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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 18.41 % in the past year, substantial increase in net sales/revenue by 16.65 %.
- 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 5535.71 %. Marginal decrease of -52.56% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for SEA TV Network Limited. Profit dropped by -106.22 % Year to Year, SEA TV Network Limited’s profitability dropped by -387.1 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -105.88 % Year to Year. EPS decreased by -333.33 % 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. 2.911 Cr | Rs. 2.955 Cr | Rs. 3.447 Cr | + 16.65 % | + 18.41 % |
Expenses | Rs. 4.09 Cr | Rs. 4.05 Cr | Rs. 3.92 Cr | -3.21 % | -4.16 % |
Operating Profit | Rs. -1.18 Cr | Rs. -1.1 Cr | Rs. -0.47 Cr | + 57.27 % | + 60.17 % |
OPM % | -40.54 % | -37.23 % | -13.64 % | + 23.59 % | + 26.9 % |
Other Income | Rs. 0.014 Cr | Rs. 1.663 Cr | Rs. 0.789 Cr | -52.56 % | + 5535.71 % |
Interest | Rs. 0.1 Cr | Rs. 0.39 Cr | Rs. 0.09 Cr | -76.92 % | -10 % |
Depreciation | Rs. 0.17 Cr | Rs. 0.21 Cr | Rs. 0.14 Cr | -33.33 % | -17.65 % |
Profit before tax | Rs. -1.44 Cr | Rs. -0.04 Cr | Rs. 0.09 Cr | + 325 % | + 106.25 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -1.43 Cr | Rs. -0.03 Cr | Rs. 0.09 Cr | + 400 % | + 106.29 % |
EPS in Rs | Rs. -1.19 | Rs. -0.03 | Rs. 0.07 | + 333.33 % | + 105.88 % |
Today, we’re looking at SEA TV Network Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.41 %. However, it did see a marginal increase of 16.65 % from the previous quarter. Expenses decreased slightly by -3.21 % quarter-on-quarter, aligning with the annual decline of -4.16 %. Operating profit, while up 60.17 % compared to last year, faced a quarter-on-quarter increase of 57.27 %, 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 26.9 %, but an expansion of 23.59 % sequentially. Other income fell by -52.56 % compared to the last quarter, despite an annual growth of 5535.71 %. Interest expenses dropped significantly by -76.92 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10 %. Depreciation costs fell by -33.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -17.65 %. Profit before tax grew annually by 106.25 % but saw an increase from the preceding quarter by 325 %.
Net profit rose by 106.29 % year-on-year but experienced a 400 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 105.88 % but a quarterly rise of 333.33 %. In summary, SEA TV Network 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. 2.911 Cr | Rs. 2.955 Cr | Rs. 3.447 Cr | + 16.65 % | + 18.41 % |
Expenses | Rs. 4.09 Cr | Rs. 4.05 Cr | Rs. 3.92 Cr | -3.21 % | -4.16 % |
Operating Profit | Rs. -1.18 Cr | Rs. -1.1 Cr | Rs. -0.47 Cr | + 57.27 % | + 60.17 % |
Net Profit | Rs. -1.43 Cr | Rs. -0.03 Cr | Rs. 0.09 Cr | + 400 % | + 106.29 % |
EPS in Rs | Rs. -1.19 | Rs. -0.03 | Rs. 0.07 | + 333.33 % | + 105.88 % |
In reviewing SEA TV Network Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.41 % year-on-year growth, however, there was a minor increase of 16.65 % from the previous quarter. Expenses decreased by -4.16 % compared to the previous year, with a decrease of -3.21 % quarter-on-quarter. Operating Profit surged by 60.17 % annually, and saw a 57.27 % increase from the last quarter.
Net Profit showed yearly increase of 106.29 %, and experienced a 400 % increase from the previous quarter. Earnings Per Share (EPS) rose by 105.88 % annually, however rose by 333.33 % compared to the last quarter. In essence, while SEA TV Network Limited exhibits strong annual growth 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.