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Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.62 % over the year, decrease in net sales/revenue by -8.24 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -200 %, Marginal increase in other income during this quarter, up by 75%.
- Profit over the Year and quarter: Significant improvement in profitability for Hathway Bhawani Cabletel & Datacom. Notable increase of 1383.33 % in net profit Year to Year, Hathway Bhawani Cabletel & Datacom’s profitability increased by 790 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1,000.00 % Year to Year. EPS increased by 1000 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.68 Cr | Rs. 0.655 Cr | Rs. 0.601 Cr | -8.24 % | -11.62 % |
| Expenses | Rs. 0.65 Cr | Rs. 0.58 Cr | Rs. 0.66 Cr | + 13.79 % | + 1.54 % |
| Operating Profit | Rs. 0.03 Cr | Rs. 0.08 Cr | Rs. -0.06 Cr | -175 % | -300 % |
| OPM % | 4.41 % | 12.21 % | -9.98 % | -22.19 % | -14.39 % |
| Other Income | Rs. 0.01 Cr | Rs. -0.04 Cr | Rs. -0.01 Cr | + 75 % | -200 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0 Cr | Rs. 0 Cr | Rs. -0.11 Cr | 0 % | 0 % |
| Tax % | 28.57 % | 11.11 % | -25.25 % | -36.36 % | -53.82 % |
| Net Profit | Rs. -0.01 Cr | Rs. -0.01 Cr | Rs. -0.09 Cr | -800 % | -800 % |
| EPS in Rs | Rs. -0.01 | Rs. -0.01 | Rs. -0.11 | -1000 % | -1000 % |
Today, we’re looking at Hathway Bhawani Cabletel & Datacom’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.62 %. However, it did see a marginal slip of -8.24 % from the previous quarter. Expenses ticked up slightly by 13.79 % quarter-on-quarter, aligning with the annual rise of 1.54 %. Operating profit, while down -300 % compared to last year, faced a quarter-on-quarter dip of -175 %, 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 -14.39 %, but a shrinkage of -22.19 % sequentially. Other income rose by 75 % compared to the last quarter, despite an annual decline of -200 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %.
Tax expenses as a percentage of profits decreased slightly by -53.82 % compared to last year, with a more notable quarter-on-quarter decrease of -36.36 %. Net profit fell by -800 % year-on-year but witnessed a -800 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1000 % but a quarterly fall of -1000 %. In summary, Hathway Bhawani Cabletel & Datacom’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. 0.68 Cr | Rs. 0.655 Cr | Rs. 0.601 Cr | -8.24 % | -11.62 % |
| Expenses | Rs. 0.65 Cr | Rs. 0.58 Cr | Rs. 0.66 Cr | + 13.79 % | + 1.54 % |
| Operating Profit | Rs. 0.03 Cr | Rs. 0.08 Cr | Rs. -0.06 Cr | -175 % | -300 % |
| Net Profit | Rs. -0.01 Cr | Rs. -0.01 Cr | Rs. -0.09 Cr | -800 % | -800 % |
| EPS in Rs | Rs. -0.01 | Rs. -0.01 | Rs. -0.11 | -1000 % | -1000 % |
In reviewing Hathway Bhawani Cabletel & Datacom’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.62 % year-on-year, although there was a slight dip of -8.24 % from the previous quarter. Expenses rose by 1.54 % compared to the previous year, with a 13.79 % increase quarter-on-quarter. Operating Profit dropped by -300 % annually, and saw a -175 % decrease from the last quarter.
Net Profit showed yearly decrease of -800 %, and experienced a -800 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -1000 % annually, however dipped by -1000 % compared to the last quarter. In essence, while Hathway Bhawani Cabletel & Datacom 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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