Network18 Media & Investments ‘s Q2 Results: Profit Drops by 37.01% YoY

The comprehensive analytics outlining the performance and outlook of Network18 Media & Investments Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Network18 Media & Investments Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.16 %. However, it did see a marginal slip of -41.89 % from the previous quarter. Expenses decreased slightly by -39.06 % quarter-on-quarter, aligning with the annual decline of -3.8 %. Operating profit, while up 17.84 % compared to last year, faced a quarter-on-quarter dip of -20.85 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.87 %, but a shrinkage of -5.1 % sequentially. Other income rose by 78.69 % compared to the last quarter, despite an annual growth of 20.84 %. Interest expenses surged remarkably by 13.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 156.97 %. Depreciation costs fell by -1.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.73 %. Profit before tax declined annually by -25.57 % but saw an increase from the preceding quarter by 32 %.
Tax expenses as a percentage of profits increased slightly by 1.78 % compared to last year, with a more notable quarter-on-quarter decrease of -0.85 %. Net profit fell by -37.01 % year-on-year but experienced a 22.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.78 % but a quarterly rise of 36.36 %. In summary, Network18 Media & Investments Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Network18 Media & Investments Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.16 % year-on-year, although there was a slight dip of -41.89 % from the previous quarter. Expenses decreased by -3.8 % compared to the previous year, with a decrease of -39.06 % quarter-on-quarter. Operating Profit surged by 17.84 % annually, and saw a -20.85 % decrease from the last quarter.
Net Profit showed yearly decrease of -37.01 %, and experienced a 22.92 % increase from the previous quarter. Earnings Per Share (EPS) fell by -6.78 % annually, however rose by 36.36 % compared to the last quarter. In essence, while Network18 Media & Investments 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.