NEW DELHI, Aug 1: Cable television services firm Den Networks Ltd today reported a consolidated net loss of Rs 51.89 crore for first quarter ended on June 30, 2015-16.
The company had posted consolidated net profit of Rs 1.12 crore in the April-June period of last fiscal.
Den Networks’ total revenue on consolidated basis during the quarter under review also declined 11.11 per cent to Rs 265.60 crore as against Rs 298.81 crore in the year-ago period, Den Networks said in a filing to the BSE.
Meanwhile, in a separate filing Den Networks informed BSE that its Chairman Managing Director Sameer Manchanda has been re-appointment on the recommendation of the Nomination and Remuneration Committee), which would be subject to approval of the shareholders. (PTI)
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