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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 -13.78 % over the year, decrease in net sales/revenue by -25.72 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -32.43 %, Marginal decrease of -74.23% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Zee Media Corporation Limited. Notable increase of 62.41 % in net profit Year to Year, Zee Media Corporation Limited’s profitability increased by 380.13 % in this quarter.
- EPS over the Year and quarter: EPS declined by -263.27 % Year to Year. EPS increased by 370.59 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 151.59 Cr | Rs. 175.956 Cr | Rs. 130.705 Cr | -25.72 % | -13.78 % |
Expenses | Rs. 171.81 Cr | Rs. 161.19 Cr | Rs. 162.13 Cr | + 0.58 % | -5.63 % |
Operating Profit | Rs. -20.22 Cr | Rs. 14.77 Cr | Rs. -31.43 Cr | -312.8 % | -55.44 % |
OPM % | -13.34 % | 8.39 % | -24.05 % | -32.44 % | -10.71 % |
Other Income | Rs. 3.58 Cr | Rs. 9.388 Cr | Rs. 2.419 Cr | -74.23 % | -32.43 % |
Interest | Rs. 5.08 Cr | Rs. 7.88 Cr | Rs. 7.39 Cr | -6.22 % | + 45.47 % |
Depreciation | Rs. 19.52 Cr | Rs. 30.23 Cr | Rs. 30.14 Cr | -0.3 % | + 54.41 % |
Profit before tax | Rs. -41.24 Cr | Rs. -13.95 Cr | Rs. -66.54 Cr | -376.99 % | -61.35 % |
Tax % | -25.29 % | -25.58 % | -25.06 % | + 0.52 % | + 0.23 % |
Net Profit | Rs. -30.7 Cr | Rs. -10.39 Cr | Rs. -49.86 Cr | -379.88 % | -62.41 % |
EPS in Rs | Rs. -0.49 | Rs. -0.17 | Rs. -0.8 | -370.59 % | -63.27 % |
Today, we’re looking at Zee Media Corporation 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 -13.78 %. However, it did see a marginal slip of -25.72 % from the previous quarter. Expenses ticked up slightly by 0.58 % quarter-on-quarter, aligning with the annual decline of -5.63 %. Operating profit, while down -55.44 % compared to last year, faced a quarter-on-quarter dip of -312.8 %, 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 -10.71 %, but a shrinkage of -32.44 % sequentially. Other income fell by -74.23 % compared to the last quarter, despite an annual decline of -32.43 %. Interest expenses dropped significantly by -6.22 % from the previous quarter, yet the year-over-year increase remains at a moderate 45.47 %. Depreciation costs fell by -0.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 54.41 %. Profit before tax declined annually by -61.35 % but saw a reduction from the preceding quarter by -376.99 %.
Tax expenses as a percentage of profits increased slightly by 0.23 % compared to last year, with a more notable quarter-on-quarter increase of 0.52 %. Net profit fell by -62.41 % year-on-year but witnessed a -379.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -63.27 % but a quarterly fall of -370.59 %. In summary, Zee Media Corporation 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. 151.59 Cr | Rs. 175.956 Cr | Rs. 130.705 Cr | -25.72 % | -13.78 % |
Expenses | Rs. 171.81 Cr | Rs. 161.19 Cr | Rs. 162.13 Cr | + 0.58 % | -5.63 % |
Operating Profit | Rs. -20.22 Cr | Rs. 14.77 Cr | Rs. -31.43 Cr | -312.8 % | -55.44 % |
Net Profit | Rs. -30.7 Cr | Rs. -10.39 Cr | Rs. -49.86 Cr | -379.88 % | -62.41 % |
EPS in Rs | Rs. -0.49 | Rs. -0.17 | Rs. -0.8 | -370.59 % | -63.27 % |
In reviewing Zee Media Corporation Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.78 % year-on-year, although there was a slight dip of -25.72 % from the previous quarter. Expenses decreased by -5.63 % compared to the previous year, with a 0.58 % increase quarter-on-quarter. Operating Profit dropped by -55.44 % annually, and saw a -312.8 % decrease from the last quarter.
Net Profit showed yearly decrease of -62.41 %, and experienced a -379.88 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -63.27 % annually, however dipped by -370.59 % compared to the last quarter. In essence, while Zee Media Corporation 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.
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