Tag: e-commerce segment

  • Q2-2016: NDTV YoY Television revenue up 15%

    Q2-2016: NDTV YoY Television revenue up 15%

    BENGALURU: New Delhi Television Limited (NDTV) reported 15.1 per cent YoY revenue growth for its Television Media and related operations segment at Rs 125.25 crore in the quarter ended 30 September, 2015 (Q2-2016, current quarter) as compared to Rs 108.83 crore. The segment’s revenue for the current quarter was up 7.3 per cent QoQ from Rs 116.76 crore.

     

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

    All numbers In this report are consolidated unless stated otherwise

     

    To leverage the NDTV brand, NDTV had started two additional businesses – Digital business (NDTV Convergence) about 10 years ago and E-commerce business about two years ago. But these businesses also reported growth in YoY revenue. NDTV’s Retail/E-commerce business reported 73.3 per cent YoY revenue growth in the current quarter at Rs 3.95 crore as compared to the Rs 2.28 crore in Q2-2015, but a QoQ decline of 31.5 per cent from Rs 5.77 crore.

     

    The company says that its digital business reported 30 per cent YoY growth with revenue of Rs 26 crore in the current quarter as compared to Rs 20 crore in Q2-2015.

     

    NDTV’s consolidated Total Income from Operations (TIO) in Q2-2016 increased 15.6 per cent YoY to Rs 127.60 crore from Rs 110.38 crore and increased 6.3 per cent QoQ from Rs 120.01 crore.

     

    NDTV reported lower loss at Rs 7.11 crore in the current quarter as compared to the loss of Rs 20.18 crore in Q2-2015 and a loss of Rs 14.60 crore in the immediate trailing quarter.

     

    The company’s EBIDTA numbers including ‘Other Income’ in the current quarter improved YoY and QoQ. For Q2-2016, NDTV reported lower operating loss of Rs 10.92 crore as compared to the operating loss Rs 12 crore in Q2-2015 and the operating loss of Rs 15.33 crore in the immediate trailing quarter.

     

    Television Media and related operations segment

     

    Television Media and related operations numbers include numbers from the company’s Digital Business. NDTV’s Television and allied operations reported Operating Profit of Rs 1 crore in Q2-2016 as compared to an operating loss of Rs 11 crore in Q2-2015. Digital Business EBIDTA declined from Rs 3 crore in the corresponding year ago quarter to Rs 1 crore in the current quarter.

     

    Overall, the segment reported lower operating loss of Rs 8.41 crore in Q2-2016 as compared to operating loss of Rs 15.22 crore in Q2-2015 and operating loss of Rs 12.55 crore in the immediate trailing quarter.

     

    Retail/E-Commerce segment

     

    Retail/E-commerce segment revenue numbers have been mentioned above. The segment reported operating loss of Rs 10.89 crore in the current quarter as compared to the operating loss of Rs 3.16 crore in Q2-2015 and the operating loss of Rs 8.39 crore in Q1-2016.

     

    Let us look at the other numbers reported by NDTV

     

    Total Expenditure (TE) in the current quarter increased 7.1 per cent YoY to Rs 148.77 crore as compared to Rs 132.43 crore, and was two per cent higher QoQ as compared to Rs 145.92 crore.

     

    NDTV’s consolidated Production Expense increased 26.7 per cent YoY to Rs 27.41 crore in Q2-2016 as compared to the Rs 21.64 crore and increased 20.2 per cent QoQ from Rs 22.79 crore.

     

    The company’s marketing, distribution and promotional expense (marketing expense) in the current quarter increased 21.3 per cent YoY to Rs 30.28 crore from Rs 24.96 crore and increased 3.2 per cent QoQ from Rs 29.33 crore.

     

    NDTV’s Employee Benefit Expense increased 4.3 per cent YoY in the current quarter to Rs 47.63 crore from Rs 45.65 crore and declined 6.2 per cent QoQ from Rs 50.77 crore.

     

    Operating and administration expenses in Q2-2016 declined 3 per cent YoY to Rs 31.42 crore from Rs 32.41 crore, but increased 4.7 per cent QoQ from Rs 30.01 crore.

     

    Finance Costs in the current quarter declined 8.2 per cent YoY to Rs 5.23 crore from Rs 5.70 crore and declined 6.1 per cent QoQ from Rs 5.57 crore.

  • NDTV reports improved q-o-q results with lower loss, improves EBIDTA for Q2-2014

    NDTV reports improved q-o-q results with lower loss, improves EBIDTA for Q2-2014

    BENGALURU: New Delhi Television Limited (NDTV) reported a lower consolidated net loss of Rs (-15.26) crore for Q2-2014, which was 57.5 per cent lower than the Rs (-24.04) crore for Q1-2014 (q-o-q), but about four per cent higher loss than the Rs (-14.68) crore the network reported for the corresponding quarter of last year (Q2-2013).

     

    However, it reported an improved EBIDTA of Rs 1.5 crore as compared to the Rs (-19.0) crore for Q2-2013. NDTV also reported a 19 per cent y-o-y growth for Q2-2014 at Rs 128 crore as compared to the Rs 108 crore for the same quarter.

     

    The Company has reported that it has sold its property in Noida for a sale consideration of Rs 30 crore. The gain of Rs 6.27 crore has been recognised in ‘Other Income’ in the standalone and consolidated financial statements recorded by the company. Consolidated other income for Q2-2014 at Rs 22.04 crore was almost quintuple the Rs 4.53 crore for Q2-2013 and the Rs 4.63 crore for Q1-2014.

     

    Let us look at the other figures for Q2-2014 reported by NDTV

     

    Consolidated total income from operations for Q2-2014 at Rs 106.19 crore was 2.8 per cent higher than the Rs 103.33 crore for Q2-2013 and 3.7 per cent higher than the Rs 102.4 crore for Q1-2014. Revenue from NDTV’s television media related segment for Q2-2014 at Rs 107.42 crore was four per cent higher than the Rs 103.33 crore for Q2-2013 and 4.7 per cent higher than the Rs 102.59 crore for Q1-2014. Its retail/e-commerce segment clocked revue of Rs 0.52 crore for Q2-2014. (Intersegment revenue adjustment of Rs 1.75 crore resulted in consolidated income from operations of Rs 106.19 crore for Q2-2014).

     

    Consolidated total expense at Rs 133.58 crore for Q2-2014 was almost flat as compared to the Rs 133.67 crore for Q2-2013 and 6.2 per cent more than the Rs 125.75 for Q1-2014. Production expense for Q2-2014 at Rs 22.84 crore was 2.2 per cent higher than the Rs 22.34 crore for Q2-2013, but 5.5 per cent lower than the Rs 24.11 crore for Q1-2014.

     

    In Q2-2014, the company spent 18.6 per cent less on marketing, distribution and promotional at Rs 25.43 crore as compared to the Rs 31.25 crore for the corresponding quarter last year (Q2-2013), but 17.9 per cent more than the Rs 21.57 crore for Q1-2014.

     

    Operating and administration expense at Rs 33.55 crore was 3.6 per cent higher than the Rs 32.39 crore for Q2-2013 and 17.4 per cent higher than the Rs 28.58 crore for Q1-2014.

     

    Its employee cost at Rs 44.92 crore for Q2-2014 was 10.45 per cent higher than the Rs 40.67 crore for the corresponding quarter of last year (Q2-2013) and almost the same as the Rs 44.93 crore for Q1-2014.

     

    The company claims that total revenue from Hindi News grew 54 per cent y-o-y. Revenue of NDTV’s digital arm, NDTV Convergence, was up by 64 per cent y-o-y. NDTV claims that NDTV Convergence registered 500 crore (five billion) page views, on an annualised basis, across mobile and web and 200 crore (two billion) minutes of streamed videos. It further says that NDTV Gadgets has become India’s biggest gadget site. NDTV’s first e-commerce venture IndianRoots.com was successfully launched on 28 July and is showing healthy sales traction says the company.