Entertainment Network India Q1 results : loss at ₹5.5Cr, Revenue increased by 17.84% YoY
Entertainment Network India Q1 results : Revenue increased by 17.84% YoY & loss at ₹5.5Cr
Entertainment Network India Q1 Results Live : Entertainment Network India declared their Q1 results on 31 Jul, 2024, with the topline increasing by 17.84% year-on-year, while incurring a loss of ₹5.5 crore.
It is important to note that in the same period of the previous fiscal year, Entertainment Network India had reported a profit of ₹1.14 crore.
However, compared to the previous quarter, the revenue saw a decline of 24.34%.
The Selling, general & administrative expenses for Entertainment Network India rose by 10.94% quarter-on-quarter and increased by 5.06% year-on-year.
The operating income took a hit, decreasing by 298.12% quarter-on-quarter and 381.61% year-on-year.
The EPS for Q1 stands at ₹-1.14, showing a significant decrease of 1715.42% year-on-year.
In terms of returns, Entertainment Network India has delivered -4.21% in the last 1 week, -5.14% in the last 6 months, and 27.36% year-to-date.
Currently, the market cap of Entertainment Network India is ₹1203.57 crore with a 52-week high/low of ₹358.8 and ₹141.35 respectively.
Analysts covering the company have given a Buy rating, with the consensus recommendation as of 02 Aug, 2024 also being to Buy.
Entertainment Network India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 113.5 | 150.01 | -24.34% | 96.31 | +17.84% |
| Selling/ General/ Admin Expenses Total | 39.91 | 35.97 | +10.94% | 37.98 | +5.06% |
| Depreciation/ Amortization | 20.26 | 20.59 | -1.6% | 19.47 | +4.07% |
| Total Operating Expense | 126.25 | 143.57 | -12.07% | 98.96 | +27.58% |
| Operating Income | -12.75 | 6.44 | -298.12% | -2.65 | -381.61% |
| Net Income Before Taxes | -7.21 | 11.04 | -165.33% | 1.15 | -727.78% |
| Net Income | -5.5 | 8.86 | -162.09% | 1.14 | -580.98% |
| Diluted Normalized EPS | -1.14 | 1.79 | -163.86% | 0.07 | -1715.42% |
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