Share the post "Hindustan Media Ventures Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 0.04 % in YoY and increased by 2.79 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.04 % over the year, substantial increase in net sales/revenue by 2.79 %.
- 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 1.34 %. Marginal increase in other income during this quarter, up by 24.85%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hindustan Media Ventures Limited. Profit dropped by -11.09 % Year to Year, Hindustan Media Ventures Limited’s profitability dropped by -1409.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -10.98 % Year to Year. EPS decreased by -1427.27 % 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. 188.13 Cr | Rs. 182.95 Cr | Rs. 188.05 Cr | + 2.79 % | -0.04 % |
Expenses | Rs. 198.03 Cr | Rs. 198.06 Cr | Rs. 209.45 Cr | + 5.75 % | + 5.77 % |
Operating Profit | Rs. -9.9 Cr | Rs. -15.11 Cr | Rs. -21.4 Cr | -41.63 % | -116.16 % |
OPM % | -5.26 % | -8.26 % | -11.38 % | -3.12 % | -6.12 % |
Other Income | Rs. 29.1 Cr | Rs. 23.62 Cr | Rs. 29.49 Cr | + 24.85 % | + 1.34 % |
Interest | Rs. 2.46 Cr | Rs. 3.61 Cr | Rs. 3.51 Cr | -2.77 % | + 42.68 % |
Depreciation | Rs. 7.15 Cr | Rs. 6.71 Cr | Rs. 6.55 Cr | -2.38 % | -8.39 % |
Profit before tax | Rs. 9.59 Cr | Rs. -1.81 Cr | Rs. -1.97 Cr | -8.84 % | -120.54 % |
Tax % | 26.29 % | -52.94 % | -645.18 % | -592.24 % | -671.47 % |
Net Profit | Rs. 12.08 Cr | Rs. -0.82 Cr | Rs. 10.74 Cr | + 1409.76 % | -11.09 % |
EPS in Rs | Rs. 1.64 | Rs. -0.11 | Rs. 1.46 | + 1427.27 % | -10.98 % |
Today, we’re looking at Hindustan Media Ventures Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.04 %. However, it did see a marginal increase of 2.79 % from the previous quarter. Expenses ticked up slightly by 5.75 % quarter-on-quarter, aligning with the annual rise of 5.77 %. Operating profit, while down -116.16 % compared to last year, faced a quarter-on-quarter dip of -41.63 %, 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 -6.12 %, but a shrinkage of -3.12 % sequentially. Other income rose by 24.85 % compared to the last quarter, despite an annual growth of 1.34 %. Interest expenses dropped significantly by -2.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.68 %. Depreciation costs fell by -2.38 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.39 %. Profit before tax declined annually by -120.54 % but saw a reduction from the preceding quarter by -8.84 %.
Tax expenses as a percentage of profits decreased slightly by -671.47 % compared to last year, with a more notable quarter-on-quarter decrease of -592.24 %. Net profit fell by -11.09 % year-on-year but experienced a 1409.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10.98 % but a quarterly rise of 1427.27 %. In summary, Hindustan Media Ventures 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. 188.13 Cr | Rs. 182.95 Cr | Rs. 188.05 Cr | + 2.79 % | -0.04 % |
Expenses | Rs. 198.03 Cr | Rs. 198.06 Cr | Rs. 209.45 Cr | + 5.75 % | + 5.77 % |
Operating Profit | Rs. -9.9 Cr | Rs. -15.11 Cr | Rs. -21.4 Cr | -41.63 % | -116.16 % |
Net Profit | Rs. 12.08 Cr | Rs. -0.82 Cr | Rs. 10.74 Cr | + 1409.76 % | -11.09 % |
EPS in Rs | Rs. 1.64 | Rs. -0.11 | Rs. 1.46 | + 1427.27 % | -10.98 % |
In reviewing Hindustan Media Ventures Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.04 % year-on-year, however, there was a minor increase of 2.79 % from the previous quarter. Expenses rose by 5.77 % compared to the previous year, with a 5.75 % increase quarter-on-quarter. Operating Profit dropped by -116.16 % annually, and saw a -41.63 % decrease from the last quarter.
Net Profit showed yearly decrease of -11.09 %, and experienced a 1409.76 % increase from the previous quarter. Earnings Per Share (EPS) fell by -10.98 % annually, however rose by 1427.27 % compared to the last quarter. In essence, while Hindustan Media Ventures 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.