Quadrant Televentures Q1 Results Revenue Declines 2.48% QoQ and 10.89% YoY

Quadrant Televentures Growth Comparison

Quadrant Televentures Q1 Results: In the Q1 financial results for Quadrant Televentures, the company saw a decline in total revenue, which dropped to ₹63.10 crores from ₹75.84 crores in the previous quarter and was lower compared to ₹70.81 crores in the same quarter last year. The company's spending on selling, general, and administrative expenses also decreased slightly from ₹27.01 crores to ₹25.89 crores compared to the previous quarter but was a bit higher than last year’s ₹25.35 crores. 

Quadrant Televentures’ Depreciation and amortization costs went down from ₹5.46 crores to ₹5.03 crores quarter-over-quarter and were lower than ₹5.37 crores from the same quarter last year. However, other operating expenses increased by 9.32% from ₹4.74 crores to ₹4.77 crores, though this was lower compared to the ₹5.44 crores spent last year.

Quadrant Televentures’ total operating expenses dropped significantly from ₹74.94 crores to ₹60.03 crores quarter-over-quarter and also decreased from ₹66.87 crores year-over-year. The company’s operating income improved to ₹3.07 crores from ₹0.90 crores last quarter but was down from ₹3.94 crores a year ago. 

Quadrant Televentures’ Net income remained negative at -₹30.10 crores, worsening compared to -₹28.81 crores last quarter and -₹26.85 crores a year ago. The diluted normalized earnings per share (EPS) decreased to -₹0.49 from -₹0.48 last quarter but was up from -₹0.44 a year ago.

Here's the Q1 financial results for Quadrant Televentures:

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Quadrant Televentures Q1 Results

Quadrant Televentures has released its financial results for the quarter ending June 30, 2024. The company made 6,309.92 lakh rupees from its operations during this period, which is a bit lower than the 7,081.17 lakh rupees earned in the same quarter last year. Other income for this quarter was 49 lakh rupees, compared to 148.61 lakh rupees in the previous year. The total income, combining both operational revenue and other income, was 6,358.92 lakh rupees, less than the 7,229.78 lakh rupees earned in the same quarter last year.

Quadrant Televentures’ expenses totaled 9,368.63 lakh rupees this quarter, which is higher than the 9,915.25 lakh rupees spent last year. Major expenses included employee benefits, finance costs, depreciation, network operating costs, sales and marketing expenses, and other costs. 

Quadrant Televentures’ was a loss of 3,009.71 lakh rupees before taxes, compared to a loss of 2,685.47 lakh rupees in the previous year. The company’s overall comprehensive loss, which includes some additional costs, was 3,019.68 lakh rupees. The company’s earnings per share were negative, at (0.49) rupees.

Here is the unaudited financial statement for Quadrant Televentures for the quarter ended June 30, 2024, presented in a simplified table format:

Quadrant Televentures Stock Metrics

Quadrant Televentures is a company with a market capitalization of ₹128 Crores, meaning that's the total value of its shares. The current stock price is ₹2.09, with the highest price it’s reached being ₹3.06 and the lowest being ₹0.96. The company's book value per share is ₹-40.8, indicating negative equity, which means its liabilities exceed its assets. The stock does not pay dividends, as the dividend yield is 0.00%. The face value of each share is ₹1.00.

Here’s a simplified summary of the market data for the stock:

Quarterly Results 

The table for Quadrant Televentures shows their financial performance over several quarters. For December 2023, March 2024, and June 2024, we see the company's sales, expenses, and profits. In December 2023, their sales were 65 crores, and expenses were 55 crores, leading to a profit of 10 crores. The Operating Profit Margin (OPM) was 15%. By March 2024, sales remained the same, but expenses increased to 62 crores, reducing the operating profit to 3 crores and lowering the OPM to 5%. 

Here's the data for December 2023, March 2024, and June 2024: 

(Standalone Figures in Rs. Crores)

About Quadrant Televentures 

Quadrant Televentures is a company with a rich history and diverse operations. It was originally founded as Investment Trust of India in 1946, based in Chennai. The company started by investing in shares, debentures, and various loans, including municipal and government bonds. Over the years, it expanded its services to include hire-purchases, equipment leasing, and mortgage loans. 

In 1978 and 1979, it issued additional shares to raise funds. By 1982, it issued 300,000 rights equity shares. In the late 1980s and early 1990s, the company made significant moves, including issuing bonus shares and applying to the Securities and Exchange Board of India (SEBI) to start a mutual fund.

Quadrant Televentures continued to grow and adapt, obtaining approval to act as category-1 Merchant Bankers in 1992. In 1994, it issued a large number of shares on a rights basis. By 2000, it entered the digital age by offering dematerialized shares. In 2002, it sold its holdings in Pioneer ITI to Templeton. The company underwent several name and office relocations, finally changing its name to Quadrant Televentures in 2010 and moving its registered office to Aurangabad.