NDTV Reports Highest Quarterly Sales Amid Declining Profitability and Rising Debt Concerns

New Delhi Television (NDTV) has recently reported its financial results for the quarter ending December 2024, revealing a complex picture of performance within the TV Broadcasting & Software industry. The company has experienced a notable adjustment in its evaluation, with its score shifting to -19 from -23 over the past three months.
On a positive note, NDTV achieved its highest quarterly net sales in the last five quarters, reaching Rs 132.74 crore, which reflects a year-on-year growth of 35.52%. This indicates a favorable near-term sales trend. However, the company is facing significant challenges, particularly in profitability metrics. Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) have both shown substantial declines, with PBT at Rs -55.30 crore and PAT at Rs -55.69 crore, marking severe year-on-year downturns.

Additionally, NDTV's interest expenses have risen, reaching Rs 5.57 crore, the highest in the last five quarters, suggesting increased borrowing. The company's earnings per share (EPS) have also hit a low of Rs -8.64, indicating declining profitability. Furthermore, NDTV's cash and cash equivalents are at their lowest in six half-yearly periods, and its debt-equity ratio has reached 1.34 times, highlighting a stressed liquidity situation.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.