GECs
Q1-2014: DQE International continues profitable run
BENGALURU: The Tapas Chakravarti (he’s the CMD and CEO) led, Hyderabad based DQ Entertainment (International) Ltd, (DQE) continued its profitable run in Q1-2014.
DQE had reported loss for Q1-2013 of Rs 9.2 crore. It reported profit of Rs 14 crore in Q3-2013 followed by a profit of Rs 23.3 crore in Q4-2013. DQE’s net profit for FY-2013 was Rs 37.3 crore. As of June 2013 (Q1-2014), DQE had recorded a net consolidated profit of Rs 6.6 crore.
The company says that its revenue and profitability has a clear seasonal pattern, similar to that of the rest of the global animation industry, wherein almost 60 per cent of the annual revenue is achieved in the third and fourth quarter of the financial year and these results are in line with that trend.
DQE is a global player in the creation, production, distribution, licensing and marketing of various forms of entertainment. The company is a major player in the country in animation production capacity for television, feature films, home video, online game art, visual effects, mobile and next generation console games.
Let us take a look at DQE’s other figures for Q1-2014
DQE’s consolidated net income from operations of Rs 30.43 crore in Q1-2014 was 1.64 per cent lower than the Rs 30.93 crore for Q1-2013 and a little more than a third (34.4 per cent) of the Rs 88.54 crore for Q4-2013.
In Q1-2014, DQE had suffered a foreign exchange loss of Rs 18.4 crore, in Q1-2013, this loss was lower at Rs 5.94 crore, while in Q4-2013, it had a gain of Rs 4.3 crore on account of foreign exchange.
DQE’s total expense for Q1-2014 at Rs 18.9 crore was more than half (51.7 per cent) of Rs 36.56 crore in Q1-2013 and less than a third (31.9 per cent) of the Rs 59.26 crore in Q4-2013.
DQE’s production expense in Q1-2014 at Rs 1.65 crore was a little more than a third (36.7 per cent) of the expense of Rs 4.5 crore in Q1-2013 and almost a quarter (25.24 per cent) of the Rs 6.53 crore in Q4-2013.
DQE’s employee expense at Rs 20.22 crore for Q1-2014 was 15.1 per cent lower than the Rs 23.81 crore in Q1-2013 and just 0.75 per cent lower than the Rs 20.38 crore in Q4-2013.
DQE’s animation segment reported consolidated revenue of Rs 27.57 crore in Q1-2014, lower by 1.8 per cent as compared to the Rs 28.08 crore in Q1-2013, and a little more than a third (35.22 per cent) of the revenue of Rs 78.28 crore in Q4-2013.
DQE’s animation business had revenue of Rs 182.01 crore for FY-2013.
Capital employed for the animation segment at Rs 192.80 crore for Q1-2014 was 42.3 per cent more than the Rs 135.50 crore for Q1-2013 and 17.5 per cent more than the Rs 164.05 crore for Q4-2013.
In its Q2-2013, DQE had said that it expected its distribution business to deliver significant net cash flows from FY-14 onwards. This has not happened in Q1-2014. Results from this segment were Rs (-1.859) crore in Q1-2014, Rs (-1.884) crore for Q1-2012 and Rs (-9.482 crore in Q4-2013. For FY-2013, DQE’s segment result from Distribution was Rs 12 crore.
Revenue from DQE’s distribution business in Q1-2014 at Rs 2.852 crore, was almost flat as compared to the Rs 2.847 crore for Q1-2013 and a little more than a fourth (27.8 per cent) of the Rs 10.26 crore in Q4-2013. Given the fact that DQE’s overall business has seasonal patterns, this segment could show results as per the company’s expectations during the rest of the quarters of FY-2014.
Capital employed for distribution for Q1-2014 at Rs 244.56 crore was 35.2 per cent less than the Rs 377.28 crore in Q1-2013 and 1.7 per cent more than the Rs 240.33 crore in Q4-2013.
Chakravarti said, “The macroeconomic environment in some markets, especially in Europe and Canada, remains very challenging even in the children’s entertainment business. There is however a definitive improvement in the US Animation and children’s entertainment segment where considerable effort is being paid by us to further enhance our footprint.”
“Our core business fundamentals remain sound with a strong current order book, to be executed over the next 2-3 years Our business is global and we have had particular success in TV and Home Video distribution, licensing, merchandising and publishing for brands like The Jungle Book and Peter Pan, as well as for many other properties such as Iron Man, Casper, Charlie Chaplin, Tara Duncan and Little Prince.”
“We are in the process of rescheduling DQE India’s working capital facilities necessary to execute our new order pipeline and complete production and delivery of high brand equity properties such as The Jungle Book – series II, Peter Pan – series II, 5 Children & IT- series I, Lassie – series I, Little Prince – series III, Robin Hood – series I, besides several other productions”, informed Chakravarti.
“We have given a special focus to strengthening our balance sheet by putting an extraordinary effort into the collection of receivables from our clients and partners, which will further improving our working capital position.
I remain cautiously optimistic that we will end the fiscal year in a satisfactory position as planned,” Chakravarti said.
GECs
Sun TV posts steady revenue, profit dips amid rising costs
CHENNAI: It appears there is still plenty of Sun to go around in the Indian broadcasting landscape, even if a few clouds have drifted across the financial horizon. Sun TV Network Limited, the Chennai-based behemoth that dominates airwaves across seven languages, has tuned into a steady frequency for the quarter ending 31 December 2025. While the numbers show a resilient revenue stream, the company’s latest broadcast reveals a few static-filled spots in its profit margins.
For the quarter in question, Sun TV’s total income climbed by approximately 3.31 per cent, reaching Rs 958.39 crores compared to Rs 927.66 crores in the same period last year. Revenue from operations also saw a healthy bump, rising 4.32 per cent to Rs 827.87 crores.
The real star of the show, however, was domestic subscription revenue, which surged by 8.86 per cent to Rs 472.99 crores. This growth highlights the enduring appetite for Sun’s diverse content, which spans everything from daily soaps in Tamil and Telugu to its burgeoning OTT platform, Sun NXT.
Despite the revenue growth, the picture quality of the profits was slightly blurred by rising costs. Eitda for the quarter stood at Rs 409.79 crores, a dip from the Rs 432.14 crores recorded in the corresponding 2024 quarter.
The profit after tax followed a similar downward trend, settling at Rs 316.44 crores against the previous year’s Rs 347.17 crores. Advertisers also seemed to have switched channels slightly, with advertisement revenues sliding to Rs 291.94 crores from Rs 332.17 crores.
Sun TV isn’t just playing on home turf; its sporting ambitions are becoming increasingly global. The network now owns three major cricket franchises: SunRisers Hyderabad in the IPL, SunRisers Eastern Cape in SA20, and SunRisers Leeds Limited in The Hundred (UK).
The foray into British cricket saw the company acquire a 100 per cent stake in Northern Superchargers Limited (now SunRisers Leeds) for approximately £100 million. While these franchises brought in Rs 14.61 crores this quarter, they also incurred corresponding costs of Rs 19.89 crores. Over the nine-month period, however, the cricket business is a major player, contributing Rs 487.64 crores in income.
The company’s bottom line took a minor hit from exceptional items, including a Rs 4.23 crore charge related to India’s new Labour Codes, which consolidated 29 existing labour laws. Additionally, the consolidated results reflect the amalgamation of Kal Radio Limited with Udaya FM, a move that became effective in May 2025 and required a restatement of previous figures.
To keep investors from reaching for the remote, the Board has declared an interim dividend of 50 per cent, that’s Rs 2.50 per equity share. This comes on top of earlier dividends of 100 per cent (Rs 5.00) and 75 per cent (Rs 3.75) declared in August and November 2025, respectively.
With a massive cash reserve and a dominant position in the South Indian market, Sun TV continues to shine, even if the current quarter required a bit of fine-tuning. For now, shareholders can sit back, relax, and enjoy the show.
GECs
SPNI hires Pradeep M with responsibility for standards and practices in the south
MUMBAI: Sony Pictures Networks India has hired Pradeep M to handle standards and practices for its southern market, bolstering its compliance bench as content rules tighten across platforms.
Pradeep, who has nearly 13 years in the entertainment media industry, takes on responsibility for content standards in a region that is both linguistically diverse and regulatorily sensitive. His brief spans television, OTT, sports and digital platforms.
He specialises in content review and compliance across shows, commercials, on-air promotions and international feeds, ensuring alignment with broadcast, OTT and advertising codes. He has also handled brand approvals and sponsorship integrations for heavily regulated categories—including online gaming, cryptocurrency, NFTs and lottery brands—offering guidance shaped by fast-evolving rules.
Before Sony, Pradeep worked at Jiostar as assistant manager for content regulation from November 2024 to January 2026. Earlier, he spent nearly seven years at Viacom18 Media, rising from senior executive to assistant manager in content regulation between 2018 and 2024. There he served as a key compliance touchpoint for the network.
His career began on the creative side. Between 2013 and 2018, he worked as executive producer on feature films and television shows, gaining hands-on exposure to production. He also had a stint as a non-fiction show director at Star TV Network in 2017. That mix of creative and regulatory experience gives him a dual lens—how content is made and how it must be managed.
As regulators, platforms and advertisers all tighten the screws, broadcasters are investing more in gatekeepers who can keep creativity within the lines. Sony’s latest hire shows where the industry is heading: in the streaming age, compliance is content’s quiet co-star.
GECs
Colors Gujarati rolls out two new shows from 2nd February
MUMBAI: Colors Gujarati has unveiled two new prime-time shows as part of its push to strengthen culturally rooted storytelling for regional audiences. The channel will premiere the devotional saga Gangasati–Paanbai at 7.30 pm, followed by the romantic family drama Manmelo at 9.30 pm from February 2.
Inspired by Gujarat’s spiritual and literary heritage, Gangasati–Paanbai: Shyam Dhun No Navo Adhyay draws from the timeless bhajans and poetry of saint-poetesses Gangasati and Paanbai, weaving devotion and human values into a contemporary narrative aimed at younger viewers.
In contrast, Manmelo explores love and responsibility across social divides, tracing the lives of three middle-class sisters whose relationships with three affluent brothers reshape their futures. The show delves into ambition, emotional conflict and the realities of married life, offering a layered family drama.
A Colors Gujarati spokesperson said the new launches reflect the channel’s commitment to authentic Gujarati entertainment that blends cultural values with modern storytelling.
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