Highlights
- Sales over the Year and quarter: The company’s sales declined by -58.11 % over the year, decrease in net sales/revenue by -59.03 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.55 %, Marginal increase in other income during this quarter, up by 90.91%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Raj Television Network Ltd. Profit dropped by -34.4 % Year to Year, Raj Television Network Ltd’s profitability dropped by -316.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -13.64 % Year to Year. EPS decreased by -311.11 % 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. 38.678 Cr | Rs. 39.54 Cr | Rs. 16.201 Cr | -59.03 % | -58.11 % |
| Expenses | Rs. 35.9 Cr | Rs. 39.08 Cr | Rs. 14.46 Cr | -63 % | -59.72 % |
| Operating Profit | Rs. 2.78 Cr | Rs. 0.46 Cr | Rs. 1.74 Cr | + 278.26 % | -37.41 % |
| OPM % | 7.19 % | 1.16 % | 10.74 % | + 9.58 % | + 3.55 % |
| Other Income | Rs. 0.22 Cr | Rs. 0.11 Cr | Rs. 0.21 Cr | + 90.91 % | -4.55 % |
| Interest | Rs. 0.73 Cr | Rs. 0.6 Cr | Rs. 0.56 Cr | -6.67 % | -23.29 % |
| Depreciation | Rs. 0.09 Cr | Rs. 0.46 Cr | Rs. 0.13 Cr | -71.74 % | + 44.44 % |
| Profit before tax | Rs. 2.18 Cr | Rs. -0.49 Cr | Rs. 1.26 Cr | + 357.14 % | -42.2 % |
| Tax % | 30.73 % | -5.79 % | 21.59 % | + 27.38 % | -9.14 % |
| Net Profit | Rs. 1.51 Cr | Rs. -0.46 Cr | Rs. 0.99 Cr | + 315.22 % | -34.44 % |
| EPS in Rs | Rs. 0.22 | Rs. -0.09 | Rs. 0.19 | + 311.11 % | -13.64 % |
Today, we’re looking at Raj Television Network Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -58.11 %. However, it did see a marginal slip of -59.03 % from the previous quarter. Expenses decreased slightly by -63 % quarter-on-quarter, aligning with the annual decline of -59.72 %. Operating profit, while down -37.41 % compared to last year, faced a quarter-on-quarter increase of 278.26 %, 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 3.55 %, but an expansion of 9.58 % sequentially. Other income rose by 90.91 % compared to the last quarter, despite an annual decline of -4.55 %. Interest expenses dropped significantly by -6.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.29 %. Depreciation costs fell by -71.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.44 %. Profit before tax declined annually by -42.2 % but saw an increase from the preceding quarter by 357.14 %.
Tax expenses as a percentage of profits decreased slightly by -9.14 % compared to last year, with a more notable quarter-on-quarter increase of 27.38 %. Net profit fell by -34.44 % year-on-year but experienced a 315.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -13.64 % but a quarterly rise of 311.11 %. 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. 38.678 Cr | Rs. 39.54 Cr | Rs. 16.201 Cr | -59.03 % | -58.11 % |
| Expenses | Rs. 35.9 Cr | Rs. 39.08 Cr | Rs. 14.46 Cr | -63 % | -59.72 % |
| Operating Profit | Rs. 2.78 Cr | Rs. 0.46 Cr | Rs. 1.74 Cr | + 278.26 % | -37.41 % |
| Net Profit | Rs. 1.51 Cr | Rs. -0.46 Cr | Rs. 0.99 Cr | + 315.22 % | -34.44 % |
| EPS in Rs | Rs. 0.22 | Rs. -0.09 | Rs. 0.19 | + 311.11 % | -13.64 % |
In reviewing Raj Television Network Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -58.11 % year-on-year, although there was a slight dip of -59.03 % from the previous quarter. Expenses decreased by -59.72 % compared to the previous year, with a decrease of -63 % quarter-on-quarter. Operating Profit dropped by -37.41 % annually, and saw a 278.26 % increase from the last quarter.
Net Profit showed yearly decrease of -34.44 %, and experienced a 315.22 % increase from the previous quarter. Earnings Per Share (EPS) fell by -13.64 % annually, however rose by 311.11 % compared to the last quarter. In essence, while Raj Television Network Ltd 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.
