Share the post "Entertainment Network (India) Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 38.53 % in YoY and decreased by 6.19 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 38.53 % in the past year, decrease in net sales/revenue by -6.19 %.
- 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 55.82 %. Marginal increase in other income during this quarter, up by 30.42%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Entertainment Network (India) Ltd. Profit dropped by -422.98 % Year to Year, Entertainment Network (India) Ltd’s profitability dropped by -63.01 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -426.32 % Year to Year. EPS decreased by -62.95 % 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. 108.755 Cr | Rs. 160.609 Cr | Rs. 150.663 Cr | -6.19 % | + 38.53 % |
Expenses | Rs. 92.16 Cr | Rs. 114.8 Cr | Rs. 122.98 Cr | + 7.13 % | + 33.44 % |
Operating Profit | Rs. 16.6 Cr | Rs. 45.81 Cr | Rs. 27.68 Cr | -39.58 % | + 66.75 % |
OPM % | 15.26 % | 28.52 % | 18.37 % | -10.15 % | + 3.11 % |
Other Income | Rs. 4.98 Cr | Rs. 5.95 Cr | Rs. 7.76 Cr | + 30.42 % | + 55.82 % |
Interest | Rs. 3.85 Cr | Rs. 3.89 Cr | Rs. 3.8 Cr | -2.31 % | -1.3 % |
Depreciation | Rs. 20.16 Cr | Rs. 19.89 Cr | Rs. 20.59 Cr | + 3.52 % | + 2.13 % |
Profit before tax | Rs. -2.43 Cr | Rs. 27.98 Cr | Rs. 11.05 Cr | -60.51 % | + 554.73 % |
Tax % | -18.97 % | 14.41 % | 19.8 % | + 5.39 % | + 38.77 % |
Net Profit | Rs. -2.74 Cr | Rs. 23.94 Cr | Rs. 8.86 Cr | -62.99 % | + 423.36 % |
EPS in Rs | Rs. -0.57 | Rs. 5.02 | Rs. 1.86 | -62.95 % | + 426.32 % |
Today, we’re looking at Entertainment Network (India) 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 38.53 %. However, it did see a marginal slip of -6.19 % from the previous quarter. Expenses ticked up slightly by 7.13 % quarter-on-quarter, aligning with the annual rise of 33.44 %. Operating profit, while up 66.75 % compared to last year, faced a quarter-on-quarter dip of -39.58 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.11 %, but a shrinkage of -10.15 % sequentially. Other income rose by 30.42 % compared to the last quarter, despite an annual growth of 55.82 %. Interest expenses dropped significantly by -2.31 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.3 %. Depreciation costs climbed by 3.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.13 %. Profit before tax grew annually by 554.73 % but saw a reduction from the preceding quarter by -60.51 %.
Tax expenses as a percentage of profits increased slightly by 38.77 % compared to last year, with a more notable quarter-on-quarter increase of 5.39 %. Net profit rose by 423.36 % year-on-year but witnessed a -62.99 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 426.32 % but a quarterly fall of -62.95 %. In summary, Entertainment Network (India) 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. 108.755 Cr | Rs. 160.609 Cr | Rs. 150.663 Cr | -6.19 % | + 38.53 % |
Expenses | Rs. 92.16 Cr | Rs. 114.8 Cr | Rs. 122.98 Cr | + 7.13 % | + 33.44 % |
Operating Profit | Rs. 16.6 Cr | Rs. 45.81 Cr | Rs. 27.68 Cr | -39.58 % | + 66.75 % |
Net Profit | Rs. -2.74 Cr | Rs. 23.94 Cr | Rs. 8.86 Cr | -62.99 % | + 423.36 % |
EPS in Rs | Rs. -0.57 | Rs. 5.02 | Rs. 1.86 | -62.95 % | + 426.32 % |
In reviewing Entertainment Network (India) Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.53 % year-on-year growth, although there was a slight dip of -6.19 % from the previous quarter. Expenses rose by 33.44 % compared to the previous year, with a 7.13 % increase quarter-on-quarter. Operating Profit surged by 66.75 % annually, and saw a -39.58 % decrease from the last quarter.
Net Profit showed yearly increase of 423.36 %, and experienced a -62.99 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 426.32 % annually, however dipped by -62.95 % compared to the last quarter. In essence, while Entertainment Network (India) Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.