Tag: Divya Marathi

  • Q1-2016: DB Corp y-o-y revenue down 3.2%; My FM revenue up 3.7%

    Q1-2016: DB Corp y-o-y revenue down 3.2%; My FM revenue up 3.7%

    BENGALURU: DB Corp Limited (DB Corp), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar, reported a 3.2 per cent fall in Total Income from Operations (TIO) to Rs 473.36 crore in the quarter ended 31 June, 2015 (Q1-2016, current quarter) from Rs 489.20 crore in Q1-2015 and 2.5 per cent fall from the Rs 485.60 crore in Q4-2015 on the back of lower advertising revenue.

     

    The company’s radio segment under the brand My FM reported a 3.7 per cent growth in operating revenue to Rs 21.50 crore (4.5 per cent of TIO) in Q1-2016 from Rs 20.73 crore (4.2 per cent of TIO) in Q1-2015, but 19.4 per cent lower than the Rs 26.68 crore (4.2 per cent of TIO) in the immediate trailing quarter. Operating results from the company’s radio segment dropped sharply and have been mentioned later in this report.

     

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

    (2) The figures mentioned in this report are consolidated figures unless stated otherwise.

     

    Advertising and Circulation revenue

    The company says that print advertising revenues declined by eight per cent in Q1-2016 to Rs 342.30 crore as against Rs 373 crore, due to base effect of election revenue in Q1-2015 along with focus on high yield growth. Ad revenue in Q1-2016 was 7.3 per cent more than the Rs 319.10 crore in Q4-2015.

     

    Circulation revenue increased by 16 per cent in the current quarter to Rs 102.20 crore from Rs 88.50 crore primarily due to yield driven growth says the company. Circulation revenue increased 21.8 per cent as compared to the Rs 83.9 crore in Q4-2015.

     

    Company speak

     

    DB Corp managing director Sudhir Agarwal said, “Through this quarter, we continued our efforts to consolidate our positions across our all markets with a key focus on continuing to implement our strategy of yield increase, which was undertaken last quarter with an aim to monetize better yield growth, as we progress towards achieving our ambitious long term growth plans and goals. We took some important strategic steps to strengthen the foundations of our business over the last few years which continue to hold us in good stead and Bhaskar is working fiercely in an environment that continues to demand aggressive marketing efforts across all regions with our presence. In an environment that continues to be challenging, we are confident of our current strategies and business fundamentals that are directed towards enterprise growth while ensuring that we continue to operate efficiently and in a calibrated manner for the future. Our operating efficiencies continue to be validated while we also continue to benefit from softened newsprint prices. Several market expansion initiatives are underway and we look forward to completing our Bihar foray within the next few month. As the government continues with its efforts and initiatives to boost economic growth, we remain confident of our operating strengths and highly differentiated business approach that positions us very well to capitalize on better opportunities, as we move ahead.”

     

    Let us look at the other results reported by DB Corp 

     

    DB Corp reported 16 per cent lower PAT (Profit after Tax) at Rs 66.46 crore in Q1-2016 as compared to the PAT of Rs 79.13 crore in Q1-2015 and 3.8 per cent more than the PAT of Rs 64 crore in Q4-2015.

     

    The company’s total expenditure (TE) in Q1-2016 at Rs 373.20 crore was 0.7 per cent lower than the Rs 374.99 crore in Q1-2015 and 4.7 per cent lower than the Rs 390.74 crore in Q4-2015.

     

    Raw material consumption (RMC) in Q1-2016 at Rs 144.74 crore was 12.7 per cent lower than the Rs 165.88 crore in Q1-2015 and was 4.6 per cent lower than the Rs 151.7 crore Q4-2015. 

     

    Segment Revenue 

     

    The company reports revenue from five segments: Printing and publishing of newspaper and periodicals (Printing segment); Radio segment; Events; Internet; and power. Two of the segments are major contributors to the revenue – printing and radio and numbers have been considered here.

     

    Printing segment revenue at Rs 440.19 crore in Q1-2016 was 4.5 per cent lower than the Rs 461.07 crore in corresponding quarter of the previous year and was 1.8 per cent lower than the Rs 448.41 crore in Q4-2015.

     

    Printing segment reported operating result of Rs 108.56 crore in Q1-20165, which was eight per cent lower than the Rs 117.95 crore in Q1-2015 but was 3.3 per cent lower than the Rs 112.21 crore in the immediate trailing quarter.

     

    The company’s radio segment (My FM) revenue has been mentioned above. My FM reported a 22.5 per cent drop in operating profit to Rs 4.08 crore in Q1-2016 as compared to the Rs 5.27 crore in Q1-2015 and a massive 59 per cent lower (less than half) than the Rs 9.95 crore in Q4-2015.

  • Senior journalists scrutinise media at RedInk Awards 2014

    Senior journalists scrutinise media at RedInk Awards 2014

    MUMBAI: It was an awards night, albeit not for celebrities, but for the hard working journalists aka the fourth estate of the country. The fourth edition of the RedInk Awards organised by the Press Club of Mumbai saw 30 journalists from print, broadcast and online media receiving awards in various categories for their outstanding writing and research.

     

    Press Club of Mumbai president Gurbir Singh opened the ceremony with a few thoughts on the state of media in the country today. “Media today is in crisis. Retrenchments are happening, companies are closing, new ones are starting. There is something wrong with the way media is conducting itself. Is it a shortage of funds or the way the business is being done,” he questioned.

     

    His voice was not alone. A discussion followed on ‘Elections 2014: Were we fair or did we stoke the NaMo wave’ which involved IBN18 editor-in-chief Rajdeep Sardesai, Times Now editor-in-chief Arnab Goswami and Divya Marathi chief editor Kumar Ketkar alongside O&M creative director Piyush Pandey and moderated by former journalist and current Star India CEO Uday Shankar. While Sardesai and Ketkar remained critical of the role of media today, Shankar and Goswami agree that the future is very bright.

     

    Maharashtra governor K Sankaranarayanan and new Information and Broadcasting Minister Prakash Javadekar were the guests of honour for the evening. While Javadekar said that he would look into establishing a law to prevent attacks on press, the governor had some personal anecdotes to share regarding the media.

     

    “Today, as a politician, just serving the people isn’t enough. You have to be friends with journalists,” he said in what appeared to be an answer to Goswami’s earlier comment that journalists should not be emotionally connected with politicians. “Paid news is much talked off. I ask the media why do they show it and they say they don’t have money. If you ask a thief why are you stealing he says ‘I don’t have money’,” he said.

     

    Sankaranarayanan said that the media world in India is so competitive that if one person isn’t there another will come in his place. “I watch Arnab’s debates sometimes. Today at 9:00 pm I don’t know what has happened. He is not there. It is a great loss to the people,” he added amidst loud applause.

     

    Mrinal Pande who was the first woman editor of the Hindi daily Hindustan and who retired recently as the chairperson of the Prasar Bharati was honoured with the RedInk lifetime achievement award. 

  • HUL’s 2 ads pulled up, ASCI upholds 21 more

    MUMBAI: HUL‘s two ads, Rin detergent powder and Pepsodent Germicheck Magnet, have run into trouble with India‘s advertising watchdog, ASCI.

    As per the complaint, the TVC of Rin claimed that “only Rin has yellow fighters that brighten dull yellow clothes”. The Advertising Standards Council of India (Asci) concluded that the claim is false and misleading as it is not the only detergent to do so the ad contravened Chapters I.1 and I.4 of the Code.

    This is not the first time HUL has been pulled up for advertising Rin. In 2010, the FMCG giant had run into legal problems due to its ad that compared Rin with Tide. P&G, the company that owns Tide, had taken HUL to court and the High Court had issued a stay order on the said ad.

    HUL‘s second ad that got punished was for its Pepsodent brand. The complainant said that Pepsodent Germicheck pack that he brought which was 200g for Rs 64 had an offer of Pepsodent G 40g free. The free 40g toothpaste is not Pepsodent G, which is better quality toothpaste, but the free 40g toothpaste is also Pepsodent Germicheck. This is a promotion gimmick. The promotion message on the pack was misleading and contravened Chapter I.4 of the code.

    The Consumer Complaints Council (CCC) of the ASCI upheld complaints made against 23 advertisements out of 30 during August.

    The upheld ads were from various sectors like Education, Healthcare and FMCG with media houses. During the same period it did not uphold complaints against seven such advertisements.
    According to ASCI, the increase in complaints is largely due to National Advertising Monitoring Service (NAMS) which continues to monitor and pick up a large number of misleading advertisements across sectors.

    HT Media‘s Hindustan ki Lehar was upheld too. As per the complaint, the advertiser claimed that Hindustan ki Lehar “has a circulation of 12 Lakh copies”. The CCC concluded that the claim, “Hindustan has a circulation of 12 Lakh copies”, was not substantiated by an independent research organisation. The ads contravened Chapter I.1 of the Code.

    Divya Bhaskar Group‘s three ads were upheld. The ads were – Divya Marathi, Twice the readership in Bhatinda and Ahead in readership in Patiala. As per the complaint, the promotional material of the advertiser claimed that Divya Marathi has five editions which are the “No.1 dailies by circulation”. The figures given are completely different from the circulation figures given by the ABC (Audit Bureau of Circulations) and are misleading. The publicity material contravened Chapter I.1 of the Code.

    Twice the readership in Bhatinda ad claimed that “their readership is twice that of competition in Bhatinda city” while ‘Ahead in readership in Patiala‘ ad claimed that “their readership is 20 per cent more than that of the competition in Patiala city”. The CCC concluded that the claims of the ads were not substantiated by an independent research organisation. They both contravened Chapter.I.1 of the Code.

    In Cavinkare‘s ‘Fairever Fairness Cream‘ ad, the advertiser claimed that Fairever Fairness has a natural fairness system with saffron, milk and wheat germ oil that prevents skin from darkening and gives clear smooth skin. The complainant said that the advertiser needs to give scientific proof in substantiation of these claims. In the absence of scientific proof, the CCC concluded that the claim, “the cream prevents the skin from darkening”, was not substantiated. The advertisement contravened Chapter I.1 of the Code. It was upheld.

    Ultratech India‘s ad- 18 Again – Vaginal Tightening and Rejuvenation Cream was upheld. As per the complaint, ‘‘18 Again‘‘ claims vaginal tightening and rejuvenation of the vagina and it says “Feels like a virgin”. The TVC also shows an old lady ordering the product. The entire TVC represents vulgarity, in light of the generally prevailing standards of decency and propriety, which would cause widespread offence particularly among women. The advertisement contravened Chapter II of the Code.

    In education sector the ads that were upheld were that of EMDI Institute Of Media & Communication, Mangalayatan University, NIFE Institute Of Engineering, Sigma Institute Of Management and Technology and M S Ramaiah Institute Of Technology.

    TVC Sky Shops‘ Dr. Slim Tea print ad claimed that Slim Tea being an herbal tea can help lose weight effectively. The CCC concluded that the claims made in the ad and cited in the complaint were not substantiated with clinical trials. Since the ad contravened Chapter I.1 of the Code, the complaint was upheld.

    TVC Sky Shop‘s another ad on Full Gliding LG Touch Screen was upheld. As per the complaint, the Complainant ordered an LG mobile phone from TVC Skyshop in May 2012 for a special offer price of Rs 5890 plus Rs 250 for delivery charges. The phone was delivered two weeks later but the phone supplied was not an LG phone but some other brand. The touch screen was not working properly and the QWERTY key pad numbers were not functional. The pouch supplied did not fit the phone. The CCC concluded that the mention of the LG logo contravened Chapter IV.2 of the Code – “Advertisements should not make unjustifiable use of the name or initials of any other firm, company or institution, nor take unfair advantage of the goodwill attached to the trademark, or symbol of another firm”.

    In healthcare sector the ads that were pulled out were of Lida Slimming Pills, Global Heart Foundation, Obecu Capsule (Nirmeeti Health Care), Telebrands India‘s Chimaxx Daily Walke and Sanchi Namkin & Sada Matta (Bhopal Sahakari Dugdh Sangh Maryadit).

    Brad Eye Glass Remover ad that claimed- “Remove eyeglass with 100 per cent Ayurvedic eye drops”, “Helps reduce eyeglass 0.5 per month”, “Helps remove cataract without operation”, “Helps diabetes patients, darkness”, “No side effect”. The ad misleads eye patients into not using eyeglasses and to rely on the eye drops. The ad also misleads diabetics into rely on this product. The print advertisement claims and the website claims need to be substantiated with data from independent research. The CCC concluded that the claims made in the advertisement and cited in the complaint were not substantiated. The ad contravened Chapter I.1 of the Code. The complaint was upheld.

    Sistema Shyam Teleservices‘ MTS Mblaze ad was upheld. As per the complaint, the advertiser claims to be India‘s Fastest Internet service provider. The CCC concluded that in the absence of comparative data, the claim “India‘s Fastest Internet service provider” was not substantiated. The advertisement contravened Chapter I.1 of the Code.

    In Farmtrac 40 Tractor‘s ad there is a wrong interpretation of the concerned product feature. The ad compares wheel base of the two tractors, and claims that Farmtrac 40‘s slightly longer wheel base provides better stability in haulage work. The CCC concluded that the comparison of the two tractors on only a few factors is likely to mislead consumers that the Advertiser‘s product is better than the complainant‘s. The ad was misleading by omission and contravened Chapter I.4 of the Code. The complaint was upheld.

    During the month of August, the CCC also received complaints against seven print ads. The complaints were received against the ads of “Whirlpool Cooking Appliances”, “Massey Ferguson Tractors”, “Hemor Rite”, “Metro Group of Hospitals”, “Graphic Era University”, Best Brown Rice, Mohak Hi-tech Speciality Hospital. However, as these advertisements did not contravene ASCI‘s codes or guidelines, the complaints were not upheld.