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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -3.79 % over the year, decrease in net sales/revenue by -18.5 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -6.11 %, Marginal increase in other income during this quarter, up by 51.42%.
- Profit over the Year and quarter: Significant improvement in profitability for HT Media Limited. Notable increase of 45.36 % in net profit Year to Year, HT Media Limited’s profitability increased by 8800 % in this quarter.
- EPS over the Year and quarter: EPS increased by 37.50 % Year to Year. EPS decreased by -2300 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 393.42 Cr | Rs. 464.41 Cr | Rs. 378.51 Cr | -18.5 % | -3.79 % |
| Expenses | Rs. 418.31 Cr | Rs. 463.05 Cr | Rs. 419.75 Cr | -9.35 % | + 0.34 % |
| Operating Profit | Rs. -24.89 Cr | Rs. 1.36 Cr | Rs. -41.24 Cr | -3132.35 % | -65.69 % |
| OPM % | -6.33 % | 0.29 % | -10.9 % | -11.19 % | -4.57 % |
| Other Income | Rs. 51.75 Cr | Rs. 32.09 Cr | Rs. 48.59 Cr | + 51.42 % | -6.11 % |
| Interest | Rs. 17.77 Cr | Rs. 19.86 Cr | Rs. 16.93 Cr | -14.75 % | -4.73 % |
| Depreciation | Rs. 30.06 Cr | Rs. 30.5 Cr | Rs. 26.76 Cr | -12.26 % | -10.98 % |
| Profit before tax | Rs. -20.97 Cr | Rs. -16.91 Cr | Rs. -36.34 Cr | -114.9 % | -73.3 % |
| Tax % | -9.49 % | -98.17 % | -24.08 % | + 74.09 % | -14.59 % |
| Net Profit | Rs. -18.98 Cr | Rs. -0.31 Cr | Rs. -27.59 Cr | -8800 % | -45.36 % |
| EPS in Rs | Rs. -0.8 | Rs. -0.05 | Rs. -1.1 | -2100 % | -37.5 % |
Today, we’re looking at HT Media Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.79 %. However, it did see a marginal slip of -18.5 % from the previous quarter. Expenses decreased slightly by -9.35 % quarter-on-quarter, aligning with the annual rise of 0.34 %. Operating profit, while down -65.69 % compared to last year, faced a quarter-on-quarter dip of -3132.35 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.57 %, but a shrinkage of -11.19 % sequentially. Other income rose by 51.42 % compared to the last quarter, despite an annual decline of -6.11 %. Interest expenses dropped significantly by -14.75 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.73 %. Depreciation costs fell by -12.26 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.98 %. Profit before tax declined annually by -73.3 % but saw a reduction from the preceding quarter by -114.9 %.
Tax expenses as a percentage of profits decreased slightly by -14.59 % compared to last year, with a more notable quarter-on-quarter increase of 74.09 %. Net profit fell by -45.36 % year-on-year but witnessed a -8800 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -37.5 % but a quarterly fall of -2100 %. In summary, HT Media Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 393.42 Cr | Rs. 464.41 Cr | Rs. 378.51 Cr | -18.5 % | -3.79 % |
| Expenses | Rs. 418.31 Cr | Rs. 463.05 Cr | Rs. 419.75 Cr | -9.35 % | + 0.34 % |
| Operating Profit | Rs. -24.89 Cr | Rs. 1.36 Cr | Rs. -41.24 Cr | -3132.35 % | -65.69 % |
| Net Profit | Rs. -18.98 Cr | Rs. -0.31 Cr | Rs. -27.59 Cr | -8800 % | -45.36 % |
| EPS in Rs | Rs. -0.8 | Rs. -0.05 | Rs. -1.1 | -2100 % | -37.5 % |
In reviewing HT Media Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.79 % year-on-year, although there was a slight dip of -18.5 % from the previous quarter. Expenses rose by 0.34 % compared to the previous year, with a decrease of -9.35 % quarter-on-quarter. Operating Profit dropped by -65.69 % annually, and saw a -3132.35 % decrease from the last quarter.
Net Profit showed yearly decrease of -45.36 %, and experienced a -8800 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -37.5 % annually, however dipped by -2100 % compared to the last quarter. In essence, while HT Media Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
