TV18 Broadcast Q4 FY24 results : loss at ₹51.73Cr, Revenue increased by 65.7% YoY
TV18 Broadcast Q4 FY24 results : Revenue increased by 65.7% YoY & loss at ₹51.73Cr
TV18 Broadcast declared their Q4 FY24 results on 18 Apr, 2024. The topline increased by 65.7% & the loss came at ₹51.73cr. It is noteworthy that TV18 Broadcast had declared profit of ₹35.19cr in the previous fiscal year same period.
As compared to the previous quarter, the revenue grew by 38.98%.
The Selling, general & administrative expenses rose by 4.73% q-o-q & increased by 15.39% Y-o-Y.
The operating income was down by 19.95% q-o-q & decreased by 644.94% Y-o-Y.
The EPS is ₹-0.3 for Q4 FY24 which decreased by 243.89% Y-o-Y.
TV18 Broadcast has delivered -1.77% return in the last 1 week, 1.18% return in the last 6 months, and -6.63% YTD return.
Currently, TV18 Broadcast has a market cap of ₹8083.21 Cr and a 52wk high/low of ₹68.7 & ₹28.2 respectively.
TV18 Broadcast Financials
| Period | Q4 FY24 | Q3 FY24 | Q-o-Q Growth | Q4 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2329.58 | 1676.19 | +38.98% | 1405.9 | +65.7% |
| Selling/ General/ Admin Expenses Total | 693.98 | 662.66 | +4.73% | 601.4 | +15.39% |
| Depreciation/ Amortization | 68.32 | 45.56 | +49.96% | 35.04 | +94.98% |
| Total Operating Expense | 2559.11 | 1867.54 | +37.03% | 1363.78 | +87.65% |
| Operating Income | -229.53 | -191.35 | -19.95% | 42.12 | -644.94% |
| Net Income Before Taxes | -126.84 | -50.17 | -152.82% | 32.67 | -488.25% |
| Net Income | -51.73 | -12.29 | -320.91% | 35.19 | -247% |
| Diluted Normalized EPS | -0.3 | -0.07 | -328.57% | 0.21 | -243.89% |
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