Share the post "Picturehouse Media ‘s Q1 Results: Profit Drops by 170% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -98.23 % over the year, substantial increase in net sales/revenue by 60 %.
- Income over the Year and quarter: Marginal decrease of -50.13% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Picturehouse Media Limited. Notable increase of 175.76 % in net profit Year to Year, Picturehouse Media Limited’s profitability dropped by -200 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 150.00 % Year to Year. EPS decreased by -200 % 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. 0.453 Cr | Rs. 0.005 Cr | Rs. 0.008 Cr | + 60 % | -98.23 % |
Expenses | Rs. 0.51 Cr | Rs. 0.69 Cr | Rs. 0.63 Cr | -8.7 % | + 23.53 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.69 Cr | Rs. -0.62 Cr | + 10.14 % | -933.33 % |
OPM % | -13.25 % | -13800 % | -7750 % | + 6050 % | -7736.75 % |
Other Income | Rs. 0 Cr | Rs. 7.137 Cr | Rs. 3.559 Cr | -50.13 % | 0 % |
Interest | Rs. 0.04 Cr | Rs. 6.18 Cr | Rs. 3.21 Cr | -48.06 % | + 7925 % |
Depreciation | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.11 Cr | Rs. 0.27 Cr | Rs. -0.27 Cr | -200 % | -145.45 % |
Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.1 Cr | Rs. 0.27 Cr | Rs. -0.27 Cr | -200 % | -170 % |
EPS in Rs | Rs. -0.02 | Rs. 0.05 | Rs. -0.05 | -200 % | -150 % |
Today, we’re looking at Picturehouse Media Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -98.23 %. However, it did see a marginal increase of 60 % from the previous quarter. Expenses decreased slightly by -8.7 % quarter-on-quarter, aligning with the annual rise of 23.53 %. Operating profit, while down -933.33 % compared to last year, faced a quarter-on-quarter increase of 10.14 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7736.75 %, but an expansion of 6050 % sequentially. Other income fell by -50.13 % compared to the last quarter, Interest expenses dropped significantly by -48.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 7925 %. Profit before tax declined annually by -145.45 % but saw a reduction from the preceding quarter by -200 %.
Net profit fell by -170 % year-on-year but witnessed a -200 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -150 % but a quarterly fall of -200 %. In summary, Picturehouse Media 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. 0.453 Cr | Rs. 0.005 Cr | Rs. 0.008 Cr | + 60 % | -98.23 % |
Expenses | Rs. 0.51 Cr | Rs. 0.69 Cr | Rs. 0.63 Cr | -8.7 % | + 23.53 % |
Operating Profit | Rs. -0.06 Cr | Rs. -0.69 Cr | Rs. -0.62 Cr | + 10.14 % | -933.33 % |
Net Profit | Rs. -0.1 Cr | Rs. 0.27 Cr | Rs. -0.27 Cr | -200 % | -170 % |
EPS in Rs | Rs. -0.02 | Rs. 0.05 | Rs. -0.05 | -200 % | -150 % |
In reviewing Picturehouse Media Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -98.23 % year-on-year, however, there was a minor increase of 60 % from the previous quarter. Expenses rose by 23.53 % compared to the previous year, with a decrease of -8.7 % quarter-on-quarter. Operating Profit dropped by -933.33 % annually, and saw a 10.14 % increase from the last quarter.
Net Profit showed yearly decrease of -170 %, and experienced a -200 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -150 % annually, however dipped by -200 % compared to the last quarter. In essence, while Picturehouse Media 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.