X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
MTNL Announces Quarterly Results (4QFY19); Net Profit Up 16.1%

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?  

MTNL Announces Quarterly Results (4QFY19); Net Profit Up 16.1%
Wed, 5 Jun

MTNL has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

MTNL Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m4,9245,1455,3684.3%9.0%
Other incomeRs m1,6771,7791,485-16.6%-11.5%
TurnoverRs m6,6006,9246,853-1.0%3.8%
ExpensesRs m9,0778,4477,530-10.9%-17.0%
Gross profitRs m-4,154-3,302-2,162
DepreciationRs m2,5852,4582,407-2.1%-6.9%
InterestRs m3,9444,3424,4713.0%13.4%
Profit before taxRs m-9,006-8,323-7,555
TaxRs m0000.0%0.0%
Profit after taxRs m-9,006-8,323-7,555
Gross profit margin%-84.4-64.2-40.3
Effective tax rate%0.00.00.0
Net profit margin%-136.5-120.2-110.2
* 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 grew 9.0% on a year-on-year (YoY) basis. The expenses were down by 17.0% YoY during the same period.
  • The company's operating profit declined by 48.0% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.3% in 4QFY19 as against 84.4% in 4QFY18.
  • Depreciation charges declined by 6.9% and finance costs increased by 13.4% YoY, respectively.
  • Other income declined by 11.5% YoY during the quarter.
  • Net profit for the quarter increased by 16.1% YoY. Net profit margins during the quarter increased from -136.5% in 4QFY18 to -110.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 4.3% on a quarter-on-quarter (QoQ) basis. The expenses were down by 10.9% QoQ during the same period.
  • The company's operating profit increased by 34.5% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 40.3% in 4QFY19 as against 64.2% in 3QFY18.
  • Net profit for the quarter increased by 9.2% QoQ, while net profit margins increased from -120.2% in 3QFY18 to -110.2% in 4QFY19.

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

MTNL Share Price Performance

Over the last one year, MTNL share price has moved up from Rs 15.1 to Rs 9.9, registering a Loss of Rs 5.2 or around 34.2%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,741.0 (down 1.5%). Over the last one year it has moved up from 6,827.9 to 7,741.0, a gain of 913 points (up 13.4%).

Overall, the S&P BSE SENSEX is up 14.5% over the year.

Current Valuations

At the current price of Rs 9.9, the price to book value (P/BV) ratio of MTNL stands at -0.1 times.

Equitymaster requests your view! Post a comment on "MTNL Announces Quarterly Results (4QFY19); Net Profit Up 16.1%". Click here!

  

Related Views on News

MTNL 2017-18 Annual Report Analysis (Annual Result Update)

Dec 19, 2018 | Updated on Dec 19, 2018

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

MTNL Announces Quarterly Results (4QFY18); Net Profit Up 41.9% (Quarterly Result Update)

Jun 13, 2018 | Updated on Jun 13, 2018

For the quarter ended March 2018, MTNL has posted a net profit of Rs 9 bn (up 41.9% YoY). Sales on the other hand came in at Rs 5 bn (down 30.2% YoY). Read on for a complete analysis of MTNL's quarterly results.

Stock for An Antifragile Portfolio (Profit Hunter)

Nov 17, 2017

Stocks that will gain from disruption - and make you profits while other sink.

More Views on News

Most Popular

These 3 Smallcap Stocks are Set to Make the Most of Smallcap Rebound(Profit Hunter)

Jul 9, 2019

As the sense of normalcy returns to the markets, the rebound in the quality smallcaps could be huge.

2 Stocks from Super Investor Sanjay Bakshi's Portfolio You Can Bet On...(The 5 Minute Wrapup)

Jul 12, 2019

Despite the current fear prevailing in the markets, both these stocks have the potential to deliver in 4-5 years.

After Disappointing Budget, Here's a Document that Concerns Largecap and Smallcap Investors(The 5 Minute Wrapup)

Jul 8, 2019

A new 'definition' of the stock universe that triggered the smallcap sell-off is back with the latest list...

Here's What to Do with Falling Small Cap Stocks(Profit Hunter)

Jul 10, 2019

There are some great buying opportunities in the market right now - and the small cap space is your best bet.

Budget an Icing on the Cake for This Smart Money Backed Affordable Housing Stock(The 5 Minute Wrapup)

Jul 10, 2019

Affordable housing is one of the most straightforward growth stories in India. This will help the real estate sector to come out of the slump.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MTNL SHARE PRICE


Jul 18, 2019 (Close)

TRACK MTNL

COMPARE MTNL WITH

MARKET STATS