 "Den Networks")
Cable operator Den Networks recorded turnaround at the profit before tax (PBT) level on a consolidated basis at Rs 6 crore as against a loss of Rs 38 crore in Q1FY17. In the preceding quarter (Q4FY17), the company posted a loss of Rs 35 crore. The cable business registered PBT of Rs 15 crore in Q1FY18.
Total income grew from Rs 278 crore in Q1FY17 to Rs 322 crore this year. Revenue from cable business grew to Rs 293 crore in Q1FY18 as compared to Rs 251 crore in the same quarter last fiscal. The company said that the increase
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