ITV

Category: GECs

  • Zeel seeks shareholder approval to acquire media business of DMCL

    Zeel seeks shareholder approval to acquire media business of DMCL

    MUMBAI: A few months post Zee Media’s amalgamation with Essel Publishers that brought the English newspaper DNA under Zee Media, its sister company Zee Entertainment (ZEEL) has called for a meeting of its shareholders to approve the scheme of arrangement with Diligent Media Corporation’s (DMCL) media business undertaking (MBU).

     

    The notice to shareholders says that the MBU conducts various events on women empowerment, education, automobiles and real estate.  It also consists of a non-news TV channel licence and certain registered intellectual properties for TV formats of various gaming-based shows.

     

    The court convened meeting shall be held on 4 June. The scheme looks at the demerger of the MBU from DMCL and then vesting it with ZEEL. Equity shareholders of DMCL will be given preference shares by ZEEL in the ratio of one preference share of Re 1 of ZEEL for every four equity shares of Rs 10 each held in DMCL. The company says that  2,22,73,886 preference shares shall be issued in all.

     

    Through this business, ZEEL is planning to give an impetus to its event management capabilities. Planned are events and game shows.

     

    The scheme, post approval by shareholders, is subject to the approvals of the central government and the Bombay High Court. All statutory licences, permissions, approvals or consents relating to, vested with and/or held by DMCL will be with ZEEL. All DMCL employees will then be considered as ZEEL employees.

     

    DMCL was formed in 2005 with a 50:50 JV between Essel Group and Dainik Bhaskar Corp (DB). In 2012, Essel Group bought out DB’s 50 per cent stake.

     

    The entire DMCL is now under the two arms of Essel – Zee Media with DNA and Zee Entertainment with the MBU.

  • Zeel shares see demand following RBI approval for FII investment

    Zeel shares see demand following RBI approval for FII investment

    MUMBAI: Interest in the Zee Entertainment Enterprises Limited (Zeel) appears to be rising. The stock witnessed a 52 week high of Rs 301.90 on 21 May 2014 and has been trading in the Rs 270 plus range today, rising Rs 7 plus in today’s trading.

     

    Not only did the company announce healthy results and a 200 per cent dividend on 21 May 2014, it has also got approval from the Reserve Bank of India (RBI)  for Foreign Institutional Investors (FIIs) to invest up to 100 per cent in the company under the portfolio investment scheme on 2 June 2014. The investment limit has been revised from the earlier 49 per cent ceiling. The announcement was made by Zeel through a statement issued to the BSE on yesterday. 

     

    “The said communication is based on the proposal approved by the Board of Directors of the Company on 22 May 2013 and by the shareholders by passing a special resolution at the Annual General Meeting held on 25 July 2013,” stated the release on BSE.

     

    The Reserve Bank, through a press statement said, “The Company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs. The purchases could be made through primary market and through stock exchanges and would be subject to Regulation 5(2) of FEMA Notification No.20/2000 RB dated 3 May 2000 (as amended from time to time) and other terms and conditions stipulated by the Reserve Bank.”

     

    The approval has been given subject to the condition that “the onus of compliance with FDI policy and FEMA regulations including downstream investment would continue to remain on the Indian company, Zeel,” said the RBI in its statement.

     

    The Reserve Bank has notified this under FEMA 1999.

     

    FIIs so far held 48 per cent stake in the company while the promoter and the promoter group’s shareholding was 43 per cent as of March 2013.

     

    Zee Entertainment’s channel portfolio comprises: Zee TV, Zee Cinema, Zee Music, Zee Premiere, ETC, ETC Punjabi, TEN Sports, Zee Studio, Zee Classic and Zee Sports.

     

  • ‘India’s Raw Star’ – Yo Yo Honey Singh begins the hunt for the next music sensation

    ‘India’s Raw Star’ – Yo Yo Honey Singh begins the hunt for the next music sensation

    MUMBAI: Star Plus is all set to team up with the biggest youth icon, Yo Yo Honey Singh for a first of its kind, unconventional singing reality show – India’s Raw Star.  The show that marks Yo Yo Honey Singh’s debut on television will bring in a new visual experience to music, something which has never been seen before in any singing reality show.

     

     Yo Yo Honey Singh will be playing the role of a friend-mentor-judge to all the budding Raw Stars.  He will be seen picking up participants from different parts who with their unique singing, style and performance, will fight it out to become the first ever India’s Raw Star.

     

     Gone are the days of standing in long queues for hours and travelling long distances for auditions.  Talent will now be picked up from across India and households abroad with the help of the digital platform, and success will just be a click away through the first ever exclusive digital auditions.

     

    India’s Raw Star kick started the audition phase of the show by opening its digital platforms for users to upload their audition video. The users have been given an option to upload an entertaining, and performance packed video of them singing on either the India’s Raw Star mobile app, WAP site or on the website. The channel has also released a special audition tutorial video with Yo Yo Honey Singh to explain to viewers the process of uploading an audition entry.

     

    Produced by reality show veteran Gajendra Singh’s – Sai Baba Productions,  India’s Raw Star will be on the lookout for the ultimate performing artist who can create their own inimitable style of singing, and is an all-round performer irrespective of the language of singing or the genre of music. In the show, Yo Yo Honey Singh will specifically look out for talent who are great performers and not necessarily just great playback singers.

     

    Nikhil Madhok, Senior Vice President Marketing & Programming Strategy at Star Plus, said, “Star Plus has always been at the forefront of creating benchmarks . With India’s Raw Star we are trying to create one such benchmark with the way we are conducting auditions for the show, which will be done exclusively on the Digital platform. Not only will this make it easier to for potential participants to audition, it will also enable others to view audition videos online, share them on social and create an online fan community even before the launch of the show. The initial response has been tremendous and we hope to see this grow in the weeks to come.”

     

    India’s youth sensation and icon, Yo Yo Honey Singh will be involved at each step in the journey of making the promising young talent into a Raw Star. “I am looking for talent that is authentic, original and raw! In India’s Raw Star the hunt is for someone who has his or her own style of singing, a non-tampered versatility in his or her style, someone who is as fresh as maa ke haat ka khaana. The singer has to be a performer and has to be someone who is better than me and that is no easy task!” said Yo Yo Honey Singh.

     

    One can log onto www.starplus.in/indiasrawstar via web or mobile phones. Alternatively one can download the India’s Raw Star mobile app. A contestant can participate by submitting his audition video along with the requested details. Below mentioned are the Terms and Conditions for the auditions and process of how to upload one’s video.

  • Sri Adhikari Brothers Television FY-2014 PAT up 4.5 times

    Sri Adhikari Brothers Television FY-2014 PAT up 4.5 times

    BENGALURU: Sri Adhikari Brothers Television Network Limited (SAB TV) reported a 4.5 fold increase in consolidated PAT of Rs 5.52 crore (3.1 per cent of Income from Operations or Op Inc) in FY-2014 from Rs 1.23 crore (0.8 per cent of Op Inc) in FY-2013. SAB TV reported a 11.9 per cent jump in topline for FY-2014 to Rs 180.37 crore from Rs 161.24 crore in FY-2013.

     

    Note:  (1)100,00,000=100 lakh = 1 crore = 10 million.

     

    (2) Annual figures are on a consolidated basis, quarterly figures are standalone.

     

    Let us look at the numbers for FY-2014 reported by SAB TV

     

    On a consolidated basis, the SAB TV group has two business segments – (a) Content Production and Distribution (Content) and (b) Broadcasting.

     

    SAB’s content segment reported revenue of Rs 71.49 crore in FY-2014, up 18.3 per cent as compared to the Rs 60.43 crore in FY-2013. This segment returned a 10.7 per cent improvement in positive result of Rs 7.81 crore (10.9 per cent of segment revenue) in FY-2014 as compared to the Rs 7.06 crore (11.7 per cent of segment revenue) in FY-2013.

     

    SAB’s broadcasting segment reported revenue of Rs 108.89 crore in FY-2014, up 8 per cent as compared to the Rs 100.82 crore in FY-2013. The company’s broadcasting segment returned operating profit of Rs 19.41 crore (17.8 per cent of segment revenue), which was 68.2 per cent more than the Rs 11.54 crore (11.4 per cent of segment revenue) in FY-2013.

     

    SAB has reported total expense of Rs 153.35 crore (85 per cent of Op Inc) in FY-2014, 7.3 per cent more as compared to the Rs 142.95 crore (88.7 per cent of Op Inc) in FY-2013.

     

    SAB TV has reported Production/Direct Expense (Prodn Exp) of Rs 115.29 crore (63.9 per cent of Op Inc) in FY-2014 9.3 per cent more as compared to the Rs 105.44 crore (65.4 per cent of Op Inc) in FY-2013.

     

    The company’s Interest/Finance cost went up 4.5 per cent in FY-2014 to Rs 18.01 crore (10.5 per cent of Op Inc) from Rs 18.14 crore (11.3 per cent of Op Inc) in FY-2013.

     

    The board of directors of the company has recommended a dividend of 60 paise per equity share of Rs 10 each for the financial year 2013-14 subject to the approval of shareholders in the ensuing annual general meeting.

     

    Click here to read full report

  • Star Plus goes for finite fiction on Sundays

    Star Plus goes for finite fiction on Sundays

    MUMBAI: With an overkill of reality shows during weekends on most television channels, Star Plus is taking the road less travelled. The popular GEC will air its existing fiction shows from Monday to Saturday and if sources are to be believed, starting end June or beginning July, it will launch three finite fiction shows to be telecast exclusively on Sundays every week.

    The trio is expected to fill up vacant slots left after Mad in India was pulled off air after it failed to live up to audience and channel’s expectations.

    “Star Plus is known to create content which is different from other offerings. At a time when other channels are focusing on non-fiction properties, we at Star have decided to take a completely different route with finite fiction shows,” a source told this website.

    It is learnt that of the three new shows, the first, produced by Miditech India, revolves round the aviation industry and is tentatively titled Airlines.

    Host of The Great Indian Love Challenge on NDTV Good Times, VJ Yudhishtir aka Yudi, will play the male lead while Mere Yaar Ki Shaadi Hai fame Tulip Joshi, who made her Bollywood debut as Sanjana will be cast as the female lead. Shooting is already said to have started in the capital.

    A la Anil Kapoor’s Hindi version of American series 24 on Colors, Star Plus’ second show will be the desi adaptation of Shonda Rhimes’ hit series Grey’s Anatomy starring Ellen Pompeo, Sandra Oh and Patrick Dempsey. Tentatively titled Hospital, the series will be produced by Endemol.

    The third is Ashutosh Gowariker’s much-hyped show Everest which tells the story of a young girl who wants to prove her mettle to her father by living his dream of scaling the Mount Everest. The shoot took place not so long ago at the Nehru Institute of Mountaineering (NIM). Everest stars Rohan Gandotra who is seen in the new Dermicool ad and Shamata Anchan who appears in the Garnier commercial. The 25 to 30 episode show will have a finite beginning and a finite end, according to the same source.

    In addition to these three shows, rapper-actor Yo Yo Honey Singh of Blue hai paani paani fame will make his small screen debut with a music reality show called India’s Raw Star which aims at tapping raw talent from all corners of India.

    Singh will be seen as judge cum mentor on the show. The promos are already out on the digital platform and feature Singh egging on young singers to think out of the box to get an entry into the show.

    At the time of penning this article, the video uploaded on YouTube had already got more than 55,000 views. The auditions too will be only through digital where contestants will have to shoot their music videos and upload the same on the show’s official website. India’s Raw Star is likely to go on air by end July and will mostly be telecast on Saturday and Sunday.

    Participants can log on to www.starplus.in/indiasrawstar via web or mobile. Alternatively, one can           download the India’s Raw Star mobile app and submit his/her audition video along with the requested details.

    A media planner expressed the view that having finite shows over the weekend is advantageous. “I think this different approach will do well for the channel. Understanding the nature of the audience and their requirement, I think it’s the right step taken by the channel, where others are ruling in the dancing and comedy space. But only worry is the content. It should have a strong reason for making people switch to another channel when they are used to watching dancing and comedy,” he said.

    Click here to watch the promo
  • Life OK launches Baawre!

    Life OK launches Baawre!

    He is a director and she is a singer. He wants to stay in his own city Lucknow and make it big while she wants to tread on the path paved by her father. Nikumbh (Abhishek Rawat) is a successful playwright, a purist who believes in his talent, while Yamini (Vinita Joshi) is a singer whose career has been moulded by her father Raghavendra. She is a part of the very world that Nikumbh despises so much. As fate would have it, Yamini ends up as the heroine in Nikumbh’s play and gets drawn to his talent and ideals, falls in love with him.

    What happens when these two individuals with different dreams and ideologies cross each other’s path? What happens when conflict forms the premise of love in their lives?   Life OK, India’s fastest growing Hindi General Entertainment Channel is all set to launch a love story of these two opposite characters in its new show Baawre chal jahan chalen mann ke paon re.

    The new series also marks the television debut of the acclaimed and hugely popular, Neelesh Misra. He has co-produced the show and will also be seen in it as the ‘sutradhar’ who links and holds the story together. Baawre will give the viewer a never seen before experience of an innovative and creative style of storytelling on Television.

    Commenting on the distinctiveness of the show and the association with Neelesh Misra, Ajit Thakur, General Manager, Life OK says, “Every show that we have launched, we have introduced our audiences to new and fresh concepts and formats by experimenting, innovating and reinventing the wheel at every step. With the launch of Baawre we are redefining the way a love story is told and presented to the viewers. At the centre of the narrative are not just the two protagonists, but for the first time, a ‘sutradhar’ that is essayed by popular storyteller and Bollywood writer Neelesh Misra. We are confident that with our unique approach to storytelling and extremely identifiable characters, we will be able to connect with the audiences strongly.”

     
    The show is produced by Sunshine Productions’ Sudhir Sharma in association with Neelesh Misra. Shot in the city of Nawabs – Lucknow, the show explores the multiple facets of the city that blend perfectly well with the storyline. With a strong line-up of much-admired and celebrated actors like Abhishek Rawat, Vinita Joshi, Akhlaque Khan and many more, the show promises to charm and capture the imagination of the audiences and make them an integral part of Nikumbh and Yamini’s journey every night on Life OK at 7pm and 10 pm, Monday to Friday from 2nd June.

  • MediaPro terminates distribution alliance with NDTV, MCCS, MGM

    MediaPro terminates distribution alliance with NDTV, MCCS, MGM

    MUMBAI: The MediaPro split is known to all. With Star and Zee setting up their affiliate sales teams for their respective channels, a few networks that formed a part of the content aggregator have now been left with no choice but to distribute the channel on its own.

     

    The three year distribution venture split after the Telecom Regulatory Authority of India (TRAI) came out with its regulation on the role of content aggregators. News now is that MediaPro has decided to not renew its distribution deal with New Delhi Television (NDTV) with effect from 1 April 2014.

     

    The content aggregator has also terminated its distribution alliance with   Media Content & Communication Services (MCCS) and MGM programming Service India (MGM) with effect from 16 April 2014.

     

    As a result of this, NDTV (NDTV India, NDTV 24×7, NDTV Good Times and NDTV Profit), MGM (MGM) and MCCS (ABP News, ABP Majha and ABP Ananda) will now distribute their respective channels through their own independent affiliate teams.

  • Star Plus to air Mahabharat in a film format – Draupadi – Ek Agnipariksha

    Star Plus to air Mahabharat in a film format – Draupadi – Ek Agnipariksha

    MUMBAI: Given the immense popularity of the epic – Mahabharat, Star Plus is all set to showcase the great story once again on television. However this time as a film showcased through the lens of one of its greatest characters and perhaps the raison d’etre of Mahabharat – Draupadi. The Maha-movie ‘Draupadi – Ek Agnipariksha’ will narrate Draupadi’s journey of love, sacrifice and dishonour in a three hour film that will air on May 25th at 1.00 PM and 8.00 PM on Star Plus.

     

    Mahabharat, the iconic tale has no dearth of powerful characters! Be it Krishna who acts as the advisor, the legendary warrior Arjun, the cunning Shakuni, the powerful Yudhisthir and many more. But in a story dominated by males is a strong character of Draupadi that symbolizes beauty and grit, she faces the severest humiliation and yet manages to maintain her dignity. Audiences have loved this facet of Draupadi and empathised with her situation thus making it an apt reason for the film to be presented from her perspective prior to the grand war of Kurukshetra.

     

    Talking about the initiative, Nikhil Madhok, Senior Vice President, Marketing & Programming Strategy, Star Plus said, “Mahabharat has a massive fan-following across all age groups, especially the youth. Draupadi has emerged as one of the most loved and followed characters. Since the series is at the commencement of the great Kurukshetra war, we believed it would be a good refresher to take the viewers through Draupadi’s journey and how she was a catalyst for the war. We are positive that the audience will appreciate the film as much as they have enjoyed watching the show. ”

     

    Launched in September last year, Mahabharat produced by Swastik Pictures has aired approximately 193 episodes. The show is consistently ranked among the top shows on Indian television and has garnered positive feedback from all quarters.

     

    Watch the film this May 25th, Sunday at 1.00 PM & 8.00 PM only on Star Plus.

  • Kapil Sharma creates a laugh riot on FB

    Kapil Sharma creates a laugh riot on FB

    MUMBAI: The hugely popular laugh riot has now gone beyond making a mark on television. We’re talking of Colors’ top-rated non-fiction show Comedy Nights with Kapil (CNWK) which on the eve of 22 May registered a record 10 million fans on facebook.

    Launched soon after CNWK’s on-air launch in July 2013, the show’s facebook page has seen phenomenal growth with over 80,000 fans getting added every 24 hours.

     In the words of Kapil Sharma, creator-producer-host of CNWK, his hobby of making people laugh has grown into flourishing content on TV and social media. “Though we keep hearing people saying how much they love our show but to see it in a number as big as 10 million sends out a loud message to us. In successful collaboration with the Colors team and with continued support from our fans, my little hobby of making people laugh has grown into a flourishing content on television, one that I will strive harder to better even further,” says an elated Sharma.

    The show has a strong male skew with 70 per cent of fans being men and 41 per cent of overall fans being men aged 18 to 24 years. Be it posters of Sharma or other characters like Palak and Didi or typical Sharma jokes or wisecracks by his wacky on-screen family, these get shared about 10,000 times and generate more than 1.5 lakh likes.

    Ask him about the show’s digital strategy and Colors digital head Vivek Srivastava says: “The strategy has largely evolved around engagement. We used jokes and contests for creating engagement with digital audiences. It’s a tough battle because the show comes twice a week and the page has to be decked up every day. So therefore, even if you have to update the page once a day, it must be relevant and engaging every day and make sense day after day.”

    Social media is handled by an in-house team of four members, he informs.

     Replying to a question about what has clicked with Facebook followers, Srivastava answers: “From a content stand point, we have really tried to explore relationships and get humor out of different situations. So whether it was a mother and son relationship, husband and wife relationship or servant and master relationship, we have taken humour to a completely new level.”

    To mark the occasion and ensure even greater participation, the channel had started a contest which starts with the question, ‘Want to be a part of the ’10 Million Likes’ celebration on Comedy Nights with Kapil?, egging on fans to mail their best photographs to colorstv.fans@gmail.com to see themselves on the cover picture of the CNWK facebook page.

    Colors had also created a countdown app which got activated the moment the facebook page hit 9900,000 fans. Upon crossing the 10 million mark, video messages by Kapil, Palak, Daadi, Sumona and Navjyot Singh Sidhu were posted to acknowledge the undying love of CNWK fans across the globe which made this achievement possible.

    “Our heartfelt thanks to everyone who ‘likes’ our page and shares our content with their friends. It’s a signal of approval from the viewers on social media all across the globe that we are creating a product which people love to watch not only on TV but also consume it on other digital platforms like Facebook, Twitter, YouTube and mobile apps,” says Sharma.

    While on other digital platforms, on YouTube, CNWK is the most popular show on Colors since it was first launched with a single episode of the show posted on YouTube receiving about 1.8 million views on an average. On Twitter, most key characters like Sharma, Kiku Sharda (Palak) and Sidhu have witnessed a phenomenal increase in number of followers since the launch of the show. CNWK itself has 1 lakh followers on Twitter. The CNWK mobile application witnesses an average of 1.5 lakh downloads every month, enabling consumption of not only full episodes but also episodic mini-clips.

    While 10 million fans implies that CNWK is popular not only across the Indian subcontinent but also around the world, what is next on the cards?

     “The special thing would be to keep the momentum on and obviously goals will differ. Today, we are at 10 million; hopefully, we will aim for 20 million. So it is not really about the number of fans but engagement. As long as engagement levels are high, we think we would have done the job. As long as we keep entertaining the viewers, these milestones will automatically come through,” concludes Srivastava.

  • ZMCL reports growth in ad, subscription revenue by 9, 18 per cent in FY-2014

    ZMCL reports growth in ad, subscription revenue by 9, 18 per cent in FY-2014

    BENGALURU: Zee Media Corporation Limited (ZMCL), the erstwhile Zee News Limited, reported advertising (ad) revenue of Rs 220.51 crore in FY-2014, 9.2 per cent more than FY-2013. The company also reported an 18.5 per cent growth in subscription revenue to Rs 99.9 crore in FY-2014.

     

    ZMCL total income from operations in FY-2014 at Rs 335.16 crore was 10.32 per cent more than the Rs 303.82 crore in FY-2013. The company’s total income from operations in Q4-2014 at Rs 82.78 crore was (-9.72) per cent lower than the Rs 91.69 crore in Q3-2014 and 4.69 per cent more than the Rs 79.07 crore in Q4-2013.

     

    Let us look at the other numbers reported by ZMCL for FY-2014 and Q4-2014

     

     

    ZMCL PAT for FY-2014 at Rs 18.93 crore (5.65 per cent of income from operations) was (-21.67) per cent lower than the Rs 24.17 crore (7.95 per cent of income from operations) in the previous fiscal.  The company reported PAT of Rs 4.11 crore (4.97 per cent of income from operations) in Q4-2014, which was (-30.52) per cent lower than the Rs 5.92 crore (6.45 per cent of income from operations) in the immediate trailing quarter and (-40.16) per cent lower than the Rs 6.87 crore (8.69 per cent of income from operations) during the year ago quarter Q4-2013.

     

    Other income during FY-2014 at Rs 20.81 crore was (-11.7) per cent lower than the Rs 23.58 crore in FY-2013.

     

    The company has suffered operational loss in Q4-2014. Other income of Rs 9.70 crore which includes dividends of Rs 3.60 crore and Rs 4.80 crore from ZMCL’s subsidiary companies as well as exceptional item of Rs 5.98 crore and a negative tax expense of Rs 2.01 crore has resulted in a PAT of Rs 4.11 crore mentioned above in Q4-2014.

     

    The company’s total expense for FY-2014 at Rs 325.76 crore (97.19 per cent of income from operations) was 17.08 per cent more than the Rs 278.23 crore (91.58 per cent of income from operations) in FY-2013. In Q4-2014, total expense at Rs 93.09 crore (112.47 per cent of income from operations) was 12.67 per cent more than the Rs 81.30 crore (88.67 per cent of income from operations) in the immediate trailing quarter and 19.28 per cent more than the Rs78.05 crore in Q4-2013.

     

    ZMCL’s operational cost at Rs 66.13 crore (19.73 per cent of income from operations) in FY-2014 was 24.86 per cent more than the Rs 52.96 crore (17.43 per cent of income from operations) in FY-2013. The company’s operational costs in Q4-2014 at Rs 20.28 crore (24.5 per cent of income from operations) in Q4-2014 was 23.8 per cent more than the Rs16.38 crore (17.86 per cent of income from operations) in Q3-2014 and 43.34 per cent more than the Rs14.15 crore (17.89 per cent of Income from Operations) in Q4-2013.

     

    ZMCL reported a 11.49 per cent increase in Employee Benefit Expense (EBE) in FY-2014 at Rs 99.1 crore (29.57 per cent of Income from Operations) as compared to the Rs 87.71 crore (28.87 per cent of Income from Operations) in FY-2013. The company’s EBE dropped (-3.56) per cent in Q4-2014 to Rs 25.13 crore (30.36 per cent of Income from Operations) from Rs 26.06 crore (28.42 per cent of Income from Operations) in Q3-2014 and was 8.31 per cent more than the Rs 23.2 crore (29.35 per cent of Income from Operations) in Q4-2013.

     

    Other expense in FY-2014 at Rs82.82 crore (24.71 per cent of Income from Operations) was 38.17 per cent more than the Rs 59.94 crore (19.73 per cent of Income from Operations) in FY-2013. The company’s Q4-2014 other expense at Rs27.83 crore (33.62 per cent of Income from Operations) was 44.97 per cent higher than the Rs19.2 crore (20.94 per cent of Income from Operations) in Q3-2014 and 30.64 per cent more than the Rs 21.31 crore (26.95 per cent of Income from Operations) in Q4-2013.