Cable and broadband companies supplier Den Networks on Wednesday reported a 61.41 per cent decline in its consolidated web revenue to Rs 36.77 crore within the second quarter ended September 30.
The corporate had reported a web revenue of Rs 95.30 crore within the September 2019 quarter, Den Networks mentioned in a regulatory submitting.
Its complete revenue stood at Rs 378.81 crore, up 1.06 per cent throughout the quarter as in opposition to Rs 374.82 crore a 12 months in the past.
Den Networks’ complete bills had been at Rs 338 crore as in opposition to Rs 365.27 crore, down 7.46 per cent.
Its income from cable distribution community was Rs 318.82 crore and from broadband companies, Rs 18.84 crore.
Shares of Den Networks Ltd on Wednesday settled at Rs 85.75 on the BSE, down three.43 per cent from the earlier shut.
(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)
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