Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 21.84 % in the past year, substantial increase in net sales/revenue by 3.63 %.
- 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 14.31 %. Marginal increase in other income during this quarter, up by 1.72%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Music Broadcast Limited. Profit dropped by -487.11 % Year to Year, Music Broadcast Limited’s profitability increased by 15.73 % in this quarter.
- EPS over the Year and quarter: EPS declined by -550.00 % Year to Year. EPS increased by 28.57 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 51.406 Cr | Rs. 60.436 Cr | Rs. 62.631 Cr | + 3.63 % | + 21.84 % |
| Expenses | Rs. 45.99 Cr | Rs. 50.94 Cr | Rs. 52.42 Cr | + 2.91 % | + 13.98 % |
| Operating Profit | Rs. 5.42 Cr | Rs. 9.5 Cr | Rs. 10.21 Cr | + 7.47 % | + 88.38 % |
| OPM % | 10.54 % | 15.72 % | 16.3 % | + 0.58 % | + 5.76 % |
| Other Income | Rs. 5.17 Cr | Rs. 5.81 Cr | Rs. 5.91 Cr | + 1.72 % | + 14.31 % |
| Interest | Rs. 2.35 Cr | Rs. 2.44 Cr | Rs. 2.59 Cr | + 6.15 % | + 10.21 % |
| Depreciation | Rs. 8.17 Cr | Rs. 8.42 Cr | Rs. 8.5 Cr | + 0.95 % | + 4.04 % |
| Profit before tax | Rs. 0.07 Cr | Rs. 4.45 Cr | Rs. 5.03 Cr | + 13.03 % | + 7085.71 % |
| Tax % | 1263.64 % | 42.14 % | 41.05 % | -1.09 % | -1222.59 % |
| Net Profit | Rs. -0.77 Cr | Rs. 2.57 Cr | Rs. 2.97 Cr | + 15.56 % | + 485.71 % |
| EPS in Rs | Rs. -0.02 | Rs. 0.07 | Rs. 0.09 | + 28.57 % | + 550 % |
Today, we’re looking at Music Broadcast 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 21.84 %. However, it did see a marginal increase of 3.63 % from the previous quarter. Expenses ticked up slightly by 2.91 % quarter-on-quarter, aligning with the annual rise of 13.98 %. Operating profit, while up 88.38 % compared to last year, faced a quarter-on-quarter increase of 7.47 %, 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 5.76 %, but an expansion of 0.58 % sequentially. Other income rose by 1.72 % compared to the last quarter, despite an annual growth of 14.31 %. Interest expenses surged remarkably by 6.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.21 %. Depreciation costs climbed by 0.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.04 %. Profit before tax grew annually by 7085.71 % but saw an increase from the preceding quarter by 13.03 %.
Tax expenses as a percentage of profits decreased slightly by -1222.59 % compared to last year, with a more notable quarter-on-quarter decrease of -1.09 %. Net profit rose by 485.71 % year-on-year but experienced a 15.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 550 % but a quarterly rise of 28.57 %. In summary, Music Broadcast 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. 51.406 Cr | Rs. 60.436 Cr | Rs. 62.631 Cr | + 3.63 % | + 21.84 % |
| Expenses | Rs. 45.99 Cr | Rs. 50.94 Cr | Rs. 52.42 Cr | + 2.91 % | + 13.98 % |
| Operating Profit | Rs. 5.42 Cr | Rs. 9.5 Cr | Rs. 10.21 Cr | + 7.47 % | + 88.38 % |
| Net Profit | Rs. -0.77 Cr | Rs. 2.57 Cr | Rs. 2.97 Cr | + 15.56 % | + 485.71 % |
| EPS in Rs | Rs. -0.02 | Rs. 0.07 | Rs. 0.09 | + 28.57 % | + 550 % |
In reviewing Music Broadcast Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.84 % year-on-year growth, however, there was a minor increase of 3.63 % from the previous quarter. Expenses rose by 13.98 % compared to the previous year, with a 2.91 % increase quarter-on-quarter. Operating Profit surged by 88.38 % annually, and saw a 7.47 % increase from the last quarter.
Net Profit showed yearly increase of 485.71 %, and experienced a 15.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 550 % annually, however rose by 28.57 % compared to the last quarter. In essence, while Music Broadcast Limited exhibits strong annual growth 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.
