Sea TV Network Ltd Q4FY23 net profit rises to Rs. 2.34 crore

SEA TV NETWORK LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 5.8725 crores during the period ended March 31, 2023 as compared to Rs. 2.7625 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 2.3441 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -1.3021 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.95 for the period ended March 31, 2023 as compared to Rs. -1.08 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹5.8725 crs	₹2.7625 crs	112.58%
Net Profit	₹2.3441 crs	₹-1.3021 crs	280.02%
EPS	₹1.95	₹-1.08	280.56%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.5.8725 crores during the period ended March 31, 2023 as compared to Rs.2.6408 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.3441 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-0.4548 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.95 for the period ended March 31, 2023 as compared to Rs.-0.38 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹5.8725 crs	₹2.6408 crs	122.38%
Net Profit	₹2.3441 crs	₹-0.4548 crs	615.41%
EPS	₹1.95	₹-0.38	613.16%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.14.0223 crores during the Financial Year ended March 31, 2023 as compared to Rs.10.9620 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-0.8303 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-3.3933 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-0.69 for the Financial Year ended March 31, 2023 as compared to Rs.-2.82 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹14.0223 crs	₹10.9620 crs	27.92%
Net Profit	₹-0.8303 crs	₹-3.3933 crs	75.53%
EPS	₹-0.69	₹-2.82	75.53%

Shares of SEA TV NETWORK LTD. was last trading in BSE at Rs. 2.89 as compared to the previous close of Rs. 3.04. The total number of shares traded during the day was 1806 in over 9 trades.

The stock hit an intraday high of Rs. 2.90 and intraday low of 2.89. The net turnover during the day was Rs. 5224.00.

Source : Equity Bulls

Keywords

SeaTVNetwork Q4FY23 FY2023 ResultUpdate