non-current	45900000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	130760000
	Total non-current liabilities	377040000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	6840000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2916140000
	Total Trade payable	2922980000
	Other current financial liabilities	362540000
	Total current financial liabilities	3285520000
	Other current liabilities	1145430000
	Provisions, current	17460000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	4448410000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	4825450000
	Total equity and liabilites	41421910000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

Notess related to Asset Liability tab n n1. Other non current assets includes non current tax assets 268.55. million. n2. Other non current financial liabilites includes Lease Liabilites 200.38 million. n3.Other current financial liabilites includes Lease Liabilites 29.45 million. n nNotes related to Cash flow Indirect tab n n1. 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. n n2. 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. n n3. Adjustments for Provisions current includes movement in current and non current provisions.

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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Cable distribution network	2421300000	9780350000
2	Broadband	104660000	453730000
	Total Segment Revenue	2525960000	10234080000
	Less: Inter segment revenue	45000000	45000000
	Revenue from operations	2480960000	10054080000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Cable distribution network	36060000	124600000
2	Broadband	-14290000	-61530000
	Total Profit before tax	21770000	63070000
	i. Finance cost	5040000	5040000
	ii. Other Unallocable Expenditure net off Unallocable income	-646620000	-646620000
	Profit before tax	663350000	2483430000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Cable distribution network	8944170000	8944170000
2	Broadband	361020000	361020000
	Total Segment Asset	9305190000	9305190000
	Un-allocable Assets	32116720000	32116720000
	Net Segment Asset	41421910000	41421910000
4	Segment Liabilities
	Segment Liabilities
1	Cable distribution network	4579760000	4579760000
2	Broadband	245690000	245690000
	Total Segment Liabilities	4825450000	4825450000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	4825450000	4825450000
	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	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	4290000	8630000
2	Share of Other Comprehensive income in associates to the extent that will not be reclassified to profits and loss	320000	300000
	Total Amount of items that will not be reclassified to profit and loss	4610000	8930000
2	Income tax relating to items that will not be reclassified to profit or loss	1270000	2280000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit and loss	0	0
	Total Amount of items that will be reclassified to profit and loss	0	0
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	3340000	6650000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			2483430000
	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			-397180000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-361680000
	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			377630000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-104620000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1057650000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-82080000
	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			0
	Adjustments for interest income			832760000
	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			-1596120000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-65380000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-1983980000
	Net cash flows from (used in) operations			499450000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			316450000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			183000000
	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			0
	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			10860000
	Purchase of property, plant and equipment			414370000
	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			8000000
	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			0
	Interest received			1066180000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-888460000
	Net cash flows from (used in) investing activities	-217790000
	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			11420000
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-14410000
	Net cash flows from (used in) financing activities			-71550000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-106340000
	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			-106340000
	Cash and cash equivalents cash flow statement at beginning of period			265570000
	Cash and cash equivalents cash flow statement at end of period			159230000