Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.39 % in the past year, substantial increase in net sales/revenue by 4.13 %.
- 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 56.39 %. Marginal increase in other income during this quarter, up by 1.92%.
- Profit over the Year and quarter: Significant improvement in profitability for SUN TV NETWORK LIMITED. Notable increase of 9.08 % in net profit Year to Year, SUN TV NETWORK LIMITED’s profitability dropped by -8.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 9.12 % Year to Year. EPS decreased by -8.59 % 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. 840.36 Cr | Rs. 923.15 Cr | Rs. 961.276 Cr | + 4.13 % | + 14.39 % |
| Expenses | Rs. 342.53 Cr | Rs. 333.83 Cr | Rs. 438.36 Cr | + 31.31 % | + 27.98 % |
| Operating Profit | Rs. 497.83 Cr | Rs. 589.32 Cr | Rs. 522.92 Cr | -11.27 % | + 5.04 % |
| OPM % | 59.24 % | 63.84 % | 54.4 % | -9.44 % | -4.84 % |
| Other Income | Rs. 91.04 Cr | Rs. 139.7 Cr | Rs. 142.38 Cr | + 1.92 % | + 56.39 % |
| Interest | Rs. 2.48 Cr | Rs. 1.85 Cr | Rs. 1.88 Cr | + 1.62 % | -24.19 % |
| Depreciation | Rs. 79.74 Cr | Rs. 115.32 Cr | Rs. 108.1 Cr | -6.26 % | + 35.57 % |
| Profit before tax | Rs. 506.65 Cr | Rs. 611.85 Cr | Rs. 555.32 Cr | -9.24 % | + 9.61 % |
| Tax % | 25.18 % | 25.96 % | 25.51 % | -0.45 % | + 0.33 % |
| Net Profit | Rs. 380.4 Cr | Rs. 454.09 Cr | Rs. 414.94 Cr | -8.62 % | + 9.08 % |
| EPS in Rs | Rs. 9.65 | Rs. 11.52 | Rs. 10.53 | -8.59 % | + 9.12 % |
Today, we’re looking at SUN 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 14.39 %. However, it did see a marginal increase of 4.13 % from the previous quarter. Expenses ticked up slightly by 31.31 % quarter-on-quarter, aligning with the annual rise of 27.98 %. Operating profit, while up 5.04 % compared to last year, faced a quarter-on-quarter dip of -11.27 %, 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 -4.84 %, but a shrinkage of -9.44 % sequentially. Other income rose by 1.92 % compared to the last quarter, despite an annual growth of 56.39 %. Interest expenses surged remarkably by 1.62 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.19 %. Depreciation costs fell by -6.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.57 %. Profit before tax grew annually by 9.61 % but saw a reduction from the preceding quarter by -9.24 %.
Tax expenses as a percentage of profits increased slightly by 0.33 % compared to last year, with a more notable quarter-on-quarter decrease of -0.45 %. Net profit rose by 9.08 % year-on-year but witnessed a -8.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.12 % but a quarterly fall of -8.59 %. In summary, SUN 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. 840.36 Cr | Rs. 923.15 Cr | Rs. 961.276 Cr | + 4.13 % | + 14.39 % |
| Expenses | Rs. 342.53 Cr | Rs. 333.83 Cr | Rs. 438.36 Cr | + 31.31 % | + 27.98 % |
| Operating Profit | Rs. 497.83 Cr | Rs. 589.32 Cr | Rs. 522.92 Cr | -11.27 % | + 5.04 % |
| Net Profit | Rs. 380.4 Cr | Rs. 454.09 Cr | Rs. 414.94 Cr | -8.62 % | + 9.08 % |
| EPS in Rs | Rs. 9.65 | Rs. 11.52 | Rs. 10.53 | -8.59 % | + 9.12 % |
In reviewing SUN TV NETWORK LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.39 % year-on-year growth, however, there was a minor increase of 4.13 % from the previous quarter. Expenses rose by 27.98 % compared to the previous year, with a 31.31 % increase quarter-on-quarter. Operating Profit surged by 5.04 % annually, and saw a -11.27 % decrease from the last quarter.
Net Profit showed yearly increase of 9.08 %, and experienced a -8.62 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 9.12 % annually, however dipped by -8.59 % compared to the last quarter. In essence, while SUN TV NETWORK LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
