Den Networks Ltd Reports Strong Financials for FY 2024-25, Moving Towards Expansion Phase
Den Networks Ltd, a leading cable television company, has reported a robust financial performance for the financial year 2024-25. The company's Annual Report, including the Notice of Annual General Meeting, has been uploaded on the company's website. Den Networks has a strong foundation with a decade of CATV experience, content tie-ups with major broadcasters, and over 14000 operational parameters. The company reported a subscription income of 4,694 Mn, representing an 11% operating EBITDA. Den Networks operates in 13 states and has a healthy balance sheet with 1,121 Mn operating EBITDA and 31,464 Mn cash reserves. The company is moving towards an expansion phase with a strong parent company, experienced management support, and best-in-class operations in over 450 cities.
Key Highlights
- Den Networks reported a robust financial performance for FY 2024-25 with a subscription income of 4,694 Mn and an 11% operating EBITDA.
- The company has a strong foundation with a decade of CATV experience, content tie-ups with major broadcasters, and over 14000 operational parameters.
- Den Networks operates in 13 states and has a healthy balance sheet with 1,121 Mn operating EBITDA and 31,464 Mn cash reserves.
- The company is moving towards an expansion phase with a strong parent company and experienced management support.
- Den Networks has best-in-class operations in over 450 cities.