HT MEDIA Announces Quarterly Results (1QFY20); Net Profit Down 12041.1%

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.

HT MEDIA Announces Quarterly Results (1QFY20); Net Profit Down 12041.1%
Wed, 24 Jul

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

HT MEDIA Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-18*
3
Mar-19*
3
Jun-19*
QoQ ChangeYoY Change
Net SalesRs m5,4245,3575,4020.8%-0.4%
Other incomeRs m269853481-43.7%78.7%
TurnoverRs m5,6936,2105,883-5.3%3.3%
ExpensesRs m5,0645,8304,992-14.4%-1.4%
Gross profitRs m326-542-1,353-514.9%
DepreciationRs m26926841153.4%52.7%
InterestRs m25924127915.9%7.8%
Profit before taxRs m67-197-1,563-2428.6%
TaxRs m5514-82-705.9%-249.5%
Profit after taxRs m12-211-1,481-12041.1%
Gross profit margin%6.0-10.1-25.0
Effective tax rate%81.5-6.85.2
Net profit margin%0.2-3.4-25.2
* 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 0.4% on a year-on-year (YoY) basis. The expenses were down by 1.4% YoY during the same period.
  • The company's operating profit declined by 514.9% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 25.0% in 1QFY20 as against 6.0% in 1QFY19.
  • Depreciation charges increased by 52.7% and finance costs increased by 7.8% YoY, respectively.
  • Other income increased by 78.7% YoY during the quarter.
  • Net profit for the quarter declined by 12041.1% YoY. Net profit margins during the quarter declined from 0.2% in 1QFY19 to -25.2% in 1QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 0.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 14.4% QoQ during the same period.
  • The company's operating profit declined by 149.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 25.0% in 1QFY20 as against 10.1% in 4QFY19.
  • Net profit for the quarter declined by 602.4% QoQ, while net profit margins declined from -3.4% in 4QFY19 to -25.2% in 1QFY20.

To see how HT MEDIA has performed over the last eight quarters,please visit here.

HT MEDIA Share Price Performance

Over the last one year,HT MEDIA share price has moved down from Rs 56.8 to Rs 26.1, registering a Loss of Rs 30.8 or around 54.1%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,611.2 (down 0.4%). Over the last one year it has moved up from 7,425.9 to 7,611.2, a gain of 185 points (up 2.5%).

Overall, the S&P BSE SENSEX is up 3.2% over the year.

Current Valuations

At the current price of Rs 26.1, the price to book value (P/BV) ratio of HT MEDIA stands at 0.2 times.

Equitymaster requests your view! Post a comment on "HT MEDIA Announces Quarterly Results (1QFY20); Net Profit Down 12041.1%". Click here!

  

Related Views on News

HT MEDIA Announces Quarterly Results (3QFY20); Net Profit Down 56.6% (Quarterly Result Update)

Jan 27, 2020 | Updated on Jan 27, 2020

For the quarter ended December 2019, HT MEDIA has posted a net profit of Rs 147 m (down 56.6% YoY). Sales on the other hand came in at Rs 6 bn (down 2.0% YoY). Read on for a complete analysis of HT MEDIA's quarterly results.

HT MEDIA Announces Quarterly Results (2QFY20); Net Profit Up 51.5% (Quarterly Result Update)

Nov 11, 2019 | Updated on Nov 11, 2019

For the quarter ended September 2019, HT MEDIA has posted a net profit of Rs 215 m (up 51.5% YoY). Sales on the other hand came in at Rs 5 bn (up 1.5% YoY). Read on for a complete analysis of HT MEDIA's quarterly results.

HT MEDIA 2017-18 Annual Report Analysis (Annual Result Update)

Dec 21, 2018 | Updated on Dec 21, 2018

Here's an analysis of the annual report of HT MEDIA for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of HT MEDIA. Also includes updates on the valuation of HT MEDIA.

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.

Lockdown! Now the Bailout...(The Honest Truth)

Mar 25, 2020

Ajit Dayal on what India should do to manage the coronavirus impact on the economy.

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

HT MEDIA SHARE PRICE


Apr 3, 2020 (Close)

TRACK HT MEDIA

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

HT MEDIA - NASPERS COMPARISON

COMPARE HT MEDIA WITH

MARKET STATS