Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.43 % in the past year, substantial increase in net sales/revenue by 1.9 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -52.16 %, Marginal increase in other income during this quarter, up by 8200%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SEA TV Network Limited. Profit dropped by -101.83 % Year to Year, SEA TV Network Limited’s profitability dropped by -100.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -102.13 % Year to Year. EPS decreased by -100.11 % 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. 2.394 Cr | Rs. 2.9 Cr | Rs. 2.955 Cr | + 1.9 % | + 23.43 % |
| Expenses | Rs. 3.93 Cr | Rs. 3.34 Cr | Rs. 4.05 Cr | + 21.26 % | + 3.05 % |
| Operating Profit | Rs. -1.54 Cr | Rs. -0.44 Cr | Rs. -1.1 Cr | -150 % | + 28.57 % |
| OPM % | -64.33 % | -15.17 % | -37.23 % | -22.06 % | + 27.1 % |
| Other Income | Rs. 3.47 Cr | Rs. 0.02 Cr | Rs. 1.66 Cr | + 8200 % | -52.16 % |
| Interest | Rs. 0.1 Cr | Rs. 0.04 Cr | Rs. 0.39 Cr | + 875 % | + 290 % |
| Depreciation | Rs. 0.13 Cr | Rs. 0.23 Cr | Rs. 0.21 Cr | -8.7 % | + 61.54 % |
| Profit before tax | Rs. 1.7 Cr | Rs. -0.69 Cr | Rs. -0.04 Cr | + 94.2 % | -102.35 % |
| Tax % | 0 % | 0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 1.7 Cr | Rs. 33.57 Cr | Rs. -0.03 Cr | -100.09 % | -101.76 % |
| EPS in Rs | Rs. 1.41 | Rs. 27.93 | Rs. -0.03 | -100.11 % | -102.13 % |
Today, we’re looking at SEA TV Network Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 23.43 %. However, it did see a marginal increase of 1.9 % from the previous quarter. Expenses ticked up slightly by 21.26 % quarter-on-quarter, aligning with the annual rise of 3.05 %. Operating profit, while up 28.57 % compared to last year, faced a quarter-on-quarter dip of -150 %, 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 27.1 %, but a shrinkage of -22.06 % sequentially. Other income rose by 8200 % compared to the last quarter, despite an annual decline of -52.16 %. Interest expenses surged remarkably by 875 % from the previous quarter, yet the year-over-year increase remains at a moderate 290 %. Depreciation costs fell by -8.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 61.54 %. Profit before tax declined annually by -102.35 % but saw an increase from the preceding quarter by 94.2 %.
Net profit fell by -101.76 % year-on-year but witnessed a -100.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -102.13 % but a quarterly fall of -100.11 %. 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. 2.394 Cr | Rs. 2.9 Cr | Rs. 2.955 Cr | + 1.9 % | + 23.43 % |
| Expenses | Rs. 3.93 Cr | Rs. 3.34 Cr | Rs. 4.05 Cr | + 21.26 % | + 3.05 % |
| Operating Profit | Rs. -1.54 Cr | Rs. -0.44 Cr | Rs. -1.1 Cr | -150 % | + 28.57 % |
| Net Profit | Rs. 1.7 Cr | Rs. 33.57 Cr | Rs. -0.03 Cr | -100.09 % | -101.76 % |
| EPS in Rs | Rs. 1.41 | Rs. 27.93 | Rs. -0.03 | -100.11 % | -102.13 % |
In reviewing SEA TV Network Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.43 % year-on-year growth, however, there was a minor increase of 1.9 % from the previous quarter. Expenses rose by 3.05 % compared to the previous year, with a 21.26 % increase quarter-on-quarter. Operating Profit surged by 28.57 % annually, and saw a -150 % decrease from the last quarter.
Net Profit showed yearly decrease of -101.76 %, and experienced a -100.09 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -102.13 % annually, however dipped by -100.11 % compared to the last quarter. In essence, while SEA TV Network Limited 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.
