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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 -8.97 % over the year, substantial increase in net sales/revenue by 11.88 %.
- 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 87.83 %. Marginal increase in other income during this quarter, up by 101.44%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Dish TV India Limited. Profit dropped by -107.59 % Year to Year, Dish TV India Limited’s profitability dropped by -99.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -109.09 % Year to Year. EPS decreased by -99.9 % 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. 500.16 Cr | Rs. 406.95 Cr | Rs. 455.29 Cr | + 11.88 % | -8.97 % |
Expenses | Rs. 287.49 Cr | Rs. 241.65 Cr | Rs. 290.82 Cr | + 20.35 % | + 1.16 % |
Operating Profit | Rs. 212.67 Cr | Rs. 165.3 Cr | Rs. 164.47 Cr | -0.5 % | -22.66 % |
OPM % | 42.52 % | 40.62 % | 36.12 % | -4.5 % | -6.4 % |
Other Income | Rs. 3.04 Cr | Rs. -397.51 Cr | Rs. 5.71 Cr | + 101.44 % | + 87.83 % |
Interest | Rs. 66.11 Cr | Rs. 69.8 Cr | Rs. 66.74 Cr | -4.38 % | + 0.95 % |
Depreciation | Rs. 121.86 Cr | Rs. 114.92 Cr | Rs. 105 Cr | -8.63 % | -13.84 % |
Profit before tax | Rs. 27.74 Cr | Rs. -416.93 Cr | Rs. -1.56 Cr | + 99.63 % | -105.62 % |
Tax % | 25.96 % | -377.22 % | -0 % | + 377.22 % | -25.96 % |
Net Profit | Rs. 20.54 Cr | Rs. -1989.69 Cr | Rs. -1.56 Cr | + 99.92 % | -107.59 % |
EPS in Rs | Rs. 0.11 | Rs. -10.33 | Rs. -0.01 | + 99.9 % | -109.09 % |
Today, we’re looking at Dish TV India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.97 %. However, it did see a marginal increase of 11.88 % from the previous quarter. Expenses ticked up slightly by 20.35 % quarter-on-quarter, aligning with the annual rise of 1.16 %. Operating profit, while down -22.66 % compared to last year, faced a quarter-on-quarter dip of -0.5 %, 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 -6.4 %, but a shrinkage of -4.5 % sequentially. Other income rose by 101.44 % compared to the last quarter, despite an annual growth of 87.83 %. Interest expenses dropped significantly by -4.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.95 %. Depreciation costs fell by -8.63 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.84 %. Profit before tax declined annually by -105.62 % but saw an increase from the preceding quarter by 99.63 %.
Tax expenses as a percentage of profits decreased slightly by -25.96 % compared to last year, with a more notable quarter-on-quarter increase of 377.22 %. Net profit fell by -107.59 % year-on-year but experienced a 99.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -109.09 % but a quarterly rise of 99.9 %. In summary, Dish TV India 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. 500.16 Cr | Rs. 406.95 Cr | Rs. 455.29 Cr | + 11.88 % | -8.97 % |
Expenses | Rs. 287.49 Cr | Rs. 241.65 Cr | Rs. 290.82 Cr | + 20.35 % | + 1.16 % |
Operating Profit | Rs. 212.67 Cr | Rs. 165.3 Cr | Rs. 164.47 Cr | -0.5 % | -22.66 % |
Net Profit | Rs. 20.54 Cr | Rs. -1989.69 Cr | Rs. -1.56 Cr | + 99.92 % | -107.59 % |
EPS in Rs | Rs. 0.11 | Rs. -10.33 | Rs. -0.01 | + 99.9 % | -109.09 % |
In reviewing Dish TV India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.97 % year-on-year, however, there was a minor increase of 11.88 % from the previous quarter. Expenses rose by 1.16 % compared to the previous year, with a 20.35 % increase quarter-on-quarter. Operating Profit dropped by -22.66 % annually, and saw a -0.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -107.59 %, and experienced a 99.92 % increase from the previous quarter. Earnings Per Share (EPS) fell by -109.09 % annually, however rose by 99.9 % compared to the last quarter. In essence, while Dish TV India Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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