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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -6.72 % over the year, substantial increase in net sales/revenue by 56.98 %.
- 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 80 %. Marginal decrease of -74.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Raj Television Network Ltd. Profit dropped by -6796.43 % Year to Year, Raj Television Network Ltd’s profitability dropped by -1808 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -6,600.00 % Year to Year. EPS decreased by -1810.53 % 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. 27.265 Cr | Rs. 16.201 Cr | Rs. 25.433 Cr | + 56.98 % | -6.72 % |
Expenses | Rs. 25.73 Cr | Rs. 14.46 Cr | Rs. 43.54 Cr | + 201.11 % | + 69.22 % |
Operating Profit | Rs. 1.54 Cr | Rs. 1.74 Cr | Rs. -18.11 Cr | -1140.8 % | -1275.97 % |
OPM % | 5.65 % | 10.74 % | -71.21 % | -81.95 % | -76.86 % |
Other Income | Rs. 0.03 Cr | Rs. 0.209 Cr | Rs. 0.054 Cr | -74.16 % | + 80 % |
Interest | Rs. 0.71 Cr | Rs. 0.56 Cr | Rs. 1.18 Cr | + 110.71 % | + 66.2 % |
Depreciation | Rs. 0.46 Cr | Rs. 0.13 Cr | Rs. 0.38 Cr | + 192.31 % | -17.39 % |
Profit before tax | Rs. 0.4 Cr | Rs. 1.26 Cr | Rs. -19.62 Cr | -1657.14 % | -5005 % |
Tax % | 36.68 % | 21.59 % | -13.94 % | -35.53 % | -50.62 % |
Net Profit | Rs. 0.25 Cr | Rs. 0.99 Cr | Rs. -16.88 Cr | -1805.05 % | -6852 % |
EPS in Rs | Rs. 0.05 | Rs. 0.19 | Rs. -3.25 | -1810.53 % | -6600 % |
Today, we’re looking at Raj Television Network Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.72 %. However, it did see a marginal increase of 56.98 % from the previous quarter. Expenses ticked up slightly by 201.11 % quarter-on-quarter, aligning with the annual rise of 69.22 %. Operating profit, while down -1275.97 % compared to last year, faced a quarter-on-quarter dip of -1140.8 %, 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 -76.86 %, but a shrinkage of -81.95 % sequentially. Other income fell by -74.16 % compared to the last quarter, despite an annual growth of 80 %. Interest expenses surged remarkably by 110.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 66.2 %. Depreciation costs climbed by 192.31 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -17.39 %. Profit before tax declined annually by -5005 % but saw a reduction from the preceding quarter by -1657.14 %.
Tax expenses as a percentage of profits decreased slightly by -50.62 % compared to last year, with a more notable quarter-on-quarter decrease of -35.53 %. Net profit fell by -6852 % year-on-year but witnessed a -1805.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6600 % but a quarterly fall of -1810.53 %. In summary, Raj Television Network 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. 27.265 Cr | Rs. 16.201 Cr | Rs. 25.433 Cr | + 56.98 % | -6.72 % |
Expenses | Rs. 25.73 Cr | Rs. 14.46 Cr | Rs. 43.54 Cr | + 201.11 % | + 69.22 % |
Operating Profit | Rs. 1.54 Cr | Rs. 1.74 Cr | Rs. -18.11 Cr | -1140.8 % | -1275.97 % |
Net Profit | Rs. 0.25 Cr | Rs. 0.99 Cr | Rs. -16.88 Cr | -1805.05 % | -6852 % |
EPS in Rs | Rs. 0.05 | Rs. 0.19 | Rs. -3.25 | -1810.53 % | -6600 % |
In reviewing Raj Television Network Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.72 % year-on-year, however, there was a minor increase of 56.98 % from the previous quarter. Expenses rose by 69.22 % compared to the previous year, with a 201.11 % increase quarter-on-quarter. Operating Profit dropped by -1275.97 % annually, and saw a -1140.8 % decrease from the last quarter.
Net Profit showed yearly decrease of -6852 %, and experienced a -1805.05 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -6600 % annually, however dipped by -1810.53 % compared to the last quarter. In essence, while Raj Television Network Ltd 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.