Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.42 % in the past year, decrease in net sales/revenue by -3.77 %.
- 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 17.03 %. Marginal decrease of -4.46% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TV Today Network Limited. Notable increase of 95.9 % in net profit Year to Year, TV Today Network Limited’s profitability dropped by -60.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 95.92 % Year to Year. EPS decreased by -60.66 % 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. 217.14 Cr | Rs. 262.69 Cr | Rs. 252.79 Cr | -3.77 % | + 16.42 % |
Expenses | Rs. 195.72 Cr | Rs. 221.57 Cr | Rs. 230.16 Cr | + 3.88 % | + 17.6 % |
Operating Profit | Rs. 21.42 Cr | Rs. 41.12 Cr | Rs. 22.63 Cr | -44.97 % | + 5.65 % |
OPM % | 9.86 % | 15.65 % | 8.95 % | -6.7 % | -0.91 % |
Other Income | Rs. 7.87 Cr | Rs. 9.64 Cr | Rs. 9.21 Cr | -4.46 % | + 17.03 % |
Interest | Rs. 0.84 Cr | Rs. 0.89 Cr | Rs. 0.84 Cr | -5.62 % | + 0 % |
Depreciation | Rs. 10.33 Cr | Rs. 10.57 Cr | Rs. 10.3 Cr | -2.55 % | -0.29 % |
Profit before tax | Rs. 18.12 Cr | Rs. 39.3 Cr | Rs. 20.7 Cr | -47.33 % | + 14.24 % |
Tax % | 29.26 % | 25.9 % | 27.38 % | + 1.48 % | -1.88 % |
Net Profit | Rs. 5.85 Cr | Rs. 29.12 Cr | Rs. 11.46 Cr | -60.65 % | + 95.9 % |
EPS in Rs | Rs. 0.98 | Rs. 4.88 | Rs. 1.92 | -60.66 % | + 95.92 % |
Today, we’re looking at TV Today Network Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.42 %. However, it did see a marginal slip of -3.77 % from the previous quarter. Expenses ticked up slightly by 3.88 % quarter-on-quarter, aligning with the annual rise of 17.6 %. Operating profit, while up 5.65 % compared to last year, faced a quarter-on-quarter dip of -44.97 %, 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 -0.91 %, but a shrinkage of -6.7 % sequentially. Other income fell by -4.46 % compared to the last quarter, despite an annual growth of 17.03 %. Interest expenses dropped significantly by -5.62 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -2.55 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.29 %. Profit before tax grew annually by 14.24 % but saw a reduction from the preceding quarter by -47.33 %.
Tax expenses as a percentage of profits decreased slightly by -1.88 % compared to last year, with a more notable quarter-on-quarter increase of 1.48 %. Net profit rose by 95.9 % year-on-year but witnessed a -60.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 95.92 % but a quarterly fall of -60.66 %. 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. 217.14 Cr | Rs. 262.69 Cr | Rs. 252.79 Cr | -3.77 % | + 16.42 % |
Expenses | Rs. 195.72 Cr | Rs. 221.57 Cr | Rs. 230.16 Cr | + 3.88 % | + 17.6 % |
Operating Profit | Rs. 21.42 Cr | Rs. 41.12 Cr | Rs. 22.63 Cr | -44.97 % | + 5.65 % |
Net Profit | Rs. 5.85 Cr | Rs. 29.12 Cr | Rs. 11.46 Cr | -60.65 % | + 95.9 % |
EPS in Rs | Rs. 0.98 | Rs. 4.88 | Rs. 1.92 | -60.66 % | + 95.92 % |
In reviewing TV Today Network Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.42 % year-on-year growth, although there was a slight dip of -3.77 % from the previous quarter. Expenses rose by 17.6 % compared to the previous year, with a 3.88 % increase quarter-on-quarter. Operating Profit surged by 5.65 % annually, and saw a -44.97 % decrease from the last quarter.
Net Profit showed yearly increase of 95.9 %, and experienced a -60.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 95.92 % annually, however dipped by -60.66 % 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.