Den Networks Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 22, 2025
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DEN Networks has informed the exchanges about its 18th Annual General Meeting scheduled for August 22, 2025, along with the dispatch of the FY 2024-25 Annual Report to members via email. The company's consolidated revenue from operations declined to ₹10,054 million from ₹10,807 million in the previous year, while profit after tax fell to ₹1,967 million from ₹2,128 million. Standalone revenue dropped to ₹9,891 million with PAT of ₹1,174 million versus ₹1,757 million last year. The company remains a zero-debt entity with strong cash reserves of ₹31,464 million and negative net debt. No dividend has been recommended for the year. Eight step-down subsidiaries were amalgamated into wholly-owned subsidiary Futuristic Media and Entertainment Limited, effective January 1, 2025, to streamline the group structure.
Mixed signals for shareholders — top-line and bottom-line both declined year-on-year, and there is no dividend, but the company maintains a debt-free balance sheet with ₹31,464 million in cash reserves, offering financial flexibility. The subsidiary consolidation should improve operational efficiency going forward, while investors should note the absence of any dividend payout this year.