Den Networks (NSE:DEN, BOM:533137) recorded a decline in its attributable consolidated net profit to 364.3 million Indian rupees in the fiscal fourth quarter from 598.6 million rupees a year earlier, according to an Indian bourse filing on Tuesday.
Shares of the cable TV service provider rose 1% in Wednesday's trade.
Earnings per share in the quarter ended March 31 fell to 0.81 rupees from 1.30 rupees a year prior.
Revenue from operations in fiscal Q4 slipped to 2.41 billion rupees from 2.48 billion rupees.