Are T.V. Today Netw. latest results good or bad?

T.V. Today Network has reported its financial results for the quarter ending March 2025, which reveal several concerning trends. The Profit Before Tax (PBT) has turned negative at Rs -4.15 crore, a significant decline compared to the average PBT of Rs 20.87 crore observed in the previous four quarters. Similarly, the Profit After Tax (PAT) has decreased to Rs 6.17 crore from an average of Rs 21.37 crore, indicating a substantial reduction in profitability.
The operating profit has reached its lowest level in five quarters at Rs 4.26 crore, with an operating profit margin of 1.71%, suggesting challenges in maintaining operational efficiency. Additionally, non-operating income now makes up 152.33% of the PBT, raising questions about the sustainability of the company's business model. The Earnings per Share (EPS) has also fallen to Rs 1.03, reflecting a decline in shareholder profitability.

In terms of quarterly performance, net sales showed a growth of 7.50% compared to the previous quarter, which is a decrease from the 12.10% growth seen in December 2024. The consolidated net profit experienced a decline of 29.55% from the previous quarter, contrasting with the 5.56% growth reported in December 2024.

Overall, T.V. Today Network's financial results indicate significant challenges, and the company has seen an adjustment in its evaluation based on these results.