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Q4 results: Den Networks reports 51% hike in net profit at Rs 34 cr

Den Networks on Friday reported 50.56 per cent rise in consolidated net profit at Rs 33.89 crore for the fourth quarter ended March 31, 2021.

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Press Trust of India New Delhi

Den Networks on Friday reported 50.56 per cent rise in consolidated net profit at Rs 33.89 crore for the fourth quarter ended March 31, 2021.

The company had posted a net profit of Rs 22.51 crore in the year-ago period, Den Networks said in a regulatory filing.

However, total income was down 3.49 per cent at Rs 355.52 crore during the quarter under review as against Rs 368.39 crore in the same period a year ago.

Total expenses were at Rs 322.84 crore in the quarter.

Den Networks stock on Friday settled at Rs 48.30 on BSE, up 2.11 per cent from the previous close.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 16 2021 | 8:37 PM IST

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