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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 65.70% in the past year Substantial increase in net sales/revenue by 38.98%.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 347.04%Marginal decrease of -0.52% in other income during this quarter
- Profit over the Year and quarter: Challenges in sustaining profitability for TV18 Broadcast Ltd.. Profit dropped by -797.97% Year to YearTV18 Broadcast Ltd.’s profitability increased by 145.78% in this quarter.
- EPS over the Year and quarter: EPS declined by -242.86% Year to Year.EPS increased by 328.57%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1405.9 Cr | Rs. 1676.19 Cr | Rs. 2329.58 Cr | + 38.98% | + 65.7% |
| Expenses | Rs. 1328.74 Cr | Rs. 1821.98 Cr | Rs. 2490.79 Cr | + 36.71% | + 87.46% |
| Operating Profit | Rs. 77.16 Cr | Rs. -145.79 Cr | Rs. -161.21 Cr | -10.58% | -308.93% |
| OPM % | 5.49 % | -8.7 % | -6.92 % | + 1.78% | -12.41% |
| Other Income | Rs. 40.26 Cr | Rs. 180.92 Cr | Rs. 179.98 Cr | -0.52% | + 347.04% |
| Interest | Rs. 49.71 Cr | Rs. 39.74 Cr | Rs. 77.29 Cr | + 94.49% | + 55.48% |
| Depreciation | Rs. 35.04 Cr | Rs. 45.56 Cr | Rs. 68.32 Cr | + 49.96% | + 94.98% |
| Profit before tax | Rs. 32.67 Cr | Rs. -50.17 Cr | Rs. -126.84 Cr | -152.82% | -488.25% |
| Tax % | 56.76 % | -8.58 % | -7.53 % | + 1.05% | -64.29% |
| Net Profit | Rs. 19.66 Cr | Rs. -55.83 Cr | Rs. -137.22 Cr | -145.78% | -797.97% |
| EPS in Rs | Rs. 0.21 | Rs. -0.07 | Rs. -0.3 | -328.57% | -242.86% |
Today, we’re looking at TV18 Broadcast Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 65.7%. However, it did see a marginal increase of 38.98% from the previous quarter.Expenses ticked up slightly by 36.71% quarter-on-quarter, aligning with the annual rise of 87.46%. Operating profit, while down -308.93% compared to last year,faced a quarter-on-quarter dip of -10.58%, 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 -12.41%, but an expansion of 1.78% sequentially. Other income fell by -0.52% compared to the last quarter, despite an annual growth of 347.04%. Interest expenses surged remarkably by 94.49% from the previous quarter, yet the year-over-year increase remains at a moderate 55.48%. Depreciation costs climbed by 49.96% quarter-on-quarter, whereas on an annual scale, they saw an increase of 94.98%. Profit before tax declined annually by -488.25%but saw a reduction from the preceding quarter by -152.82%.
Tax expenses as a percentage of profits decreased slightly by -64.29% compared to last year, with a more notable quarter-on-quarter increase of 1.05%. Net profit fell by -797.97% year-on-yearbut witnessed a -145.78% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -242.86% but a quarterly fall of -328.57%. In summary, TV18 Broadcast Ltd.’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. 1405.9 Cr | Rs. 1676.19 Cr | Rs. 2329.58 Cr | + 38.98% | + 65.7% |
| Expenses | Rs. 1328.74 Cr | Rs. 1821.98 Cr | Rs. 2490.79 Cr | + 36.71% | + 87.46% |
| Operating Profit | Rs. 77.16 Cr | Rs. -145.79 Cr | Rs. -161.21 Cr | -10.58% | -308.93% |
| Net Profit | Rs. 19.66 Cr | Rs. -55.83 Cr | Rs. -137.22 Cr | -145.78% | -797.97% |
| EPS in Rs | Rs. 0.21 | Rs. -0.07 | Rs. -0.3 | -328.57% | -242.86% |
In reviewing TV18 Broadcast Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 38.98% from the previous quarter. Expenses rose by 87.46% compared to the previous year, with a 36.71% increase quarter-on-quarter. Operating Profit dropped by -308.93% annually, and saw a -10.58% decrease from the last quarter.
Net Profit showed yearly decrease of -797.97%, and experienced a -145.78% decrease from the previous quarter.Earnings Per Share (EPS) fell by -242.86% annually, however dipped by -328.57% compared to the last quarter. In essence, while TV18 Broadcast Ltd. 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.
