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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 63.06% in the past year Substantial increase in net sales/revenue by 36.40%.
- 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 403.63%Marginal decrease of -5.67% in other income during this quarter
- Profit over the Year and quarter: Significant improvement in profitability for Network 18 Media & Investments Limited. Notable increase of 488.01% in net profit Year to YearNetwork 18 Media & Investments Limited’s profitability increased by 91.82% in this quarter.
- EPS over the Year and quarter: EPS increased by 158.33% Year to Year.EPS increased by 66.07%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1483.72 Cr | Rs. 1773.73 Cr | Rs. 2419.28 Cr | + 36.4% | + 63.06% |
Expenses | Rs. 1426.53 Cr | Rs. 1945.44 Cr | Rs. 2609 Cr | + 34.11% | + 82.89% |
Operating Profit | Rs. 57.19 Cr | Rs. -171.71 Cr | Rs. -189.72 Cr | -10.49% | -431.74% |
OPM % | 3.85 % | -9.68 % | -7.84 % | + 1.84% | -11.69% |
Other Income | Rs. 35.01 Cr | Rs. 186.91 Cr | Rs. 176.32 Cr | -5.67% | + 403.63% |
Interest | Rs. 78.76 Cr | Rs. 73.86 Cr | Rs. 114.08 Cr | + 54.45% | + 44.85% |
Depreciation | Rs. 36.24 Cr | Rs. 43.23 Cr | Rs. 69.37 Cr | + 60.47% | + 91.42% |
Profit before tax | Rs. -22.8 Cr | Rs. -101.89 Cr | Rs. -196.85 Cr | -93.2% | -763.38% |
Tax % | -35.14 % | -4.53 % | -4.74 % | -0.21% | + 30.4% |
Net Profit | Rs. -35.19 Cr | Rs. -107.87 Cr | Rs. -206.92 Cr | -91.82% | -488.01% |
EPS in Rs | Rs. -0.36 | Rs. -0.56 | Rs. -0.93 | -66.07% | -158.33% |
Today, we’re looking at Network 18 Media & Investments 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 63.06%. However, it did see a marginal increase of 36.4% from the previous quarter.Expenses ticked up slightly by 34.11% quarter-on-quarter, aligning with the annual rise of 82.89%. Operating profit, while down -431.74% compared to last year,faced a quarter-on-quarter dip of -10.49%, 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 -11.69%, but an expansion of 1.84% sequentially. Other income fell by -5.67% compared to the last quarter, despite an annual growth of 403.63%. Interest expenses surged remarkably by 54.45% from the previous quarter, yet the year-over-year increase remains at a moderate 44.85%. Depreciation costs climbed by 60.47% quarter-on-quarter, whereas on an annual scale, they saw an increase of 91.42%. Profit before tax declined annually by -763.38%but saw a reduction from the preceding quarter by -93.2%.
Tax expenses as a percentage of profits increased slightly by 30.4% compared to last year, with a more notable quarter-on-quarter decrease of -0.21%. Net profit fell by -488.01% year-on-yearbut witnessed a -91.82% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -158.33% but a quarterly fall of -66.07%. In summary, Network 18 Media & Investments 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. 1483.72 Cr | Rs. 1773.73 Cr | Rs. 2419.28 Cr | + 36.4% | + 63.06% |
Expenses | Rs. 1426.53 Cr | Rs. 1945.44 Cr | Rs. 2609 Cr | + 34.11% | + 82.89% |
Operating Profit | Rs. 57.19 Cr | Rs. -171.71 Cr | Rs. -189.72 Cr | -10.49% | -431.74% |
Net Profit | Rs. -35.19 Cr | Rs. -107.87 Cr | Rs. -206.92 Cr | -91.82% | -488.01% |
EPS in Rs | Rs. -0.36 | Rs. -0.56 | Rs. -0.93 | -66.07% | -158.33% |
In reviewing Network 18 Media & Investments Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 36.4% from the previous quarter. Expenses rose by 82.89% compared to the previous year, with a 34.11% increase quarter-on-quarter. Operating Profit dropped by -431.74% annually, and saw a -10.49% decrease from the last quarter.
Net Profit showed yearly decrease of -488.01%, and experienced a -91.82% decrease from the previous quarter.Earnings Per Share (EPS) fell by -158.33% annually, however dipped by -66.07% compared to the last quarter. In essence, while Network 18 Media & Investments Limited 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.