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October 13, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza,
Dalal Street Plot no. C/1, G- Block
Mumbai - 400 001 Bandra - Kurla Complex,
Bandra (East), Mumbai - 400 051
Scrip Code - 533137 Trading Symbol - DEN
Dear Sir(s),
Sub: Standalone and Consolidated Unaudited Financial Results for the quarter and
half-year ended September 30, 2026
In continuation of our letter dated October 06, 2026 and pursuant to Regulation 33 and
other applicable provisions of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we attach the Unaudited
Financial Results (Standalone and Consolidated) for the quarter and half-year ended
September 30, 2026, along with Independent Auditor's Review Reports thereon.
The said Financial Results were duly reviewed and recommended by the Audit Committee
and approved by the Board of Directors of the Company, at their respective meetings held
today.
The aforesaid Financial Results can also be accessed at the Company's website at
www.dennetworks.com.
The meeting of the Board of Directors commenced at 02:50 P.M. (IST) and concluded at
3:32 P.M. (IST).
This is for your information and records.
Thanking you,
Yours faithfully,
For DEN NETWORKS LIMITED
Hema Kumari
Company Secretary & Compliance Officer
Encl.: as above
DEN Networks Limited
CIN: L92490MH2007PLC344765
Corp. Office: 236, Okhla Industrial Estate, Phase-lIl, New Delhi-110 020
Landline: +91 11 40522200 || Facsimile: +91 11 40522203 || E-mail: den@denonline.in || www.dennetworks.com
Regd. Office: Unit No.116, First Floor, C Wing Bldg. No.2, Kailas Industrial Complex L.B.S Marg Park Site
Vikhroli(W), Mumbai, Mumbai City, Maharashtra, India, 400079
Landline: +91 22 25170178 || E-mail: den@denonline.in || www.dennetworks.com
CHATURVEDI £3 SHAH u-
Chartered Accountants
Independent Auditor’s Review Report on Unaudited Standalone Financial Results
of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015
The Board of Directors of
DEN NETWORKS LIMITED
4. We have reviewed the accompanying statement of unaudited standalone financial
results of Den Networks Limited (“the Company”) for the quarter and half year
ended 30" September, 2026 (“the statement”), attached herewith, being submitted
by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing
Regulation”), as amended.
2. This statement, which is the responsibility of the Company’s management and
approved by the Company’s Board of Directors, has been prepared in accordance
with the recognition and measurement principles laid down in Indian Accounting
Standard 34, “Interim Financial Reporting” (Ind AS 34) as prescribed under section
133 of the Companies Act, 2013 read with relevant rules issued thereunder and
other accounting principles generally accepted in India. Our responsibility is to
issue a report on the statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on
Review Engagement (SRE) 2410, “Review of Interim Financial Information
Performed by the Independent Auditor of the Entity” issued by the Institute of
Chartered Accountants of India. This standard requires that we plan and perform
the review to obtain moderate assurance as to whether the statement is free of
material misstatement. A review of interim financial information consists of making
enquiries, primarily of the Company's personnel responsible for financial and
accounting matters and applying analytical and other review procedures. A review
is substantially less in scope than an audit conducted in accordance with
Standards on Auditing specified under section 143(10) of the Companies Act,
2013 and consequently does not enable us to obtain assurance that we would
become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
CHATURVEDI [23 SHAHu
Chartered Accountants
Based on our review conducted as above, nothing has come to our attention that
causes us to believe that the accompanying statement of unaudited standalone
financial results, prepared in accordance with the applicable accounting standards
and other recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the Listing
Regulations, as amended, including the manner in which it is to be disclosed, or
that it contains any material misstatement.
For Chaturvedi & Shah LLP
Chartered Accountants
Registration No. 101720W/ W100355
Anuj Bhatia
Partner
Membership No. 122179
UDIN: 26122179KZRLJT9048
Place: Mumbai
Date : 13" October, 2026
DEN NETWORKS LIMITED
CIN: L92490MH2007PLC344765
Registered Office: Unit No,116, First Floor,C Wing Bldg. No.2 Kailas, Industrial Complex L.B.S Marg
Park Site Vikhroli(W), Mumbai- 400079
STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMGER, 2026
(Rs. in million, except per share data)
Partic a ulars Q u (a Ur nt ae ur d itE en dd )e d Hal (f U nY ae ua dr i teE dn )d ed Y (ea Ar u diE tn ed de )d
30th Sept'26 30th June'26 | 30th Sept'25 30th Sept'26 30tti Sept'2S5 | 31st March'26
1. |Income
(a) Revenue from operations 2,368.97 2,569.63 2,480.15 4,938.60 4,936.21 10,009.17
(b) Other income 616.09 537.82 505.51 1,153.91 1,200.29 2,272.93
2. |Total income 2,985.06 3,107.45 2,985.66 6,092.51 6,136.50 12,282.1C
3. |Expenses
(a) Cost of traded items 11.40 11,62 16.97 23.02 29.89 48.84
(b) Content cost 1,611.43 1,639.64 1,511.94 3,251.07 2,999.83 6,158.52
(c) Placement fees 369.70 354.75 423.70 724.45 784.99 1,667.00
(d) Employee benefits expense 108,02 112.60 136.60 220.62 294.50 548.64
(2) Finance costs 2.98 4.12 4.60 7.10 10.10 18.82
(f) Depreciation and amortisation expenses 143.43 150.79 167,62 294.22 338,71 652.01
(g) Other expenses 356.16 390.70 403.58 746.86 773.12 1,554.49
4. |Total expenses 2,603.12 2,664.22 2,665.01 5,267.34 5,231.14 10,648.32
5. |Profit before tax (2-4) 331.94 443,23 320.65 825,17 905.36 1,633.78
4. |Tax expense
(a) Current tax 91.16 89.20 56.40 180.36 111.40 727.76
(b) Deferred tax 6.62 24.85 32.91 31.47 54.46 (321.51)
7. |Total tax expense 97.73 114.05 89.31 211.83 165.86 406.25
8. |Profit after tax (5-7) 284.16 329.18 231.34 613.34 739.50 1,227.53
9. |Other cumprehensive income:
a) Items that will not be reclassified tu profit and loss (10.39) 6.69 1.64 (3.70) 2.65 (2.32)
b) Income tax effect on above 2.61 (1.68) (0.42) 0.93 (0.67) 0.58
10. | Total other comprehensive income (7.78) 5.01 1.22 (2.77) 1.98 (1.74)
11. |Total comprehensive income (8+10) 276.38 334.19 232.56 610.57 741.48 1,225.79
12. |Paid-up equity share capital (net) (Face value Rs. 10/-) 4,767.66 4,767.66 4,767.66 4,767.66 4,767.66 4,767.66
13. Other Equity excluding revaluation reserve 33,765.08
14, |Earnings per share (EPS) (Face value Rs. 10/-)
(a) Basic EPS 0.60* 0.69* 0.49* 1,29* 1.55" 2.57
(b) Diluted EPS 0.60* 0.69* 0,49* 1,29* a55* 2.57
*not annualised
See accompanying notes to the standalone unaudited
financial results
DEN NETWORKS LIMITED
CIN: L92490MH2007PLC344765
Registered Office: Unit No.116,First Floor,C Wing Bldg. No.2 Kailas, Industrial Complex L.B.S Marg
Park Site Vikhroli(W), Mumbai -400079
STANDALONE BALANCE SHEET
(Rs. in million)
As at As at
Particulars 30.09.2026 31.03.2026
Unaudited Audited
A. ASSETS
1. Non-current assets
(a) Property, plant and equipment 1,582.88 1,842.41
(b) Capital work-in-progress
64.10 72.71
(c) Other intangible assets 20.71 27.62
(d) Financial assets
(i) Investments
5,042.05 5,081.35
(ii) Other Financial assets 25.15 26.98
(e) Deferred tax assets (net) 871.68 902.22
(f) Non-current tax assets (net) 73.04 156.70
(g) Other non-current assets 781.32 748.19
Total non-current assets 8,460.93 8,858.18
2. Current assets
(a) Financial assets
(i) Investments
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