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Tag: Cable Distribution Network

  • Q3-17: Den Networks reports higher ARPUs, subscription revenue & operating profits

    Q3-17: Den Networks reports higher ARPUs, subscription revenue & operating profits

    BENGALURU: Following the 26.7 percent year-over-year (y-o-y) increase in the previous quarter, multiple-systems operator (MSO) Den Networks Limited (Den) reported 29.7 percent y-o-y increase in consolidated Total Income from operations (TIO) for the quarter ended December 31, 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter (Q3-16). The company also reported a 75.1 percent quarter-over quarter (q-o-q) increase in consolidated operating profit (EBIDTA) to Rs 50.34 crore (18.7 percent margin) from Rs 28.75 crore (10.6 percent margin) in the current quarter. In the corresponding year ago quarter Den had reported an operating loss (negative EBIDTA) of Rs 39.56 crore. Den’s TIO for the current quarter was Rs 298.83 crore as compared to Rs 230.39 crore in Q3-16. EBIDTA including other income was Rs 62.60 crore (22.3 percent margin of TIO) in Q3-17 as opposed to an operating loss (including other income) of Rs 27.03 crore in Q3-16.

    Further the company reported lower losses for the current quarter as compared to the corresponding year ago quarter. Net loss after tax (PAT) reduced to Rs 45.19 crore in Q3-17 as compared to a loss of Rs 87.39 crore in Q3-16. Total Comprehensive Income (TCI) improved to a negative Rs 44.39 crore in Q3-17 as compared a negative Rs 87.18 crore in Q3-16.

    Said DEN Networks CEO SN Sharma: “The company continues to improve on cable subscription billing on a quarter on quarter basis. ARPU (including taxes) for DAS 1, 2 and 3 markets stood at Rs 125, Rs. 95 and Rs. 64 per box respectively which reflects on improvement of 11 per cent , 6 per cent and 23 per cent respectively on Q-o-Q basis , with a strong collection efficiency at 95 per cent .”

    Sharma also announced that DEN has  achieved break even in the company’s broadband business for the full quarter despite telecom launches and freebies offered by the big players.

    Segment numbers

    The company has two operating segments that contribute to revenue for now– Cable Distribution Network (Cable) and Broadband (brand Boomband). Both segments reported improved operating numbers. Its third segment – the soccer segment has no revenue as of now. The segment has neither income nor result for the current quarter. That’s because the company is gradually exiting from the business and has divested almost 80 per cent of its equity in the team.

    Cable segment reported 35.4 percent growth in operating revenue in Q3-17 at Rs 277.36 crore as compared to Rs 204.84 crore in Q3-16. The segment’s operating loss in the current quarter improved significantly to Rs 11.68 crore as compared to higher operating loss of Rs 43.90 core in Q3-16 and an operating loss of Rs 31.22 crore in the immediate trailing quarter.

    Broadband segment revenue increased 82.6 in the current quarter to Rs 21.47 crore as compared to Rs 11.76 crore in Q3-16. The segment reported lower standalone operating loss in Q3-17 of Rs 7.22 crore as compared to an operating loss of Rs 19.77 crore in the corresponding year ago quarter.

    Let us look at the other numbers reported by Den

    Other Income in Q3-17 declined 2.2 percent to Rs 12.26 crore as compared to Rs 12.53 crore in Q3-16

    Total Expenditure in the current quarter was 0.8 percent lower at Rs 317.73 crore (118.2 percent of TIO) as compared Rs 320.17 crore (162.6 percent of TIO) in Q3-16.

    A major cost head for Den is Content Costs which increased 3.5 percent to Rs 119.28 crore (44.4 percent of TIO) in Q3-17 from Rs 115.27 crore (58.5 percent of TIO).

    Other Expenses reduced 26.9 percent in the current quarter to Rs 84.44 crore (31.4 percent of TIO) as compared to Rs 115.49 crore (58.7 percent of TIO) in Q3-16.

    Placement fees increased 2.9 percent in the current quarter to Rs 11.82 crore (4.4 percent of TIO) as compared to Rs 11.49 crore (5.8 percent of TIO) in the corresponding year ago quarter.

    Employee benefits expense in Q3-17 increased 17.3 percent to Rs 32.95 crore (12.3 percent of TIO) as compared to Rs 28.10 crore (14.3 percent of TIO) in Q3-16.

    Finance costs in the current quarter increased 9 percent to Rs 20.44 crore (7.6 percent of TIO) as compared to Rs 18.75 crore (9.5 percent of TIO) in Q3-16.

    Note: (1) All numbers mentioned in this report are standalone unless stated otherwiserigh.

    (2)The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

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

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Q3-17: Den Networks reports higher ARPUs, subscription revenue & operating profits

    Q3-17: Den Networks reports higher ARPUs, subscription revenue & operating profits

    BENGALURU: Following the 26.7 percent year-over-year (y-o-y) increase in the previous quarter, multiple-systems operator (MSO) Den Networks Limited (Den) reported 29.7 percent y-o-y increase in consolidated Total Income from operations (TIO) for the quarter ended December 31, 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter (Q3-16). The company also reported a 75.1 percent quarter-over quarter (q-o-q) increase in consolidated operating profit (EBIDTA) to Rs 50.34 crore (18.7 percent margin) from Rs 28.75 crore (10.6 percent margin) in the current quarter. In the corresponding year ago quarter Den had reported an operating loss (negative EBIDTA) of Rs 39.56 crore. Den’s TIO for the current quarter was Rs 298.83 crore as compared to Rs 230.39 crore in Q3-16. EBIDTA including other income was Rs 62.60 crore (22.3 percent margin of TIO) in Q3-17 as opposed to an operating loss (including other income) of Rs 27.03 crore in Q3-16.

    Further the company reported lower losses for the current quarter as compared to the corresponding year ago quarter. Net loss after tax (PAT) reduced to Rs 45.19 crore in Q3-17 as compared to a loss of Rs 87.39 crore in Q3-16. Total Comprehensive Income (TCI) improved to a negative Rs 44.39 crore in Q3-17 as compared a negative Rs 87.18 crore in Q3-16.

    Said DEN Networks CEO SN Sharma: “The company continues to improve on cable subscription billing on a quarter on quarter basis. ARPU (including taxes) for DAS 1, 2 and 3 markets stood at Rs 125, Rs. 95 and Rs. 64 per box respectively which reflects on improvement of 11 per cent , 6 per cent and 23 per cent respectively on Q-o-Q basis , with a strong collection efficiency at 95 per cent .”

    Sharma also announced that DEN has  achieved break even in the company’s broadband business for the full quarter despite telecom launches and freebies offered by the big players.

    Segment numbers

    The company has two operating segments that contribute to revenue for now– Cable Distribution Network (Cable) and Broadband (brand Boomband). Both segments reported improved operating numbers. Its third segment – the soccer segment has no revenue as of now. The segment has neither income nor result for the current quarter. That’s because the company is gradually exiting from the business and has divested almost 80 per cent of its equity in the team.

    Cable segment reported 35.4 percent growth in operating revenue in Q3-17 at Rs 277.36 crore as compared to Rs 204.84 crore in Q3-16. The segment’s operating loss in the current quarter improved significantly to Rs 11.68 crore as compared to higher operating loss of Rs 43.90 core in Q3-16 and an operating loss of Rs 31.22 crore in the immediate trailing quarter.

    Broadband segment revenue increased 82.6 in the current quarter to Rs 21.47 crore as compared to Rs 11.76 crore in Q3-16. The segment reported lower standalone operating loss in Q3-17 of Rs 7.22 crore as compared to an operating loss of Rs 19.77 crore in the corresponding year ago quarter.

    Let us look at the other numbers reported by Den

    Other Income in Q3-17 declined 2.2 percent to Rs 12.26 crore as compared to Rs 12.53 crore in Q3-16

    Total Expenditure in the current quarter was 0.8 percent lower at Rs 317.73 crore (118.2 percent of TIO) as compared Rs 320.17 crore (162.6 percent of TIO) in Q3-16.

    A major cost head for Den is Content Costs which increased 3.5 percent to Rs 119.28 crore (44.4 percent of TIO) in Q3-17 from Rs 115.27 crore (58.5 percent of TIO).

    Other Expenses reduced 26.9 percent in the current quarter to Rs 84.44 crore (31.4 percent of TIO) as compared to Rs 115.49 crore (58.7 percent of TIO) in Q3-16.

    Placement fees increased 2.9 percent in the current quarter to Rs 11.82 crore (4.4 percent of TIO) as compared to Rs 11.49 crore (5.8 percent of TIO) in the corresponding year ago quarter.

    Employee benefits expense in Q3-17 increased 17.3 percent to Rs 32.95 crore (12.3 percent of TIO) as compared to Rs 28.10 crore (14.3 percent of TIO) in Q3-16.

    Finance costs in the current quarter increased 9 percent to Rs 20.44 crore (7.6 percent of TIO) as compared to Rs 18.75 crore (9.5 percent of TIO) in Q3-16.

    Note: (1) All numbers mentioned in this report are standalone unless stated otherwiserigh.

    (2)The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

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

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • Q2-17: Den Networks reports higher revenue, operating profits

    Q2-17: Den Networks reports higher revenue, operating profits

    BENGALURU: Multiple-systems operator Den Networks Limited (Den) reported 26.7 percent increase in Total Income from operations (TIO) for the quarter ended September 30, 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16). The company also reported a consolidated operating profit (EBIDTA) of Rs 28.75 crore (10.6 percent margin) in the current quarter as opposed to an operating loss (negative EBIDTA) of Rs 39.80 crore. Den’s TIO for the current quarter was Rs 272.44 crore as compared to Rs 214.99 crore. EBIDTA including other income was Rs 36.24 crore (13.3 percent margin of IO) in Q2-17 as opposed to an operating loss (including other income) of Rs 27.14 crore in Q2-16.

    Further the company reported lower losses for the current quarter as compared to the corresponding year ago quarter. Net loss after tax (PAT) reduced to Rs 47.87 crore in Q2-17 as compared to a loss of Rs 83.11 crore in Q2-16. Total Comprehensive Income (TCI) improved to a negative Rs 48.43 crore in Q2-17 as compared a negative Rs 97.66 crore in Q2-16.

    Segment numbers

    The company has two operating segments that contribute to revenue for now– Cable Distribution Network (Cable) and Broadband (brand Boomband). Both segments reported improved operating numbers. Its third segment – the soccer segment has no revenue as of now, but is an expense head and had reported an operating loss of Rs 8.57 crore for Q2-16. The segment has neither income nor result for the current quarter,

    Cable segment reported 21.7 percent growth in operating revenue in Q2-17 at Rs 251.74 crore as compared to Rs 206.84 crore in Q2-16. The segment’s operating loss in the current quarter improved to Rs 31.22 crore as compared to higher operating loss of Rs 54.88 core in Q2-16.

    Broadband segment standalone revenue more than doubled (over 2.6 times) in the current quarter to Rs 20.70 crore as compared to Rs 8.05 crore in Q2-16. The segment reported lower standalone operating loss in Q2-17 of Rs 8 crore as compared to an operating loss of Rs 23.23 crore in the corresponding year ago quarter.

    The company’s soccer segment reported a net loss of Rs

    Let us look at the other numbers reported by Den

    Total Expenditure in the current quarter was 3.3 percent higher at Rs 311.66 crore (114.4 percent of TIO) as compared Rs 301.67 crore (140.3 percent of TIO) in Q2-16. As percentage of TIO, Total expenditure in the current quarter was lower as compared to Q2-16.

    A major cost head for Den is Content Costs which reduced by 7.7 percent to Rs 118.25 crore (43.4 percent of TIO) in Q2-17 from Rs 128.13 crore (59.6 percent of TIO).

    Other Expenses reduced 8 percent in the current quarter to Rs 78.62 crore (28.9 percent of TIO) as compared to Rs 85.46 crore (39.8 percent of TIO) in Q2-16.

    Placement fees more than doubled (increased 59.2 percent) in the current quarter to Rs 13.8 crore (5.1 percent of TIO) as compared to Rs 8.67 crore (4 percent of TIO) in the corresponding year ago quarter.

    Employee benefits expense in Q2-17 declined 1.5 percent to Rs 33.02 crore (12.1 percent of TIO) as compared to Rs 32.53 crore (15.1 percent of TIO) in Q2-16.

    Finance costs in the current quarter declined 36.2 percent to Rs 12.92 crore (4.7 percent of TIO) as compared to Rs 20.25 crore (9.4 percent of TIO) in Q2-16.

    Other Income in Q2-17 was less than half (declined 58.5 percent) to Rs 7.49 crore as compared to Rs 18.06 crore in Q2-16.

    Note: (1) All numbers mentioned in this report are standalone unless stated otherwiserigh.

    (2)The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

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

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

     

  • Q2-17: Den Networks reports higher revenue, operating profits

    Q2-17: Den Networks reports higher revenue, operating profits

    BENGALURU: Multiple-systems operator Den Networks Limited (Den) reported 26.7 percent increase in Total Income from operations (TIO) for the quarter ended September 30, 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter (Q2-16). The company also reported a consolidated operating profit (EBIDTA) of Rs 28.75 crore (10.6 percent margin) in the current quarter as opposed to an operating loss (negative EBIDTA) of Rs 39.80 crore. Den’s TIO for the current quarter was Rs 272.44 crore as compared to Rs 214.99 crore. EBIDTA including other income was Rs 36.24 crore (13.3 percent margin of IO) in Q2-17 as opposed to an operating loss (including other income) of Rs 27.14 crore in Q2-16.

    Further the company reported lower losses for the current quarter as compared to the corresponding year ago quarter. Net loss after tax (PAT) reduced to Rs 47.87 crore in Q2-17 as compared to a loss of Rs 83.11 crore in Q2-16. Total Comprehensive Income (TCI) improved to a negative Rs 48.43 crore in Q2-17 as compared a negative Rs 97.66 crore in Q2-16.

    Segment numbers

    The company has two operating segments that contribute to revenue for now– Cable Distribution Network (Cable) and Broadband (brand Boomband). Both segments reported improved operating numbers. Its third segment – the soccer segment has no revenue as of now, but is an expense head and had reported an operating loss of Rs 8.57 crore for Q2-16. The segment has neither income nor result for the current quarter,

    Cable segment reported 21.7 percent growth in operating revenue in Q2-17 at Rs 251.74 crore as compared to Rs 206.84 crore in Q2-16. The segment’s operating loss in the current quarter improved to Rs 31.22 crore as compared to higher operating loss of Rs 54.88 core in Q2-16.

    Broadband segment standalone revenue more than doubled (over 2.6 times) in the current quarter to Rs 20.70 crore as compared to Rs 8.05 crore in Q2-16. The segment reported lower standalone operating loss in Q2-17 of Rs 8 crore as compared to an operating loss of Rs 23.23 crore in the corresponding year ago quarter.

    The company’s soccer segment reported a net loss of Rs

    Let us look at the other numbers reported by Den

    Total Expenditure in the current quarter was 3.3 percent higher at Rs 311.66 crore (114.4 percent of TIO) as compared Rs 301.67 crore (140.3 percent of TIO) in Q2-16. As percentage of TIO, Total expenditure in the current quarter was lower as compared to Q2-16.

    A major cost head for Den is Content Costs which reduced by 7.7 percent to Rs 118.25 crore (43.4 percent of TIO) in Q2-17 from Rs 128.13 crore (59.6 percent of TIO).

    Other Expenses reduced 8 percent in the current quarter to Rs 78.62 crore (28.9 percent of TIO) as compared to Rs 85.46 crore (39.8 percent of TIO) in Q2-16.

    Placement fees more than doubled (increased 59.2 percent) in the current quarter to Rs 13.8 crore (5.1 percent of TIO) as compared to Rs 8.67 crore (4 percent of TIO) in the corresponding year ago quarter.

    Employee benefits expense in Q2-17 declined 1.5 percent to Rs 33.02 crore (12.1 percent of TIO) as compared to Rs 32.53 crore (15.1 percent of TIO) in Q2-16.

    Finance costs in the current quarter declined 36.2 percent to Rs 12.92 crore (4.7 percent of TIO) as compared to Rs 20.25 crore (9.4 percent of TIO) in Q2-16.

    Other Income in Q2-17 was less than half (declined 58.5 percent) to Rs 7.49 crore as compared to Rs 18.06 crore in Q2-16.

    Note: (1) All numbers mentioned in this report are standalone unless stated otherwiserigh.

    (2)The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

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

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

     

  • Q1-17: Den Networks reports higher standalone revenue, operating profits

    Q1-17: Den Networks reports higher standalone revenue, operating profits

    BENGALURU: Multiple-systems operator Den Networks Limited (Den) reported 21.2 percent increase in standalone Total Income from operations (TIO) for the quarter ended June 30, 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter (Q1-16). The company also reported a standalone operating profit (EBIDTA) of Rs 4.58 crore (1.9 percent margin) in the current quarter as opposed to a standalone operating loss (negative EBIDTA) of Rs 26.44 crore. Den’s standalone TIO for the current quarter was Rs 238.67 crore as compared to Rs 196.89 crore. EBIDTA including other income was Rs 15.45 crore (6.2 percent margin) in Q1-17 as opposed to an operating loss (including other income) of Rs 6.01 crore in Q1-17.

    However the company reported higher standalone losses for the current quarter as compared to the corresponding year ago quarter. Net loss after tax (PAT) increased to Rs 57.40 crore in Q1-17 as compared to loss of Rs 53.49 crore in Q1-16. Standalone Total Comprehensive Income (TCI) was lower at a negative Rs 56.93 crore in Q1-17 as compared a negative Rs 51.74 crore in Q1-16.

    Segment numbers

    The company has two operating segments – Cable Distribution Network (Cable) and Broadband. Both segments reported improved operating numbers.

    Cable segment reported 15.1 percent growth in standalone operating revenue in Q1-17 at Rs 220.88 crore as compared to Rs 191.87 crore in Q1-16. Standalone operating loss in the current quarter was lower at Rs 31.19 crore as compared to a standalone operating loss of Rs 37.29 core in Q1-16.

    Broadband segment standalone revenue more than tripled (over 3.5 times) in the current quarter to Rs 17.79 crore as compared to Rs 5.02 crore in Q1-16. The segment reported lower standalone operating loss in Q1-17 of Rs 14.26 crore as compared to an operating loss of Rs 19.24 crore in the corresponding year ago quarter.

    Let us look at the other numbers reported by Den

    Standalone Total Expenditure in the current quarter was 12.1 percent higher at Rs 284.12 crore (119 percent of TIO) as compared Rs 253.43 crore (128.7 percent of TIO) in Q1-16.

    As percentage of TIO, Total expenditure in the current quarter was lower as compared to Q1-16. Most major standalone cost heads decreased in the current quarter as compared to the corresponding year ago quarter except for Content Costs, Other Expenses and Depreciation and Amortisation and hence wiped away the increase in TIO and resulted in higher loss. Other factors that contributed to higher loss were lower Other Income and higher Finance costs in Q1-17.

    As mentioned above, a major cost head for Den is Content Costs which increased by a massive Rs 30.70 crore or 35 percent to Rs 107.28 crore (44.9 percent of TIO) in Q1-17 from Rs 79.47 crore (40.4 percent of TIO). Standalone

    Other Expenses increased 5.4 percent in the current quarter to Rs 62 crore (26 percent of TIO) as compared to Rs 58.84 crore (29.9 percent of TIO) in Q1-16.

    Standalone Placement fees declined 21.8 percent in the current quarter to Rs 43.69 crore (18.3 percent of TIO) as compared to Rs 55.89 crore (28.4 percent of TIO).

    Standalone Employee benefits expense in Q1-17 declined 14.3 percent to Rs 19.57 crore (8.2 percent of TIO) as compared to Rs 22.83 crore (11.6 percent of TIO) in Q1-16.

    Standalone Finance costs in the current quarter increased 31.2 percent to Rs 22.82 crore (9.6 percent of TIO) as compared to Rs 17.39 crore (8.8 percent of TIO) in Q1-16.

    Standalone Other Income in Q1-17 was almost half (declined 46.8 percent) to Rs10.87 crore as compared to Rs 20.43 crore in Q1-16.

    Note: (1) All numbers mentioned in this report are standalone unless stated otherwise.

  • Q1-17: Den Networks reports higher standalone revenue, operating profits

    Q1-17: Den Networks reports higher standalone revenue, operating profits

    BENGALURU: Multiple-systems operator Den Networks Limited (Den) reported 21.2 percent increase in standalone Total Income from operations (TIO) for the quarter ended June 30, 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter (Q1-16). The company also reported a standalone operating profit (EBIDTA) of Rs 4.58 crore (1.9 percent margin) in the current quarter as opposed to a standalone operating loss (negative EBIDTA) of Rs 26.44 crore. Den’s standalone TIO for the current quarter was Rs 238.67 crore as compared to Rs 196.89 crore. EBIDTA including other income was Rs 15.45 crore (6.2 percent margin) in Q1-17 as opposed to an operating loss (including other income) of Rs 6.01 crore in Q1-17.

    However the company reported higher standalone losses for the current quarter as compared to the corresponding year ago quarter. Net loss after tax (PAT) increased to Rs 57.40 crore in Q1-17 as compared to loss of Rs 53.49 crore in Q1-16. Standalone Total Comprehensive Income (TCI) was lower at a negative Rs 56.93 crore in Q1-17 as compared a negative Rs 51.74 crore in Q1-16.

    Segment numbers

    The company has two operating segments – Cable Distribution Network (Cable) and Broadband. Both segments reported improved operating numbers.

    Cable segment reported 15.1 percent growth in standalone operating revenue in Q1-17 at Rs 220.88 crore as compared to Rs 191.87 crore in Q1-16. Standalone operating loss in the current quarter was lower at Rs 31.19 crore as compared to a standalone operating loss of Rs 37.29 core in Q1-16.

    Broadband segment standalone revenue more than tripled (over 3.5 times) in the current quarter to Rs 17.79 crore as compared to Rs 5.02 crore in Q1-16. The segment reported lower standalone operating loss in Q1-17 of Rs 14.26 crore as compared to an operating loss of Rs 19.24 crore in the corresponding year ago quarter.

    Let us look at the other numbers reported by Den

    Standalone Total Expenditure in the current quarter was 12.1 percent higher at Rs 284.12 crore (119 percent of TIO) as compared Rs 253.43 crore (128.7 percent of TIO) in Q1-16.

    As percentage of TIO, Total expenditure in the current quarter was lower as compared to Q1-16. Most major standalone cost heads decreased in the current quarter as compared to the corresponding year ago quarter except for Content Costs, Other Expenses and Depreciation and Amortisation and hence wiped away the increase in TIO and resulted in higher loss. Other factors that contributed to higher loss were lower Other Income and higher Finance costs in Q1-17.

    As mentioned above, a major cost head for Den is Content Costs which increased by a massive Rs 30.70 crore or 35 percent to Rs 107.28 crore (44.9 percent of TIO) in Q1-17 from Rs 79.47 crore (40.4 percent of TIO). Standalone

    Other Expenses increased 5.4 percent in the current quarter to Rs 62 crore (26 percent of TIO) as compared to Rs 58.84 crore (29.9 percent of TIO) in Q1-16.

    Standalone Placement fees declined 21.8 percent in the current quarter to Rs 43.69 crore (18.3 percent of TIO) as compared to Rs 55.89 crore (28.4 percent of TIO).

    Standalone Employee benefits expense in Q1-17 declined 14.3 percent to Rs 19.57 crore (8.2 percent of TIO) as compared to Rs 22.83 crore (11.6 percent of TIO) in Q1-16.

    Standalone Finance costs in the current quarter increased 31.2 percent to Rs 22.82 crore (9.6 percent of TIO) as compared to Rs 17.39 crore (8.8 percent of TIO) in Q1-16.

    Standalone Other Income in Q1-17 was almost half (declined 46.8 percent) to Rs10.87 crore as compared to Rs 20.43 crore in Q1-16.

    Note: (1) All numbers mentioned in this report are standalone unless stated otherwise.

  • Den Network‘s broadband subscribers quadrupled in FY-16

    Den Network‘s broadband subscribers quadrupled in FY-16

    BENGALURU: Den Networks Ltd (Den) reported 413 percent growth in broadband customers in the fiscal ended 31 March 2016 (FY-16, current year) as compared to FY-15. The company reported 95,000 in the current year as compared to 23,000 in the previous year. For the quarter ended 31 March 2015 (Q4-16, current quarter) Den add 19,000 broadband (20 percent quarter-over-quarter or q-o-q growth), it had 76,000 subscribers in Q3-16. Its Broadband segment operating revenue increased to fivefold in FY-16 as compared to FY-15. Broadband segment’s revenue in FY-16 was Rs 40.62 crore as compared to Rs 8.08 crore in the previous year. Broadband average revenue per user (ARPU) in Q4-16 was Rs 780, Rs 20 more than the ARPU of Rs 760 in the immediate trailing quarter and Rs 21 more than the ARPU of Rs 759 in the corresponding year ago quarter.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Den’s broadband segment’s operating loss in the current year increased to Rs 78.26 crore as compared to an operating loss of Rs 47.06 crore in the previous year.
    Post Activation Broadband revenue in Q4-16 also more than quadrupled (450 percent) year-over-year (y-o-y) at Rs 15.23 crore as compared to Rs 3.43 crore and increased 27.3 percent q-o-q from Rs 11.96 crore.

    Broadband segment’s operating loss in the current quarter was higher y-o-y as Rs 16.12 crore as compared to Rs 15.46 crore, but lower q-o-q as compared to Rs 19.57 crore

    For other financials from Den, please click here: http://www.indiantelevision.com/cable-tv/multi-system-operators/den-networks-cable-business-reports-op-profit-broadband-op-revenue-up-fivefold-160530

     

  • Den Network‘s broadband subscribers quadrupled in FY-16

    Den Network‘s broadband subscribers quadrupled in FY-16

    BENGALURU: Den Networks Ltd (Den) reported 413 percent growth in broadband customers in the fiscal ended 31 March 2016 (FY-16, current year) as compared to FY-15. The company reported 95,000 in the current year as compared to 23,000 in the previous year. For the quarter ended 31 March 2015 (Q4-16, current quarter) Den add 19,000 broadband (20 percent quarter-over-quarter or q-o-q growth), it had 76,000 subscribers in Q3-16. Its Broadband segment operating revenue increased to fivefold in FY-16 as compared to FY-15. Broadband segment’s revenue in FY-16 was Rs 40.62 crore as compared to Rs 8.08 crore in the previous year. Broadband average revenue per user (ARPU) in Q4-16 was Rs 780, Rs 20 more than the ARPU of Rs 760 in the immediate trailing quarter and Rs 21 more than the ARPU of Rs 759 in the corresponding year ago quarter.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Den’s broadband segment’s operating loss in the current year increased to Rs 78.26 crore as compared to an operating loss of Rs 47.06 crore in the previous year.
    Post Activation Broadband revenue in Q4-16 also more than quadrupled (450 percent) year-over-year (y-o-y) at Rs 15.23 crore as compared to Rs 3.43 crore and increased 27.3 percent q-o-q from Rs 11.96 crore.

    Broadband segment’s operating loss in the current quarter was higher y-o-y as Rs 16.12 crore as compared to Rs 15.46 crore, but lower q-o-q as compared to Rs 19.57 crore

    For other financials from Den, please click here: http://www.indiantelevision.com/cable-tv/multi-system-operators/den-networks-cable-business-reports-op-profit-broadband-op-revenue-up-fivefold-160530

     

  • Den Networks Cable business reports op profit, Broadband op revenue up fivefold

    Den Networks Cable business reports op profit, Broadband op revenue up fivefold

    BENGALURU: Den Networks Ltd (Den) Cable Distribution Network segment reported an operating profit of Rs 8.14 crore in in the fiscal ended 31 March 2016 (FY-16, current year) as compared a loss of Rs 0.43 crore in  FY-15. Its Broadband segment operating revenue increased to fivefold in FY-16 as compared to FY-15. Broadband segment’s revenue in FY-16 was Rs 40.62 crore as compared to Rs 8.08 crore in the previous year.

    The company reported 11.4 percent growth in consolidated Total Income from operations (TIO) as compared to the previous year. Den reported TIO in FY-16 of Rs 1,256.58 crore as compared to Rs 1,129.64 crore in the previous year.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

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

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Den’s operating profit (Earnings before interest, depreciation and amortisation) including other income increased 7.1 percent to Rs 193.03 crore (15.3 percent EBIDTA margin on TIO) as compared to Rs 180.23 crore (16 percent EBIDTA margin on TIO) in FY-15.

    Segment Revenue

    Three segments contribute to Den’s revenue: Cable distribution network segment (Cable); Broadband segment and Soccer segment.

    Cable Distribution segment reported operating revenue growth of 7.2 percent in FY-16 to Rs 1,193.55 crore as compared to Rs 1,113.46 crore in the previous year. The segment’s comparative operating profit numbers have been mentioned above.

    Den’s Broadband segment revenue numbers have been mentioned above.  The segment’s operating loss increased to Rs 78.26 crore as compared to an operating loss of Rs 47.06 crore in the previous year.

    Den’s Soccer segment reported revenue of Rs 24.1 crore, triple as compared to Rs 8.08 crore in FY-15. Soccer segment reported lower operating loss of Rs 34.15 crore in the current year as compared to an operating loss Rs 46.05 crore in the previous year.

    Let us look at the other numbers reported by Den

    Den’s loss for the current year increased to Rs 260.92 crore as compared to a loss of Rs 144.01 crore in the previous year

    Den’s Total Expenditure in the current year increased 11.4 percent to Rs 1,362.85 crore (108.3 percent of TIO) as compared to Rs 1,223.18 crore (108.3 percent of TIO).

    Content cost in FY-16 increased 12.4 percent to Rs 510.16 crore (40.5 percent of TIO) as compared to Rs 454.52 crore (40.2 percent of TIO) in FY-15.

    Finance costs in the current year increased 3.1 percent to Rs 84.89 crore (6.7 per cent of TIO) as compared to Rs 82.30 crore (7.3 percent of TIO) in the previous year.

    Employee Benefit Expense (EBE) in FY-16 increased 24.5 percent to Rs 137.77 crore (10.9 percent of TIO) from Rs 110.70 crore (9.8 percent of TIO) in FY-15.

  • Den Networks Cable business reports op profit, Broadband op revenue up fivefold

    Den Networks Cable business reports op profit, Broadband op revenue up fivefold

    BENGALURU: Den Networks Ltd (Den) Cable Distribution Network segment reported an operating profit of Rs 8.14 crore in in the fiscal ended 31 March 2016 (FY-16, current year) as compared a loss of Rs 0.43 crore in  FY-15. Its Broadband segment operating revenue increased to fivefold in FY-16 as compared to FY-15. Broadband segment’s revenue in FY-16 was Rs 40.62 crore as compared to Rs 8.08 crore in the previous year.

    The company reported 11.4 percent growth in consolidated Total Income from operations (TIO) as compared to the previous year. Den reported TIO in FY-16 of Rs 1,256.58 crore as compared to Rs 1,129.64 crore in the previous year.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

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

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

    Den’s operating profit (Earnings before interest, depreciation and amortisation) including other income increased 7.1 percent to Rs 193.03 crore (15.3 percent EBIDTA margin on TIO) as compared to Rs 180.23 crore (16 percent EBIDTA margin on TIO) in FY-15.

    Segment Revenue

    Three segments contribute to Den’s revenue: Cable distribution network segment (Cable); Broadband segment and Soccer segment.

    Cable Distribution segment reported operating revenue growth of 7.2 percent in FY-16 to Rs 1,193.55 crore as compared to Rs 1,113.46 crore in the previous year. The segment’s comparative operating profit numbers have been mentioned above.

    Den’s Broadband segment revenue numbers have been mentioned above.  The segment’s operating loss increased to Rs 78.26 crore as compared to an operating loss of Rs 47.06 crore in the previous year.

    Den’s Soccer segment reported revenue of Rs 24.1 crore, triple as compared to Rs 8.08 crore in FY-15. Soccer segment reported lower operating loss of Rs 34.15 crore in the current year as compared to an operating loss Rs 46.05 crore in the previous year.

    Let us look at the other numbers reported by Den

    Den’s loss for the current year increased to Rs 260.92 crore as compared to a loss of Rs 144.01 crore in the previous year

    Den’s Total Expenditure in the current year increased 11.4 percent to Rs 1,362.85 crore (108.3 percent of TIO) as compared to Rs 1,223.18 crore (108.3 percent of TIO).

    Content cost in FY-16 increased 12.4 percent to Rs 510.16 crore (40.5 percent of TIO) as compared to Rs 454.52 crore (40.2 percent of TIO) in FY-15.

    Finance costs in the current year increased 3.1 percent to Rs 84.89 crore (6.7 per cent of TIO) as compared to Rs 82.30 crore (7.3 percent of TIO) in the previous year.

    Employee Benefit Expense (EBE) in FY-16 increased 24.5 percent to Rs 137.77 crore (10.9 percent of TIO) from Rs 110.70 crore (9.8 percent of TIO) in FY-15.