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Tag: audio products

  • Enhance Rakshabandhan with Audio-Technica’s remarkable audio gifts

    Enhance Rakshabandhan with Audio-Technica’s remarkable audio gifts

    Mumbai: Rakshabandhan, a cherished occasion celebrating the unique bond between siblings, is just around the corner. This year, make it truly special with Audio-Technica’s remarkable range of audio products, carefully curated to be the perfect gifts for this auspicious day.

    Audio-Technica has something extraordinary to offer regardless of your sibling’s interests or preferences. From music enthusiasts to vinyl collectors and those who simply appreciate top-notch sound quality, our collection covers it all.

    1. ATH-SQ1TW wireless earbuds: Your sibling a busy professional or a fitness enthusiast? Then these wireless earbuds are the ultimate choice. With Qualcomm aptX audio and bluetooth 5.0, they combine style, comfort, and exceptional sound. Enjoy an impressive 28 hours of listening time with outstanding audio performance. Available on Amazon India for just Rs. 7,490.

    2. ATH-M50xBT2 over-ear headphones: Designed for discerning ears and music creators, these headphones retain the signature sound of the original ATH-M50x studio headphones. With dual microphones and beamforming technology, they ensure crystal-clear communication. The built-in voice command, multipoint bluetooth pairing, a 50-hour battery life, fast charging via USB-C, low-latency mode, and compatibility with high-quality audio codecs make them one of the most versatile headphones on the block. Available on Amazon India for Rs. 19,990.

    3. AT-LP120XUSB direct-drive turntable: Designed for professional and home use, this direct-drive turntable is an upgrade to the acclaimed AT-LP120-USB. It features a range of enhancements, including a new DC servo direct-drive motor and adjustable dynamic anti-skate control, ensuring exceptional performance. With a precision aluminium platter and USB output for digital archiving of vinyl records, it’s a music lover’s dream. Available on Amazon for Rs. 56,990.

    Celebrate siblingship with Audio-Technica: make this Rakshabandhan truly unforgettable by celebrating the bond of siblingship with Audio-Technica. Our exceptional audio gifts will express your love and appreciation like never before, making this Rakshabandhan special for your beloved siblings. Visit Amazon India to explore these extraordinary products and create cherished memories together.

  • Q3-2016: Tips YoY Audio Products sales up 62%

    Q3-2016: Tips YoY Audio Products sales up 62%

    BENGALURU: Tips Industries Limited (Tips) reported a 62.4 per cent growth in its Audio Products Sales to Rs 9.71 core (68.3 per cent of Total Income from Operations or TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) as compared to the Rs 5.98 crore (100 per cent of TIO) in Q3-2015. QoQ, Audio Product Sales grew 7.8 per cent from Rs 9.01 crore (75 per cent of TIO).

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

    Tips reported standalone TIO of Rs 14.21 in the current quarter, 2.4 times the TIO of Rs 5.98 crore in the corresponding prior year quarter and 18.4 per cent higher QoQ as compared to Rs 12.01 crore.

    The company reported profit after tax (PAT) of Rs 1.85 crore (13 per cent margin) in Q3-2016 as compared a loss of Rs 3.08 crore in Q3-2015 and 16.5 per cent higher than the profit of Rs 1.59 crore (13.2 per cent margin) in Q2-2016.

    Segment numbers

    The company’s Audio Production Sales/Income segment reported 82.4 per cent YoY higher operating profit of Rs 8.34 crore as compared to an operating profit of Rs 4.57 crore in Q3-2015 and an operating profit of Rs 7.91 crore in Q2-2016.

    Tips Film Production/Distribution (Production) segment reported revenue of Rs 4.5 crore (31.7 per cent of TIO) as compared to NIL in Q3-2015 and Rs 3 crore (25 per cent of TIO) in Q2-2013.

    Tips Production segment reported operating loss of Rs 0.33 crore in the current quarter as compared to a loss of Rs 3.45 crore in Q3-2015 and a loss of Rs 0.88 crore in the immediate trailing quarter.

    Let us look at the other numbers reported by Tips

    The company’s simple EBIDTA calculated without considering other income in the current quarter Rs 5.36 crore (37.7 per cent margin) as compared to negative EBIDTA Of Rs 0.83 crore and positive EBIDTA of Rs 4.86 crore (40.5 per cent margin) in Q2-2016.

    The company’s Total Expenses in the current quarter increased 27.5 per cent YoY to Rs 9.23 crore (64.9 per cent of TIO) as compared to Rs 7.23 crore (121 per cent of TIO) and was 21.9 per cent higher QoQ as compared to Rs 7.57 crore (63 per cent of TIO) in Q2-2016.

    Tips cost of production/distribution of films in Q3-2016 increased 46.6 per cent YoY to Rs 4.37 crore (30.8 per cent of TIO) from Rs 2.98 crore (49.9 per cent of TIO) and increased 32.2 per cent QoQ as compared to Rs 3.31 crore (27.6 per cent of TIO) in the immediate trailing quarter.

    The company’s finance costs in Q3-2016 at Rs 3.01 crore (21.2 per cent of TIO) was flat YoY at 3.01 crore (50.4 per cent of TIO), but declined nine per cent QoQ as compared to Rs 3.31 crore (27.6 per cent of TIO).

    Employee Benefit Expense in the current quarter at Rs 1.53 crore (10.7 per cent of TIO) increased 2.5 per cent YoY as compared to Rs 1.49 crore (24.9 per cent of TIO) and was 8.5 per cent higher QoQ as compared to Rs 1.41 crore (11.7 per cent of TIO) in the immediate trailing quarter.

  • Q3-2016: Tips YoY Audio Products sales up 62%

    Q3-2016: Tips YoY Audio Products sales up 62%

    BENGALURU: Tips Industries Limited (Tips) reported a 62.4 per cent growth in its Audio Products Sales to Rs 9.71 core (68.3 per cent of Total Income from Operations or TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) as compared to the Rs 5.98 crore (100 per cent of TIO) in Q3-2015. QoQ, Audio Product Sales grew 7.8 per cent from Rs 9.01 crore (75 per cent of TIO).

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

    Tips reported standalone TIO of Rs 14.21 in the current quarter, 2.4 times the TIO of Rs 5.98 crore in the corresponding prior year quarter and 18.4 per cent higher QoQ as compared to Rs 12.01 crore.

    The company reported profit after tax (PAT) of Rs 1.85 crore (13 per cent margin) in Q3-2016 as compared a loss of Rs 3.08 crore in Q3-2015 and 16.5 per cent higher than the profit of Rs 1.59 crore (13.2 per cent margin) in Q2-2016.

    Segment numbers

    The company’s Audio Production Sales/Income segment reported 82.4 per cent YoY higher operating profit of Rs 8.34 crore as compared to an operating profit of Rs 4.57 crore in Q3-2015 and an operating profit of Rs 7.91 crore in Q2-2016.

    Tips Film Production/Distribution (Production) segment reported revenue of Rs 4.5 crore (31.7 per cent of TIO) as compared to NIL in Q3-2015 and Rs 3 crore (25 per cent of TIO) in Q2-2013.

    Tips Production segment reported operating loss of Rs 0.33 crore in the current quarter as compared to a loss of Rs 3.45 crore in Q3-2015 and a loss of Rs 0.88 crore in the immediate trailing quarter.

    Let us look at the other numbers reported by Tips

    The company’s simple EBIDTA calculated without considering other income in the current quarter Rs 5.36 crore (37.7 per cent margin) as compared to negative EBIDTA Of Rs 0.83 crore and positive EBIDTA of Rs 4.86 crore (40.5 per cent margin) in Q2-2016.

    The company’s Total Expenses in the current quarter increased 27.5 per cent YoY to Rs 9.23 crore (64.9 per cent of TIO) as compared to Rs 7.23 crore (121 per cent of TIO) and was 21.9 per cent higher QoQ as compared to Rs 7.57 crore (63 per cent of TIO) in Q2-2016.

    Tips cost of production/distribution of films in Q3-2016 increased 46.6 per cent YoY to Rs 4.37 crore (30.8 per cent of TIO) from Rs 2.98 crore (49.9 per cent of TIO) and increased 32.2 per cent QoQ as compared to Rs 3.31 crore (27.6 per cent of TIO) in the immediate trailing quarter.

    The company’s finance costs in Q3-2016 at Rs 3.01 crore (21.2 per cent of TIO) was flat YoY at 3.01 crore (50.4 per cent of TIO), but declined nine per cent QoQ as compared to Rs 3.31 crore (27.6 per cent of TIO).

    Employee Benefit Expense in the current quarter at Rs 1.53 crore (10.7 per cent of TIO) increased 2.5 per cent YoY as compared to Rs 1.49 crore (24.9 per cent of TIO) and was 8.5 per cent higher QoQ as compared to Rs 1.41 crore (11.7 per cent of TIO) in the immediate trailing quarter.