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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 21.19 % in the past year, substantial increase in net sales/revenue by 6.98 %.
- 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 72.3 %. Marginal increase in other income during this quarter, up by 393.31%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zee Media Corporation Limited. Profit dropped by -85.78 % Year to Year, Zee Media Corporation Limited’s profitability dropped by -81.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -86.30 % Year to Year. EPS decreased by -82.46 % 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. 147.69 Cr | Rs. 167.31 Cr | Rs. 178.982 Cr | + 6.98 % | + 21.19 % |
Expenses | Rs. 147.66 Cr | Rs. 192.74 Cr | Rs. 152.77 Cr | -20.74 % | + 3.46 % |
Operating Profit | Rs. 0.03 Cr | Rs. -25.43 Cr | Rs. 26.21 Cr | + 203.07 % | + 87266.67 % |
OPM % | 0.02 % | -15.2 % | 14.64 % | + 29.84 % | + 14.62 % |
Other Income | Rs. 8.99 Cr | Rs. 3.14 Cr | Rs. 15.49 Cr | + 393.31 % | + 72.3 % |
Interest | Rs. 7.34 Cr | Rs. 4.93 Cr | Rs. 8.4 Cr | + 70.39 % | + 14.44 % |
Depreciation | Rs. 23.33 Cr | Rs. 19.19 Cr | Rs. 27 Cr | + 40.7 % | + 15.73 % |
Profit before tax | Rs. -21.65 Cr | Rs. -46.41 Cr | Rs. 6.3 Cr | + 113.57 % | + 129.1 % |
Tax % | -14.42 % | -22.65 % | -32.27 % | -9.62 % | -17.85 % |
Net Profit | Rs. -45.79 Cr | Rs. -35.91 Cr | Rs. -6.51 Cr | + 81.87 % | + 85.78 % |
EPS in Rs | Rs. -0.73 | Rs. -0.57 | Rs. -0.1 | + 82.46 % | + 86.3 % |
Today, we’re looking at Zee Media Corporation 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 21.19 %. However, it did see a marginal increase of 6.98 % from the previous quarter. Expenses decreased slightly by -20.74 % quarter-on-quarter, aligning with the annual rise of 3.46 %. Operating profit, while up 87266.67 % compared to last year, faced a quarter-on-quarter increase of 203.07 %, 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 14.62 %, but an expansion of 29.84 % sequentially. Other income rose by 393.31 % compared to the last quarter, despite an annual growth of 72.3 %. Interest expenses surged remarkably by 70.39 % from the previous quarter, yet the year-over-year increase remains at a moderate 14.44 %. Depreciation costs climbed by 40.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.73 %. Profit before tax grew annually by 129.1 % but saw an increase from the preceding quarter by 113.57 %.
Tax expenses as a percentage of profits decreased slightly by -17.85 % compared to last year, with a more notable quarter-on-quarter decrease of -9.62 %. Net profit rose by 85.78 % year-on-year but experienced a 81.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 86.3 % but a quarterly rise of 82.46 %. In summary, Zee Media Corporation 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. 147.69 Cr | Rs. 167.31 Cr | Rs. 178.982 Cr | + 6.98 % | + 21.19 % |
Expenses | Rs. 147.66 Cr | Rs. 192.74 Cr | Rs. 152.77 Cr | -20.74 % | + 3.46 % |
Operating Profit | Rs. 0.03 Cr | Rs. -25.43 Cr | Rs. 26.21 Cr | + 203.07 % | + 87266.67 % |
Net Profit | Rs. -45.79 Cr | Rs. -35.91 Cr | Rs. -6.51 Cr | + 81.87 % | + 85.78 % |
EPS in Rs | Rs. -0.73 | Rs. -0.57 | Rs. -0.1 | + 82.46 % | + 86.3 % |
In reviewing Zee Media Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.19 % year-on-year growth, however, there was a minor increase of 6.98 % from the previous quarter. Expenses rose by 3.46 % compared to the previous year, with a decrease of -20.74 % quarter-on-quarter. Operating Profit surged by 87266.67 % annually, and saw a 203.07 % increase from the last quarter.
Net Profit showed yearly increase of 85.78 %, and experienced a 81.87 % increase from the previous quarter. Earnings Per Share (EPS) rose by 86.3 % annually, however rose by 82.46 % compared to the last quarter. In essence, while Zee Media Corporation 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.