TATA TELESERVICES Announces Quarterly Results (1QFY20); Net Profit Up 49.8%

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?  

Markets will remain closed on 6th April, 2020 on account of Mahavir Jayanti.

TATA TELESERVICES Announces Quarterly Results (1QFY20); Net Profit Up 49.8%
Thu, 8 Aug

TATA TELESERVICES has announced its results for the quarter ended June 2019. Here is a detailed performance review of the same:

TATA TELESERVICES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m3,3453,1552,935-7.0%-12.3%
Other incomeRs m94218-57.7%97.8%
TurnoverRs m3,3533,1962,952-7.6%-12.0%
ExpensesRs m2,922-2,1212,271-22.3%
Gross profitRs m-49010,3792,486-76.0%
DepreciationRs m387553477-13.8%23.3%
InterestRs m3,6864,0724,3166.0%17.1%
Profit before taxRs m-4,5545,796-2,289-139.5%
TaxRs m0000.0%0.0%
Profit after taxRs m-4,5545,796-2,289-139.5%
Gross profit margin%-14.7329.084.7
Effective tax rate%0.00.00.0
Net profit margin%-135.8181.3-77.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter fell 12.3% on a year-on-year (YoY) basis. The expenses were down by 22.3% YoY during the same period.
  • The company's operating profit declined by 607.1% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 84.7% in 1QFY20 as against 14.7% in 1QFY19.
  • Depreciation charges increased by 23.3% and finance costs increased by 17.1% YoY, respectively.
  • Other income increased by 97.8% YoY during the quarter.
  • Net profit for the quarter increased by 49.8% YoY. Net profit margins during the quarter increased from -135.8% in 1QFY19 to -77.5% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 7.0% on a quarter-on-quarter (QoQ) basis. The expenses were down by 207.1% QoQ during the same period.
  • The company's operating profit declined by 76.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 84.7% in 1QFY20 as against 329.0% in 4QFY19.
  • Net profit for the quarter declined by 139.5% QoQ, while net profit margins declined from 181.4% in 4QFY19 to -77.5% in 1QFY20.

To see how TATA TELESERVICES has performed over the last eight quarters,please visit here.

TATA TELESERVICES Share Price Performance

Over the last one year,TATA TELESERVICES share price has moved down from Rs 5.2 to Rs 2.8, registering a Loss of Rs 2.3 or around 44.9%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,742.2 (up 1.1%). Over the last one year it has moved up from 7,421.1 to 7,742.2, a gain of 321 points (up 4.3%).

Overall, the S&P BSE SENSEX is down 2.5% over the year.

Current Valuations

At the current price of Rs 2.8, the price to book value (P/BV) ratio of TATA TELESERVICES stands at 0.0 times.

Equitymaster requests your view! Post a comment on "TATA TELESERVICES Announces Quarterly Results (1QFY20); Net Profit Up 49.8%". Click here!

  

Related Views on News

TATA TELESERVICES Announces Quarterly Results (4QFY19); Net Profit Up 185.0% (Quarterly Result Update)

Jun 7, 2019 | Updated on Jun 7, 2019

For the quarter ended March 2019, TATA TELESERVICES has posted a net profit of Rs 6 bn (up 185.0% YoY). Sales on the other hand came in at Rs 3 bn (down 17.4% YoY). Read on for a complete analysis of TATA TELESERVICES's quarterly results.

TATA TELESERVICES Announces Quarterly Results (3QFY19); Net Profit Up 14.8% (Quarterly Result Update)

Feb 25, 2019 | Updated on Feb 25, 2019

For the quarter ended December 2018, TATA TELESERVICES has posted a net profit of Rs 4 bn (up 14.8% YoY). Sales on the other hand came in at Rs 3 bn (down 27.0% YoY). Read on for a complete analysis of TATA TELESERVICES's quarterly results.

More Views on News

Most Popular

Sorry Warren Buffett, I'm Following This Man Instead of You in 2020(The 5 Minute Wrapup)

Mar 30, 2020

This man warned of an impending market correction while everyone else was celebrating the renewed optimism in early 2020...

The Biggest Trading Opportunity of 2020 is Here...

Mar 26, 2020

India's #1 trader, Vijay Bhambwani, talks about a hugely profitable trading opportunity which you must know about today!

A Big Trading Opportunity is Coming Your Way Soon(Fast Profits Daily)

Mar 25, 2020

I see a big opportunity to make fast profits on the horizon.

Coronavirus Sell-off Is a Perfect Time to 'Lockdown' this 'Crorepati' Stock(Profit Hunter)

Mar 24, 2020

Coronavirus crisis and panic selling has brought this quality smallcap to multiyear lows, making it a great bargain.

One Stock that is All Charged Up for the Post Coronavirus Rebound(The 5 Minute Wrapup)

Apr 1, 2020

A stock with strong moat is currently trading near 5-year lows.

More

How to Trade the
Coronavirus Crash

Coronavirus Crash
Get this special report, authored by Equitymaster's top analysts, now.
We will never sell or rent your email id.
Please read our Terms

TATA TELESERVICES SHARE PRICE


Apr 3, 2020 (Close)

TRACK TATA TELESERVICES

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

MORE ON TATA TELESERVICES

TATA TELESERVICES 5-YR ANALYSIS

COMPARE TATA TELESERVICES WITH

MARKET STATS