Share the post "TV Today Network announces Q2 Report: Revenue Dropped by 3.32% YoY"
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 -3.32 % over the year, decrease in net sales/revenue by -33.68 %.
- 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 35.92 %. Marginal increase in other income during this quarter, up by 29.23%.
- Profit over the Year and quarter: Significant improvement in profitability for TV Today Network Limited. Notable increase of 17.81 % in net profit Year to Year, TV Today Network Limited’s profitability dropped by -83.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 17.80 % Year to Year. EPS decreased by -83.86 % 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. 213.86 Cr | Rs. 311.79 Cr | Rs. 206.77 Cr | -33.68 % | -3.32 % |
Expenses | Rs. 202.03 Cr | Rs. 242.39 Cr | Rs. 197.78 Cr | -18.4 % | -2.1 % |
Operating Profit | Rs. 11.83 Cr | Rs. 69.4 Cr | Rs. 8.99 Cr | -87.05 % | -24.01 % |
OPM % | 5.53 % | 22.26 % | 4.35 % | -17.91 % | -1.18 % |
Other Income | Rs. 9.27 Cr | Rs. 9.75 Cr | Rs. 12.6 Cr | + 29.23 % | + 35.92 % |
Interest | Rs. 0.82 Cr | Rs. 0.84 Cr | Rs. 0.77 Cr | -8.33 % | -6.1 % |
Depreciation | Rs. 10.33 Cr | Rs. 9.35 Cr | Rs. 9.36 Cr | + 0.11 % | -9.39 % |
Profit before tax | Rs. 9.95 Cr | Rs. 68.96 Cr | Rs. 11.46 Cr | -83.38 % | + 15.18 % |
Tax % | 29.45 % | 25.49 % | 27.84 % | + 2.35 % | -1.61 % |
Net Profit | Rs. 7.02 Cr | Rs. 51.38 Cr | Rs. 8.27 Cr | -83.9 % | + 17.81 % |
EPS in Rs | Rs. 1.18 | Rs. 8.61 | Rs. 1.39 | -83.86 % | + 17.8 % |
Today, we’re looking at TV Today Network Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -3.32 %. However, it did see a marginal slip of -33.68 % from the previous quarter. Expenses decreased slightly by -18.4 % quarter-on-quarter, aligning with the annual decline of -2.1 %. Operating profit, while down -24.01 % compared to last year, faced a quarter-on-quarter dip of -87.05 %, 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 -1.18 %, but a shrinkage of -17.91 % sequentially. Other income rose by 29.23 % compared to the last quarter, despite an annual growth of 35.92 %. Interest expenses dropped significantly by -8.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -6.1 %. Depreciation costs climbed by 0.11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.39 %. Profit before tax grew annually by 15.18 % but saw a reduction from the preceding quarter by -83.38 %.
Tax expenses as a percentage of profits decreased slightly by -1.61 % compared to last year, with a more notable quarter-on-quarter increase of 2.35 %. Net profit rose by 17.81 % year-on-year but witnessed a -83.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.8 % but a quarterly fall of -83.86 %. In summary, TV Today Network 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. 213.86 Cr | Rs. 311.79 Cr | Rs. 206.77 Cr | -33.68 % | -3.32 % |
Expenses | Rs. 202.03 Cr | Rs. 242.39 Cr | Rs. 197.78 Cr | -18.4 % | -2.1 % |
Operating Profit | Rs. 11.83 Cr | Rs. 69.4 Cr | Rs. 8.99 Cr | -87.05 % | -24.01 % |
Net Profit | Rs. 7.02 Cr | Rs. 51.38 Cr | Rs. 8.27 Cr | -83.9 % | + 17.81 % |
EPS in Rs | Rs. 1.18 | Rs. 8.61 | Rs. 1.39 | -83.86 % | + 17.8 % |
In reviewing TV Today Network Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.32 % year-on-year, although there was a slight dip of -33.68 % from the previous quarter. Expenses decreased by -2.1 % compared to the previous year, with a decrease of -18.4 % quarter-on-quarter. Operating Profit dropped by -24.01 % annually, and saw a -87.05 % decrease from the last quarter.
Net Profit showed yearly increase of 17.81 %, and experienced a -83.9 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 17.8 % annually, however dipped by -83.86 % compared to the last quarter. In essence, while TV Today Network Limited 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.
[my_shortcode1 values=”TV Today Network Limited”]