TV TODAY NETWORK Announces Quarterly Results (4QFY19); Net Profit Down 38.0%

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 (4QFY19); Net Profit Down 38.0%
Fri, 24 May

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

TV TODAY NETWORK Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m1,8111,9941,657-16.9%-8.6%
Other incomeRs m8266150128.0%82.4%
TurnoverRs m1,8942,0601,806-12.3%-4.6%
ExpensesRs m1,2881,3781,345-2.4%4.4%
Gross profitRs m523616271-56.0%-48.2%
DepreciationRs m7777793.0%3.4%
InterestRs m412190.7%-62.2%
Profit before taxRs m524604340-43.7%-35.2%
TaxRs m198212138-35.1%-30.5%
Profit after taxRs m326392202-48.4%-38.0%
Gross profit margin%28.930.916.4
Effective tax rate%37.835.140.5
Net profit margin%17.219.011.2
* 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 8.6% on a year-on-year (YoY) basis. The expenses were up by 4.4% YoY during the same period.
  • The company's operating profit declined by 48.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.4% in 4QFY19 as against 28.9% in 4QFY18.
  • Depreciation charges increased by 3.4% and finance costs declined by 62.2% YoY, respectively.
  • Other income increased by 82.4% YoY during the quarter.
  • Net profit for the quarter declined by 38.0% YoY. Net profit margins during the quarter declined from 17.2% in 4QFY18 to 11.2% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 16.9% on a quarter-on-quarter (QoQ) basis. The expenses were down by 2.4% QoQ during the same period.
  • The company's operating profit declined by 56.0% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 16.4% in 4QFY19 as against 30.9% in 3QFY18.
  • Net profit for the quarter declined by 48.4% QoQ, while net profit margins declined from 19.0% in 3QFY18 to 11.2% in 4QFY19.

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 433.0 to Rs 264.0, registering a Loss of Rs 169.0 or around 39.0%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,441.8 (down 0.0%). Over the last one year it has moved up from 6,996.8 to 7,441.8, a gain of 445 points (up 6.4%).

Overall, the S&P BSE SENSEX is up 13.3% over the year.

Current Valuations

At the current price of Rs 264.0, the price to earnings (P/E) ratio of TV TODAY NETWORK stands at 12.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.4 times.

Equitymaster requests your view! Post a comment on "TV TODAY NETWORK Announces Quarterly Results (4QFY19); Net Profit Down 38.0%". Click here!

  

Related Views on News

TV TODAY NETWORK Announces Quarterly Results (2QFY20); Net Profit Down 19.7% (Quarterly Result Update)

Oct 25, 2019 | Updated on Oct 25, 2019

For the quarter ended September 2019, TV TODAY NETWORK has posted a net profit of Rs 237 m (down 19.7% YoY). Sales on the other hand came in at Rs 2 bn (up 10.5% YoY). Read on for a complete analysis of TV TODAY NETWORK's quarterly results.

TV TODAY NETWORK Announces Quarterly Results (1QFY20); Net Profit Up 24.5% (Quarterly Result Update)

Aug 13, 2019 | Updated on Aug 13, 2019

For the quarter ended June 2019, TV TODAY NETWORK has posted a net profit of Rs 510 m (up 24.5% YoY). Sales on the other hand came in at Rs 2 bn (up 34.8% 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.

More Views on News

Most Popular

Use My Secret to Increase Your Trading Profits Today

Dec 10, 2019

What to do after every trade.

A Simple, 7-Step Checklist for Your Trading Success

Dec 4, 2019

What we can learn from one of the greatest traders to have ever lived.

Blue Chips Are Passe. Get into these Stocks for Outstanding Gains in 2020(Profit Hunter)

Dec 5, 2019

This corner of the market could provide more returns than blue chips in 2020.

Make the Most of the Smallcap Rebound with These Stocks(Profit Hunter)

Dec 3, 2019

Even amid a gloomy economic scenario, there are smallcaps that have grown earnings over last one and a half year and I believe these could be the strongest candidates for a smallcap rebound.

What Is the IPO Euphoria Signaling Us About the Markets?(The 5 Minute Wrapup)

Dec 2, 2019

2019 will be remembered as the year of great money-making IPOs...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
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


Dec 13, 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