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Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.64 % over the year, substantial increase in net sales/revenue by 8.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -27.5 %, Marginal increase in other income during this quarter, up by 0.52%.
- Profit over the Year and quarter: Significant improvement in profitability for Mahanagar Telephone Nigam Ltd.. Notable increase of 4.7 % in net profit Year to Year, Mahanagar Telephone Nigam Ltd.’s profitability dropped by -6.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 4.71 % Year to Year. EPS decreased by -6.61 % 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. 219.179 Cr | Rs. 192.242 Cr | Rs. 209.017 Cr | + 8.73 % | -4.64 % |
Expenses | Rs. 344.82 Cr | Rs. 317.92 Cr | Rs. 283.93 Cr | -10.69 % | -17.66 % |
Operating Profit | Rs. -125.64 Cr | Rs. -125.68 Cr | Rs. -74.91 Cr | + 40.4 % | + 40.38 % |
OPM % | -57.32 % | -65.38 % | -35.84 % | + 29.54 % | + 21.48 % |
Other Income | Rs. 198.99 Cr | Rs. 143.52 Cr | Rs. 144.27 Cr | + 0.52 % | -27.5 % |
Interest | Rs. 640.94 Cr | Rs. 690.57 Cr | Rs. 688.96 Cr | -0.23 % | + 7.49 % |
Depreciation | Rs. 181.46 Cr | Rs. 166.3 Cr | Rs. 164.32 Cr | -1.19 % | -9.45 % |
Profit before tax | Rs. -749.05 Cr | Rs. -839.03 Cr | Rs. -783.92 Cr | + 6.57 % | -4.66 % |
Tax % | -0.07 % | -0 % | -0.02 % | -0.02 % | + 0.05 % |
Net Profit | Rs. -748.55 Cr | Rs. -839.03 Cr | Rs. -783.74 Cr | + 6.59 % | -4.7 % |
EPS in Rs | Rs. -11.88 | Rs. -13.32 | Rs. -12.44 | + 6.61 % | -4.71 % |
Today, we’re looking at Mahanagar Telephone Nigam Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.64 %. However, it did see a marginal increase of 8.73 % from the previous quarter. Expenses decreased slightly by -10.69 % quarter-on-quarter, aligning with the annual decline of -17.66 %. Operating profit, while up 40.38 % compared to last year, faced a quarter-on-quarter increase of 40.4 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 21.48 %, but an expansion of 29.54 % sequentially. Other income rose by 0.52 % compared to the last quarter, despite an annual decline of -27.5 %. Interest expenses dropped significantly by -0.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.49 %. Depreciation costs fell by -1.19 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.45 %. Profit before tax declined annually by -4.66 % but saw an increase from the preceding quarter by 6.57 %.
Tax expenses as a percentage of profits increased slightly by 0.05 % compared to last year, with a more notable quarter-on-quarter decrease of -0.02 %. Net profit fell by -4.7 % year-on-year but experienced a 6.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.71 % but a quarterly rise of 6.61 %. In summary, Mahanagar Telephone Nigam Ltd.’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. 219.179 Cr | Rs. 192.242 Cr | Rs. 209.017 Cr | + 8.73 % | -4.64 % |
Expenses | Rs. 344.82 Cr | Rs. 317.92 Cr | Rs. 283.93 Cr | -10.69 % | -17.66 % |
Operating Profit | Rs. -125.64 Cr | Rs. -125.68 Cr | Rs. -74.91 Cr | + 40.4 % | + 40.38 % |
Net Profit | Rs. -748.55 Cr | Rs. -839.03 Cr | Rs. -783.74 Cr | + 6.59 % | -4.7 % |
EPS in Rs | Rs. -11.88 | Rs. -13.32 | Rs. -12.44 | + 6.61 % | -4.71 % |
In reviewing Mahanagar Telephone Nigam Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.64 % year-on-year, however, there was a minor increase of 8.73 % from the previous quarter. Expenses decreased by -17.66 % compared to the previous year, with a decrease of -10.69 % quarter-on-quarter. Operating Profit surged by 40.38 % annually, and saw a 40.4 % increase from the last quarter.
Net Profit showed yearly decrease of -4.7 %, and experienced a 6.59 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.71 % annually, however rose by 6.61 % compared to the last quarter. In essence, while Mahanagar Telephone Nigam Ltd. 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.