Share the post "Zee Entertainment Enterprises : Q4 2024 Financial Quarterly Report : YoY Sales Up 2.74 %, QoQ Up 6.07 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.74 % in the past year, substantial increase in net sales/revenue by 6.07 %.
- 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 115.27 %. Marginal decrease of -49.65% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zee Entertainment Enterprises Ltd.. Profit dropped by -106.81 % Year to Year, Zee Entertainment Enterprises Ltd.’s profitability dropped by -77.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -106.37 % Year to Year. EPS decreased by -78.69 % 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. 2112.11 Cr | Rs. 2045.67 Cr | Rs. 2169.92 Cr | + 6.07 % | + 2.74 % |
| Expenses | Rs. 1960.38 Cr | Rs. 1836.5 Cr | Rs. 1959.66 Cr | + 6.71 % | -0.04 % |
| Operating Profit | Rs. 151.73 Cr | Rs. 209.17 Cr | Rs. 210.26 Cr | + 0.52 % | + 38.58 % |
| OPM % | 7.18 % | 10.23 % | 9.69 % | -0.54 % | + 2.51 % |
| Other Income | Rs. -108.81 Cr | Rs. 32.99 Cr | Rs. 16.61 Cr | -49.65 % | + 115.27 % |
| Interest | Rs. 39.64 Cr | Rs. 18.34 Cr | Rs. 6.9 Cr | -62.38 % | -82.59 % |
| Depreciation | Rs. 83.34 Cr | Rs. 76.14 Cr | Rs. 77.2 Cr | + 1.39 % | -7.37 % |
| Profit before tax | Rs. -80.06 Cr | Rs. 147.68 Cr | Rs. 142.77 Cr | -3.32 % | + 278.33 % |
| Tax % | -55.34 % | 35.1 % | 89.37 % | + 54.27 % | + 144.71 % |
| Net Profit | Rs. -196.03 Cr | Rs. 58.54 Cr | Rs. 13.35 Cr | -77.2 % | + 106.81 % |
| EPS in Rs | Rs. -0.76 | Rs. 0.56 | Rs. 0.12 | -78.57 % | + 115.79 % |
Today, we’re looking at Zee Entertainment Enterprises Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.74 %. However, it did see a marginal increase of 6.07 % from the previous quarter. Expenses ticked up slightly by 6.71 % quarter-on-quarter, aligning with the annual decline of -0.04 %. Operating profit, while up 38.58 % compared to last year, faced a quarter-on-quarter increase of 0.52 %, 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 2.51 %, but a shrinkage of -0.54 % sequentially. Other income fell by -49.65 % compared to the last quarter, despite an annual growth of 115.27 %. Interest expenses dropped significantly by -62.38 % from the previous quarter, yet the year-over-year decrease remains at a moderate -82.59 %. Depreciation costs climbed by 1.39 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.37 %. Profit before tax grew annually by 278.33 % but saw a reduction from the preceding quarter by -3.32 %.
Tax expenses as a percentage of profits increased slightly by 144.71 % compared to last year, with a more notable quarter-on-quarter increase of 54.27 %. Net profit rose by 106.81 % year-on-year but witnessed a -77.2 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 115.79 % but a quarterly fall of -78.57 %. In summary, Zee Entertainment Enterprises 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. 2112.11 Cr | Rs. 2045.67 Cr | Rs. 2169.92 Cr | + 6.07 % | + 2.74 % |
| Expenses | Rs. 1960.38 Cr | Rs. 1836.5 Cr | Rs. 1959.66 Cr | + 6.71 % | -0.04 % |
| Operating Profit | Rs. 151.73 Cr | Rs. 209.17 Cr | Rs. 210.26 Cr | + 0.52 % | + 38.58 % |
| Net Profit | Rs. -196.03 Cr | Rs. 58.54 Cr | Rs. 13.35 Cr | -77.2 % | + 106.81 % |
| EPS in Rs | Rs. -0.76 | Rs. 0.56 | Rs. 0.12 | -78.57 % | + 115.79 % |
In reviewing Zee Entertainment Enterprises Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.74 % year-on-year growth, however, there was a minor increase of 6.07 % from the previous quarter. Expenses decreased by -0.04 % compared to the previous year, with a 6.71 % increase quarter-on-quarter. Operating Profit surged by 38.58 % annually, and saw a 0.52 % increase from the last quarter.
Net Profit showed yearly increase of 106.81 %, and experienced a -77.2 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 115.79 % annually, however dipped by -78.57 % compared to the last quarter. In essence, while Zee Entertainment Enterprises Ltd. 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.
