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Tag: Entertainment Limited

  • Inventory increase jacks Sahara One profit for Q2-2014 despite 31.1 per cent revenue drop

    Inventory increase jacks Sahara One profit for Q2-2014 despite 31.1 per cent revenue drop

    BENGALURU: Sahara One Media and Entertainment Limited (Sahara One) reported increase in inventory of Rs 3.64 crore for Q2-2014 (90.8 per cent of the total PAT) as compared to reduction in inventory of Rs 1.39 crore for Q2-2013 and a reduction in inventory of Rs 1.73 crore for Q1-2014.

     

    Sahara One reported a PAT of Rs 4.1 crore, 8.1 per cent higher than the PAT of Rs 3.79 crore for the corresponding period of last year and more than triple (3.38 times more) the Rs 1.21 crore for the immediate trailing quarter.

     

    Despite a 31.1 per cent drop in Income from operations for the current quarter to Rs 22.61 crore as compared to the Rs 32.80 crore for y-o-y and a reduction of 17.5 as compared to the Rs 27.42 crore q-o-q, the company reported an increase in PAT. The company reported a PBT of Rs 6.15 crore which was 8.8 per cent higher than the Rs 5.65 crore for Q2-2013 and more than triple (3.47 times) the Rs 1.77 crore for the immediate preceding quarter.

     

    Let us look at the other results for Q2-2014 recorded by Sahara One

     

    Other income for Q2-2014 at Rs 2.54 crore was less than half (43.8 per cent) of the Rs 5.79 crore for Q2-2013 and 12.5 per cent lower than the Rs 2.9 crore for Q1-2014.

     

    Total Expenditure reported for Q2-2014 at Rs 18.99 crore was 57.7 per cent of the expenditure of Rs 32.94 crore for Q2-2013 and 33.6 per cent lower than the Rs 28.54 crore for Q1-2014. However, if one were to neglect the effect of the above mentioned increase in inventory of Rs 3.64 crore for Q2-2014 total expense was Rs 22.63 crore.

     

    For Q2-2014, the company reported lower expenditure towards purchase of content at Rs 17.51 crore, as compared to the Rs 27.41 crore (36.1 per cent lower y-o-y ) and 19.4 per cent lower than the Rs 21.73 crore for Q1-2014.

     

    The company has reported revenues from three sources – Television and Movies segments and unallocated revenue.

     

    Television segment reported a 30 per cent drop in revenue to Rs 23.46 crore for Q2-2014 as compared to the Rs 33.53 crore for Q2-2013 and 17 per cent lower than the Rs 28.26 crore for Q1-2014. This segment reported operating profit at Rs 7.29 crore that was more than double (2.52 times) the Rs 2.90 crore for Q2-2013 and almost triple (2.93 times) as compared to the Rs  2.49 crore for Q1-2014.

     

    Income from the movies segment was nil for the current and the corresponding quarter of the last quarter, and just Rs 0.0134 crore for Q1-2014. This segment reported a loss of Rs (-0.1969) crore for Q2-2014 as compared to a loss of Rs (-31.07) crore for Q1-2013 and Rs (-0.1573) crore for Q1-2014.

     

    Sahara One reported unallocated income of Rs 1.68 crore for Q2-2014, a little less than one third (33.13 per cent) of the Rs 5.07 crore for Q2-2013 and 17.7 per cent lower than the Rs 2.04 crore for Q1-2014. For Q2-2014, this revenue source reported a 68.6 per cent higher loss at Rs (-0.94) crore as compared to the loss of Rs (-0.55) crore for the corresponding quarter of last year. Unallocated source of income reported a positive Rs 3.08 crore for Q1-2014.

     

    Capital employed (Segment assets minus segment liabilities) by the television segment rose 80.6 per cent to Rs 78.09 crore for Q2-2014 as compared to the Rs 43.25 crore for Q2-2013 and 34.8 per cent higher than the Rs 57.95 crore for Q1-2014.

     

    Capital employed by the movies segment at Rs 86.27 crore for Q2-2014 was 3.1 per cent more than the Rs 83.71 crore for Q2-2013 and almost flat as compared to the Rs 82.17 crore for Q1-2014.

     

    Unallocated capital employed for Q2-2014 at Rs 133.62 crore was 19.5 per cent lower than the Rs 165.99 crore for Q2-2013 and 10.8 per cent lower than the Rs 149.77 crore for Q1-2014.

  • Sahara One reports y-o-y flat results, net profit down for Q1-2014

    Sahara One reports y-o-y flat results, net profit down for Q1-2014

    BENGALURU: Television and motion picture operator Sahara One Media and Entertainment Limited (Sahara One) has reported disappointing results for Q1-2014. Total income, including income from operations and other income in Q1-2014 was almost flat at Rs 30.32 crore as compared to the Rs 30.36 crore for Q1-2013. Total income for Q4-2013 was Rs 28.2 crore.

    Sahara One’s net profit for Q1-2013 at Rs 1.21 crore for Q1-2014 was 32.02 per cent lower than the Rs 1.78 crore for Q1-2013. For Q4-2013, Sahara One reported a loss of Rs (-1.74) crore.

    Let us look at the other figures reported by Sahara One for Q1-2014
    Income from operations for Q1-2014 at Rs 27.42 crore was 6.73 per cent lower than the Rs 29.40 crore for Q1-2013, and marginally higher (by 3.35 per cent) than the Rs 26.53 crore for Q4-2013.

    Other income at Rs 2.9 crore was significantly higher (almost three times) the Rs 0.96 crore for Q1-2013 and was 74 per cent more than the Rs 1.67 crore for Q4-2013.

    Expenditure for Q1-2014 at Rs 28.54 crore was 2.92 per cent more than the Rs 27.73 crore for Q1-2013 and almost flat as compared to the expenditure of Rs 28.63 crore for Q4-2013.

    A major portion of the expenditure for Sahara One is Purchase of Content. The company paid Rs 21.73 crore in Q1-2014 for Purchase of Content, 16.23 per cent lower than the Rs 25.94 crore for Q1-2013 and 18.1 per cent lower than the Rs 26.53 crore for Q4-2014.

    Two segments bring in the revenue for Sahara One – Television and Movie Production.

    Revenue from Television for Q1-2014 at Rs 28.26 crore was 5.7 per cent lower than the Rs 29.97 crore for Q1-2013, but 3.6 per cent higher than the Rs 27.27 crore for Q4-2013. The segment result for Television at Rs 2.49 crore was less than half (45.52 per cent) of the Rs 5.47 crore for Q1-2013, but more than two and a half times the Rs 0.96 crore for Q4-2013.

    Motion pictures segment had revenue of just Rs 0.013 crore for Q1-2014 as compared to the Rs 1.53 crore for Q1-2013. The segment reported no revenue for Q4-2013. Motion pictures segment reported a loss of Rs (-0.16) crore which was more than six times less than the Rs (-1.01) crore for Q1-2013 and 58.74 per cent of the Rs (-0.27) crore for Q4-2013.

    Capital employed in Q1-2014 by the Television segment at Rs 57.95 crore was 55.56 per cent more than the Rs 37.25 crore in Q1-2013 and 18.76 per cent more than the Rs 48.79 crore for Q1-2013.

    Capital employed by the Motion pictures segment in Q1-2014 at Rs 86.17 crore was 6.12 per cent more than the Rs 81.20 crore for Q1-2013 and flat as compared to the Rs 86.09 crore for Q4-2013.

    Unallocated capital employed at Rs 149.77 crore was substantially lower (11.91 per cent) than the Rs 170.71 crore for Q1-2013 and 6.84 per cent lower than the Rs 159.79 crore for Q4-2013.

  • Sahara Filmy to present ‘Live and Filmy’

    MUMBAI: Sahara Filmy, the Bollywood film channel arm of Sahara One Media and Entertainment Limited, has announced the launch of its new series ‘Live and Filmy.’

    The channel has roped in music stalwarts Sukhvinder Singh and Daler Mehendi to perform live on 27 January at the Somaiya Hospital ground in Sion. The musical extravaganza will also have Tanushree Dutta performing to her hit numbers.

    Speaking on the launch Sahara Filmy business head Ashutosh said, “Every film channel shows back to back Hindi films. While we also showcase the best of Bollywood cinema, we have always taken an initiative to introduce various types of Bollywood- based content.

    We launch this series called ‘Live and Filmy’ with a musical extravaganza by Daler Mehendi and Sukhvinder with Tanushree performing some sizzling numbers.”

    The channel aims to take the event across the country with a host of other Bollywood stars depending on the response. The channel will also have other properties like contests and interactive shows in a run up to its telecast. “Since it is not easy to do such a large scale event on a regular basis, we do not promise that it will be a monthly event. But 2007 would certainly have more such Bollywood and filmy content programming,” says Ashutosh.

    “I have seen these two perform and you won’t get this type of energy anywhere.The idea was to bring together this amazing energy of to our viewers and audience- Live. We are expecting a huge audience turn out for the same.”An increasing number of television channels are now incorporating on ground activity in its programming to increase the viewer connect.