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.
TV TODAY NETWORK Announces Quarterly Results (2QFY19); Net Profit Down 0.5%

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?  

TV TODAY NETWORK Announces Quarterly Results (2QFY19); Net Profit Down 0.5%
Mon, 12 Nov

TV TODAY NETWORK has announced its results for the quarter ended September 2018. Here is a detailed performance review of the same:

TV TODAY NETWORK Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-17*
3
Jun-18*
3
Sep-18*
QoQ ChangeYoY Change
Net SalesRs m1,4441,8191,633-10.2%13.1%
Other incomeRs m54758311.3%54.3%
TurnoverRs m1,4971,8931,716-9.4%14.6%
ExpensesRs m9661,1831,1870.3%22.9%
Gross profitRs m478636446-29.8%-6.7%
DepreciationRs m8078791.4%-0.8%
InterestRs m120-73.4%-56.7%
Profit before taxRs m451630450-28.7%-0.3%
TaxRs m154221155-29.9%0.1%
Profit after taxRs m296410295-28.0%-0.5%
Gross profit margin%33.134.927.3
Effective tax rate%34.235.034.4
Net profit margin%19.821.617.2
* 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 13.1% on a year-on-year (YoY) basis. The expenses were up by 22.9% YoY during the same period.
  • The company's operating profit declined by 6.7% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.3% in 2QFY19 as against 33.1% in 2QFY18.
  • Depreciation charges declined by 0.8% and finance costs declined by 56.7% YoY, respectively.
  • Other income increased by 54.3% YoY during the quarter.
  • Net profit for the quarter declined by 0.5% YoY. Net profit margins during the quarter declined from 19.8% in 2QFY18 to 17.2% in 2QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 10.2% on a quarter-on-quarter (QoQ) basis. The expenses were up by 0.3% QoQ during the same period.
  • The company's operating profit declined by 29.8% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 27.3% in 2QFY19 as against 34.9% in 1QFY18.
  • Net profit for the quarter declined by 28.0% QoQ, while net profit margins declined from 21.7% in 1QFY18 to 17.2% in 2QFY19.

To see how TV TODAY NETWORK has performed over the last eight quarters, please visit here.

TV TODAY NETWORK Share Price Performance

Over the last one year, TV TODAY NETWORK share price has moved up from Rs 362.5 to Rs 379.0, registering a Gain of Rs 16.5 or around 4.6%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,191.9 (up 1.3%). Over the last one year it has moved up from 6,122.4 to 7,191.9, a gain of 1,070 points (up 17.5%).

Overall, the S&P BSE SENSEX is up 5.8% over the year.

Current Valuations

At the current price of Rs 379.0, the price to earnings (P/E) ratio of TV TODAY NETWORK stands at 16.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.4 times.

Equitymaster requests your view! Post a comment on "TV TODAY NETWORK Announces Quarterly Results (2QFY19); Net Profit Down 0.5%". Click here!

  

Related Views on News

TV TODAY NETWORK Announces Quarterly Results (3QFY19); Net Profit Up 9.7% (Quarterly Result Update)

Feb 15, 2019 | Updated on Feb 15, 2019

For the quarter ended December 2018, TV TODAY NETWORK has posted a net profit of Rs 392 m (up 9.7% YoY). Sales on the other hand came in at Rs 2 bn (up 14.9% YoY). Read on for a complete analysis of TV TODAY NETWORK's quarterly results.

TV TODAY NETWORK 2017-18 Annual Report Analysis (Annual Result Update)

Sep 19, 2018 | Updated on Sep 19, 2018

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

TV TODAY NETWORK Announces Quarterly Results (1QFY19); Net Profit Up 111.4% (Quarterly Result Update)

Aug 13, 2018 | Updated on Aug 13, 2018

For the quarter ended June 2018, TV TODAY NETWORK has posted a net profit of Rs 410 m (up 111.4% YoY). Sales on the other hand came in at Rs 2 bn (up 20.4% YoY). Read on for a complete analysis of TV TODAY NETWORK's quarterly results.

GTPL Hathway Ltd. (IPO)

Jun 21, 2017

Should one subscribe to the IPO of GTPL Hathway Ltd?

S Chand and Company Ltd. (IPO)

Apr 26, 2017

Should you subscribe to the IPO of S Chand and Company Limited?

More Views on News

Most Popular

The One Real Estate Stock to Buy Now(The 5 Minute Wrapup)

Feb 13, 2019

The real estate sector is ready to make a comeback. This is the stock to consider buying.

Don't Be Afraid of the Market; Buy Stocks Like This One(The 5 Minute Wrapup)

Feb 14, 2019

During this tough period in the market, a contrarian approach holds huge potential upside for this Smart Money Secrets stock.

Small Caps Under Seige: Could This Be A Once-in-a-Decade Wealth Creating Opportunity?(Profit Hunter)

Feb 14, 2019

Don't let the dark clouds hovering over small caps scare you into hiding; it will rain gold as sentiments recover. Indeed, there is a blood bath. And if you are a first time investor, the correction is deep enough to scare you out of markets.

The 4-Point Plan to Accelerate India to a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Feb 12, 2019

Two questions I have been eagerly waiting to ask you ever since Budget 2019 was announced.

The Train to 'Small-Cap-Profits Land' is Back on the Station!(Profit Hunter)

Feb 15, 2019

Why its great news that prices for small caps over the last few days have been falling like there's no tomorrow.

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

TV TODAY NETWORK SHARE PRICE


Feb 22, 2019 (Close)

TRACK TV TODAY NETWORK

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

MORE ON TV TODAY NETWORK

TV TODAY NETWORK 5-YR ANALYSIS

COMPARE TV TODAY NETWORK WITH

MARKET STATS