Tariff rebalancing unbalances VSNL - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Tariff rebalancing unbalances VSNL

Oct 31, 2000

With continuing reduction in international telephony rates Videsh Sanchar Nigam Limited's (VSNL) topline growth continues to be under jeopardy.

(Rs m) 2QFY00 2QFY01 Change
Sales 16,655 16,710 0.3%
Other Income 1,223 1,539 25.8%
Expenditure 12,243 12,849 4.9%
Operating Profit (EBDIT) 4,412 3,861 -12.5%
Operating Profit Margin (%) 26.5% 23.1%  
Interest - -  
Depreciation 235 289 23.0%
Profit before Tax 5,400 5,111 -5.4%
Tax 1,934 1,639 -15.3%
Profit after Tax/(Loss) 3,466 3,472 0.2%
Net profit margin (%) 20.8% 20.8%  
No. of Shares (eoy) 95 95  
Diluted earnings per share* 146 146  
P/E Ratio   4.2  
(*annualised)      

The company has done well to prevent erosion in top and bottomline. The sharp cuts in telecom tariffs have prevented any realisation growth. Performance has been salavaged due to the increase in international telephony traffic, which was up 17.8% for 1HFY01.

Equitymaster requests your view! Post a comment on "Tariff rebalancing unbalances VSNL". Click here!

  

More Views on News

Why Did Tata Communications Shares Plunge Today? (Views On News)

Apr 29, 2021

Key takeaways from Tata Communications Q4FY21 results.

TATA COMM Announces Quarterly Results (3QFY21); Net Profit Up 438.8% (Quarterly Result Update)

Jan 20, 2021 | Updated on Jan 20, 2021

For the quarter ended December 2020, TATA COMM has posted a net profit of Rs 3 bn (up 438.8% YoY). Sales on the other hand came in at Rs 42 bn (down 0.1% YoY). Read on for a complete analysis of TATA COMM's quarterly results.

TATA COMM. Announces Quarterly Results (2QFY21); Net Profit Up 635.0% (Quarterly Result Update)

Oct 19, 2020 | Updated on Oct 19, 2020

For the quarter ended September 2020, TATA COMM. has posted a net profit of Rs 4 bn (up 635.0% YoY). Sales on the other hand came in at Rs 44 bn (up 3.0% YoY). Read on for a complete analysis of TATA COMM.'s quarterly results.

Bharti Airtel Q4: Back to Quarterly Profit on Subscriber Additions & Data Usage (Views On News)

May 18, 2021

The company swung to quarterly profits as it added more subscribers and amid increased data usage.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors (Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

My 'Unlock' Investments (Fast Profits Daily)

Jun 11, 2021

The best unlock investments you can make in the market.

The Most Visible Sign of India's Revival is on Two Wheels (Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

How I Discovered a 400-Year-Old Open Secret to Extreme Wealth (Profit Hunter)

Jun 11, 2021

Charlie Munger's open secret about investing success.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TATA COMM SHARE PRICE


Jun 16, 2021 (Close)

TRACK TATA COMM

  • Track your investment in TATA COMM with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

TATA COMM - FRANCE TELECOM COMPARISON

COMPARE TATA COMM WITH

MARKET STATS