ITV

Tag: Fever FM

  • Prestige stirs up a clean start at Andhericha Raja this Ganesh Chaturthi

    Prestige stirs up a clean start at Andhericha Raja this Ganesh Chaturthi

    MUMBAI: Ganpati bhakti just got a dash of kitchen wisdom. This Ganesh Chaturthi, TTK Prestige has set up its immersive Prestige Svachh Shelter at Mumbai’s iconic Andhericha Raja, proving that devotion and clean living can go hand in hand. The installation, inspired by the spill-proof deep lid of the Svachh cookware range, is drawing thousands of devotees who are discovering that true blessings may well begin at home with cleaner kitchens and mindful water use.

    Partnering with Fever FM as the official radio partner, the initiative goes beyond festive décor to become a movement. Families, youngsters and even celebrities are stepping into the Svachh Shelter to click selfies, upload them on social media and take the Svachhlivingpledge. Each post adds to a growing collective voice for sustainable practices, while participants also stand a chance to win Prestige vouchers. The shelter has quickly turned into a buzzing hub where spirituality, community and conscious living blend seamlessly.

    To spice things up, the daily Modak Making Challenge has devotees rolling up their sleeves with Prestige’s Airfryer and multi-tasking Kadai. The fun, fuss-free contest has already seen spirited participation, with cheers and applause echoing through the pandal as winners walk away with Prestige gift hampers. Beyond contests and selfies, the presence of well-known personalities has added star power, amplifying the message of cleaner kitchens and responsible living.

    Explaining the thought behind the initiative, TTK Prestige chief sales & marketing Anil Gurnani said the Svachh Shelter was designed to marry celebration with purpose reminding households that festive joy can sit beautifully alongside conscious choices for the environment. As the campaign gathers momentum, the shelter is turning from an attraction into a movement, showing devotees that devotion shines brightest when it is paired with purity, awareness and a cleaner tomorrow.
     

  • Urvashi Sharma joins Havas Play, bringing digital flair to experiential marketing

    Urvashi Sharma joins Havas Play, bringing digital flair to experiential marketing

    MUMBAI:  Urvashi Sharma has announced her move to Havas Play, taking on the role of associate vice president. This appointment marks a significant step in Sharma’s career, transitioning her extensive digital advertising sales experience into the realm of experiential marketing. 

    Sharma’s career boasts a strong track record in digital advertising sales, with significant tenures at MX Player and Zee5. At MX Player, she held various roles, including LCS lead: north and regional manager, demonstrating her expertise in strategy, account management, and business development. Her time at Zee5 as a business partner: north LCS further solidified her skills in digital brand solutions and strategic partnerships.

    Prior to her digital media roles, Sharma gained experience in brand solutions and events management at Bennett Coleman and Co Ltd. (Times group), askme.com, The Walt Disney Co, BloombergUTV, and Fever FM (HT Media Ltd.). These positions honed her abilities in client relations, negotiation, and large-scale event management. Her foundational experience includes a stint as a relationship specialist at Genpact

  • OTTplay Changemakers Awards 2024 to honour trailblazers of south Indian cinema

    OTTplay Changemakers Awards 2024 to honour trailblazers of south Indian cinema

    Mumbai: OTTplay, an OTT App and AI-based recommendation engine platform is set to unveil the second edition of the OTTplay Changemakers Awards on 26 October 2024, at the prestigious Taj Coromandel in Chennai. The highly anticipated event will shine the spotlight on the South Indian entertainment industry, honouring the individuals and creative minds who have driven innovation and transformation across OTT platforms and cinema.

    Building on the success of the inaugural edition in 2023, which celebrated disruptors from across the Indian film industries, the 2024 awards will focus exclusively on the thriving Tamil, Telugu, Kannada, and Malayalam cinema industries. As south Indian films continue to break barriers with groundbreaking storytelling and commercial success, this year’s event will bring together visionaries from these vibrant industries.

    The awards ceremony will felicitate winners in about 35 categories, with special emphasis on the awards for disruptive star, most versatile performer and inspiring actor, across the four south industries, along with celebrating the pioneers of the industry. These categories, for both male and female talents, will highlight the creativity, versatility and social impact made by those who have left a lasting impression in both OTT and traditional cinema.

    OTTplay co-founder & CEO Avinash Mudaliar said, “The OTTplay Changemakers Awards is not just about recognizing talent; it’s about celebrating the power of storytelling to bring about real change. This year, with our exclusive focus on South Indian cinema, we’re honouring individuals who have pushed creative boundaries and inspired audiences globally. We are proud to continue the legacy started last year, now showcasing the incredible contributions of South Indian storytellers.”

    In addition to individual recognitions, the awards will spotlight two categories: ‘voice of change’ and ‘cinema for change’, which will honour contributions toward social causes such as supporting animal welfare and highlight the industry’s commitment to social responsibility.

    Just like last year, the credibility and transparency of the OTTplay Changemakers Awards are maintained through an editorially driven process led by OTTplay and Hindu Tamil Thisai, ensuring that each winner is thoughtfully selected and deserving of the recognition they receive.

    The event is supported by prestigious partners, including the Vedanta Anil Agarwal Foundation as the presenting sponsor and Hindu Tamil Thisai as a media partner. The excitement of the awards will reach a broader audience as the event will be streamed on Zee5, the official streaming partner, with Fever FM as the radio partner.

  • Universal Music India’s Revibe presents “#BreakoutStar”

    Universal Music India’s Revibe presents “#BreakoutStar”

    Mumbai: Universal Music India proudly announces the launch of “#BreakoutStar,” a brand-new talent hunt to discover India’s next singing sensation. This talent hunt will offer aspiring artists a global stage to shine.

    With a rich catalogue spanning chart-toppers, classics, and contemporary hits that resonate across generations, UMG India has always been at the forefront of honing new talent. Now, with a sponsorship from YouTube Shorts UMG India is set to propel the stars of tomorrow into a much-deserved limelight.

    Renowned music stars Amit Trivedi and Aastha Gill will headline the panel of judges for “#BreakoutStar,” adding their valuable expertise and insight to the whole initiative. The talent hunt will span over 3 months, promising an exciting journey spanning various stages. The winner of #BreakoutStar will receive a slew of prizes – namely a one-year contract with Universal Music India, a music video opportunity, and a home studio setup!

    In a subtle nod to the partnership, Fever FM, the radio partner for “#BreakoutStar,” will showcase the top five contestants on their show Soundbox, amplifying their reach and exposure across their listeners.

    Speaking about the initiative, Universal Music India & South Asia EVP & head of content Sanujeet Bhujabal commented, “The Breakout Star property in partnership with Universal Music India and YouTube Shorts is an exciting initiative to find the next singing star using the power of catalog.  This initiative is a part of the catalog re-surfacing exercise under the REVIBE brand of Universal Music. UMI has always been about keeping the artists front and centre – and the next big artist can be found anywhere – from the biggest of metros to the smallest of towns. Youtube Shorts, which averages over 70 billion daily views globally, has fast emerged as a key short video tool for artists to express themselves and connect with fans. The collaboration of both these entities is a natural fit, as we leverage off each other in fashioning a narrative that enables budding artistes from absolutely anywhere in the world, to get a well-deserved platform to showcase their talent.”

    Additionally, YouTube director, music partnerships (India, South Asia & SEA) Pawan Agarwal expressed excitement, stating, “At YouTube Shorts, we’re committed to empowering emerging artists and creators by offering them a stage to exhibit their unique talent and creativity to audiences across the world. By supporting UMG India with ‘#BreakoutStar’, we not only want to help breakthrough exceptional musical talent but also celebrate creativity in India’s vibrant digital landscape. “

    Talking about #BreakoutStar, judge Amit Trivedi shared, “We have talent in every corner of our country. With #BreakoutStar, we aim to discover such unexplored singing talents from the comfort of their own places. There have been numerous talent hunts over the years, but #BreakoutStar stands out uniquely as it offers an opportunity for literally anyone to participate ! Aastha and I are extremely excited to chair the judging panel for this unique show and can’t wait to hear the entries!”

    Expressing her excitement, Aastha Gill added, “#BreakoutStar is an incredible platform for artists to shine and showcase their talent as many of them go undiscovered due to the unavailability of resources. #BreakoutStar is one such opportunity for those dreams to come true at their own convenience. We are super thrilled to see what India has in store for us!”

    “#BreakoutStar” is poised to redefine the music landscape, ushering in a new era of talent and creativity.

    Mark your calendars for this groundbreaking initiative, as India’s brightest stars prepare to take center stage.

  • Delhi Capitals & Fever FM celebrates Children’s Day with visually impaired kids from Saksham

    Delhi Capitals & Fever FM celebrates Children’s Day with visually impaired kids from Saksham

    Mumbai: The JSW and GMR co-owned franchise Delhi Capitals, along with its Radio partner Fever FM, celebrated Children’s Day with visually impaired kids from Saksham, an NGO dedicated to the welfare and empowerment of individuals with visual impairment. To mark Children’s Day, team DC & team Fever conceptualised ‘Ek Roshni: An Audio Drama Festival’ at the radio station’s headquarters.

    The audio drama, narrated by actors Ajay Devgn and Ashutosh Rana, featured captivating tales from India’s freedom struggle and was curated for visually impaired children aged 8-16.

    Speaking on the occasion, Saksham IT head and sports coordinator Hari Narayan said, “This concept of an audio drama is really great, it allows individuals with visual impairment to enjoy the experience equally as those with clear vision. I think the kids really enjoyed it. It’s a festive season, and the timing of this celebration was ideal. We closely follow Delhi Capitals, we have some great talent in sports at Saksham. We’re thankful to Delhi Capitals and Fever FM for this great initiative.

    Delhi Capitals is deeply humbled and grateful to have had the opportunity to interact with students and staff from Saksham and bring a smile on their faces on the occasion of Children’s Day.

  • FM Radio revenues witness seasonal slump in Q4-16, Q1-17

    FM Radio revenues witness seasonal slump in Q4-16, Q1-17

    BENGALURU: Generally the Indian private FM industry witnesses a quarter-over-quarter (q-o-q) advertisement (ad) revenue slump in the first quarter of every year (Q1, quarter ended 30 June), which may sometimes carry over to the second quarter (Q2, quarter ended 30 September) of the fiscal. Since fiscal 2014, the industry has also seen fourth quarter (Q4, quarter ended 31 March) revenue slumps. Continuing the trend, private FM in India has seen a drop in revenue for quarters ended 31 March 2016 (Q4-16) and 30 June 2016 (Q1-17). As mentioned above trend was noticed Q4-14 and Q1-15 onwards, when the country held general elections and political parties used this so very local medium to garner votes.

    As per data released by the Telecom Regulatory Authority of India (TRAI), for Q1-17, 244 radio stations had consolidated ad revenues of Rs 468.08 crore, down 9.81 percent q-o-q as compared to the Rs 514.75 crore reported by 242 stations in Q4-16. The last quarter of the previous fiscal also saw ad revenue decline of 4.35 percent from Rs 533.70 crore reported for its immediate quarter that ended on 31 December 2015 (Q3-15).

    Please refer to Figure A below for FM Radio Ad Revenue over a five year plus period spanning a 21 quarter period starting with the quarter ended 30 June 2011 (Q1-12) until the quarter ended 30 September 2016 (Q1-17) as per TRAI data. The amounts are in Rs crore and rounded off to the nearest decimal place.

    public://f1.jpg

    As is obvious from the red dots on the chartabove, Q1-12, Q1-13, Q1-14, Q1-15, Q1-16 and Q1-17 have all seen q-o-q revenue drops, as have Q4-14, Q4-15 and as mentioned above- Q4-16.

    Figure B below shows the q-o-q and year-over-year FM Radio Ad revenue trends. Generally y-o-y, revenues have been higher across all quarters in the period under consideration in this report, except for Q3-12 that saw a y-o-y ad revenue decline. For Q3-11, TRAI Indicator Reports mentioned ad revenue of Rs 284.88 crore from 227 radio stations or an average revenue of Rs 1.25 crore per station, as compared to ad revenue per station of Rs 1.20 crore for Q3-12.

    public://f2.jpg

    Conclusion

    Overall, despite the year-end andnew fiscal drops, ad revenues as well as ad revenues per station show a linear increasing trend as more and more advertisers have begun to understand the value proposition this very local medium with a pan-India footprint can offer. Further, the third quarter of the fiscal (Q3, quarter ended 31 December) is also the festival quarter of the year in India – a sweet quarter as far as the radio industry is concerned. The industry should see revenues rising in Q3-17.

     A few of the companies such as JagranPrakashan that has large networks like Radio City and Entertainment Network India Limited (ENIL) which has the Radio Mirchi network in the country have already started operations of the new stations that they obtained in the FM Phase 3 auctions. The revenue of the new stations acquired in phase 3 auctions by other players such as Reliance Broadcast Network Limited (RBNL, Big FM) and HT Media Limited (Hindustan Times fame, Fever FM) if/once they start operations this fiscal, the radio industry should report substantial revenue increases. Profitability may take a hit initially, but over time that too is bound to change for the better.

    Results for the quarter ended 30 September 2016 of companies whose financials are within the public domain can at the most be termed a mixed bag. While ENIL has reported a growth in revenue, its profit after tax – both on a y-o-y and a q-o-q basis have been hit with a70.3 percent y-o-y decline and a51.7 percent q-o-q decline.

    ENIL won 17 stations in Phase 3 auctions and has launched 4 new stations in Q2-17 – at Chandigarh, Ahmedabad, Surat and Jaipur. Earlier the company had launched Bengaluru, Guwahati, Hyderabad and Kochi stations. Bengaluru wasRadio Mirchi’s first launch in the second frequencies network.

    However, ENIL managing director and CEO Prashant Panday is upbeat. In ENIL’s Q2-17 results press release he said, “We have stepped up marketing spends and early research indicates that we have made a strong start and in fact have become leaders in key markets. I am confident this will translate into a stronger business in the years ahead!”

    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.

     

  • FM Radio revenues witness seasonal slump in Q4-16, Q1-17

    FM Radio revenues witness seasonal slump in Q4-16, Q1-17

    BENGALURU: Generally the Indian private FM industry witnesses a quarter-over-quarter (q-o-q) advertisement (ad) revenue slump in the first quarter of every year (Q1, quarter ended 30 June), which may sometimes carry over to the second quarter (Q2, quarter ended 30 September) of the fiscal. Since fiscal 2014, the industry has also seen fourth quarter (Q4, quarter ended 31 March) revenue slumps. Continuing the trend, private FM in India has seen a drop in revenue for quarters ended 31 March 2016 (Q4-16) and 30 June 2016 (Q1-17). As mentioned above trend was noticed Q4-14 and Q1-15 onwards, when the country held general elections and political parties used this so very local medium to garner votes.

    As per data released by the Telecom Regulatory Authority of India (TRAI), for Q1-17, 244 radio stations had consolidated ad revenues of Rs 468.08 crore, down 9.81 percent q-o-q as compared to the Rs 514.75 crore reported by 242 stations in Q4-16. The last quarter of the previous fiscal also saw ad revenue decline of 4.35 percent from Rs 533.70 crore reported for its immediate quarter that ended on 31 December 2015 (Q3-15).

    Please refer to Figure A below for FM Radio Ad Revenue over a five year plus period spanning a 21 quarter period starting with the quarter ended 30 June 2011 (Q1-12) until the quarter ended 30 September 2016 (Q1-17) as per TRAI data. The amounts are in Rs crore and rounded off to the nearest decimal place.

    public://f1.jpg

    As is obvious from the red dots on the chartabove, Q1-12, Q1-13, Q1-14, Q1-15, Q1-16 and Q1-17 have all seen q-o-q revenue drops, as have Q4-14, Q4-15 and as mentioned above- Q4-16.

    Figure B below shows the q-o-q and year-over-year FM Radio Ad revenue trends. Generally y-o-y, revenues have been higher across all quarters in the period under consideration in this report, except for Q3-12 that saw a y-o-y ad revenue decline. For Q3-11, TRAI Indicator Reports mentioned ad revenue of Rs 284.88 crore from 227 radio stations or an average revenue of Rs 1.25 crore per station, as compared to ad revenue per station of Rs 1.20 crore for Q3-12.

    public://f2.jpg

    Conclusion

    Overall, despite the year-end andnew fiscal drops, ad revenues as well as ad revenues per station show a linear increasing trend as more and more advertisers have begun to understand the value proposition this very local medium with a pan-India footprint can offer. Further, the third quarter of the fiscal (Q3, quarter ended 31 December) is also the festival quarter of the year in India – a sweet quarter as far as the radio industry is concerned. The industry should see revenues rising in Q3-17.

     A few of the companies such as JagranPrakashan that has large networks like Radio City and Entertainment Network India Limited (ENIL) which has the Radio Mirchi network in the country have already started operations of the new stations that they obtained in the FM Phase 3 auctions. The revenue of the new stations acquired in phase 3 auctions by other players such as Reliance Broadcast Network Limited (RBNL, Big FM) and HT Media Limited (Hindustan Times fame, Fever FM) if/once they start operations this fiscal, the radio industry should report substantial revenue increases. Profitability may take a hit initially, but over time that too is bound to change for the better.

    Results for the quarter ended 30 September 2016 of companies whose financials are within the public domain can at the most be termed a mixed bag. While ENIL has reported a growth in revenue, its profit after tax – both on a y-o-y and a q-o-q basis have been hit with a70.3 percent y-o-y decline and a51.7 percent q-o-q decline.

    ENIL won 17 stations in Phase 3 auctions and has launched 4 new stations in Q2-17 – at Chandigarh, Ahmedabad, Surat and Jaipur. Earlier the company had launched Bengaluru, Guwahati, Hyderabad and Kochi stations. Bengaluru wasRadio Mirchi’s first launch in the second frequencies network.

    However, ENIL managing director and CEO Prashant Panday is upbeat. In ENIL’s Q2-17 results press release he said, “We have stepped up marketing spends and early research indicates that we have made a strong start and in fact have become leaders in key markets. I am confident this will translate into a stronger business in the years ahead!”

    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.

     

  • Q3-2015: Radio companies y-o-y operating results up 49.7%; YTD up 61.9%

    Q3-2015: Radio companies y-o-y operating results up 49.7%; YTD up 61.9%

    BENGALURU: Q3-2015 has been a great quarter and 9M-2015 even better for the radio industry as is evident from the PAT /Operating results posted for six radio groups representing 90 radio stations or 36.7 per cent of the 245 private FM radio stations universe under phases I and II in India. 

     

    This report considers PAT posted by two radio companies (ENIL – Radio Mirchi, 33 radio stations; Jagran Prakashan – Radio City – 20 radio stations) that equals 53 radio stations or 21.6 per cent of the current total universe in the country and 58.9 per cent of the radio stations considered here. If one were to consider only the operating results of these companies, the operating profitability numbers would be even higher. Also, figures for Radio City are not exact and have been rounded off, as is evident from the figures mentioned by Jagran Prakashan in its various filings with the bourses and investor presentations.

     

    Operating results for radio segments of three of the four other companies – DB Corp (My FM-17 stations), B.A.G Films (Radio Dhamaal, 10 stations) and HT Media (Fever FM, four stations) have shown improvement, with TV Today’s Oye FM (six stations) being only one that has shown income de-growth but has reported a reduction of operating loss from Rs 2.90 crore in Q3-2014 to a lower loss of Rs 1.94 crore in the current quarter.

     

    There is a deviation in this report from normal practise – PAT numbers of the two companies that have indicated them separately have been combined with the operating results of the other four companies here to arrive at the total numbers considered here, which makes this not completely an apples to apples story. 

     

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

     

    Total income reported by the six radio groups for Q3-2015 at Rs 233.60 crore was 18.7 per cent more y-o-y as compared to the Rs 196.76 crore. Operating Profit/PAT for Q3-2015 at Rs 67.83 crore was 49.7 per cent more as compared to the Rs 45.30 crore reported for Q3-2014. 

     

    For 9M-2015, income reported by the six groups for radio operations was Rs 631.05 crore, which was 19.2 per cent more than the Rs 529.44 crore in 9M-2014, while Operating Profit/PAT in 9M-2015 at Rs 151.73 crore was 61.9 per cent more than the Rs 93.72 crore reported for last year’s corresponding nine month period.

     

    Q3-2015 and 9M-2015 growth rates of revenue and PAT/results reported by these companies are also definitely better than those reported for FY-2014 (year ended 31 March, 2014) when compared to FY-2013 (year ended 31 March, 2013). For FY-2014, combined revenue reported by the six radio groups was Rs 739.64 crore, which was 12.2 per cent higher than the Rs 659.23 crore in FY-2013. PAT/Operating result for FY-2014 was Rs 154.22 crore, which was 46.3 per cent more than the Rs 105.45 crore in FY-2013. 

     

    It must be pointed out here that the biggest player in terms of revenues as well as performance in this list of six radio players is ENIL or Radio Mirchi. In Q3-2015, ENIL’s revenue of Rs 116.98 crore formed 50.1 per cent of the total revenue of Rs 233.60 reported by all the six listed players in that quarter and its PAT of Rs 32.84 crore is 48.4 per cent of the performance (PAT/Operating profit reported) by the six players.

     

    ENIL’s income and PAT in Q3-2015 were 18.7 per cent higher and 40.9 per cent more than the income and PAT respectively reported by the company for the corresponding year ago quarter, albeit equal to and lower when compared to the six companies revenue and PAT that grew 18.7 per cent  and 49.7 per cent respectively.

     

    For Q3-2015, Radio Dhamaal showed the largest y-o-y revenue growth of 173.8 per cent to Rs 2.43 crore from Rs 0.89 crore in the corresponding year ago quarter while Radio City reported the largest growth in PAT of 147.8 per cent to Rs 17.10 crore in Q3-2015 from Rs 6.90 crore reported in the corresponding year ago quarter. As a matter of fact, Radio Dhamaal has shown a good a turnaround during 9M-2015 with an operating profit of Rs 1.12 crore as compared to a loss of Rs 2.08 crore in 9M-2014. 

     

    The lowest y-o-y growth in revenue was actually de-growth or fall in revenue of 8.5 per cent by Oye FM in Q3-2015 at Rs 4 crore as compared to the Rs 4.37 crore in Q3-2014. 

  • Hindustan Media Ventures reports 32 per cent higher PAT in FY-2014

    Hindustan Media Ventures reports 32 per cent higher PAT in FY-2014

    BENGALURU: Hindi newspaper ‘Hindustan’, Hindi socio cultural magazine ‘Kadambini’ and children’s Hindi magazine ‘Nandan’ publishers Hindustan Media Ventures Limited (HMVL – not to be confused with HT Media Limited of Hindustan Times, Mint and Fever FM fame) reported a 31.58 per cent growth in PAT at Rs111.21 crore (15.24 per cent of Income from Operations or Op Inc) in FY-2014, as compared to the Rs 84.52 crore (13.28 per cent of Op Inc) in FY-2013.

     

    Note: Rs 100 lakh = Rs100,00,000 = Rs 1 crore = Rs 10 million

     

    HMVL chairperson Shobhana Bhartia said, “We are glad to close the year with a strong growth in revenue and profitability. While our pricing initiatives have contributed to top-line growth, our sustained cost control measures have ensured an increase in profitability despite rising input costs.”

     

    “This year’s performance also reaffirms Hindustan’s dominance in Bihar and Jharkhand and its stature as the fastest growing daily in Uttar Pradesh and Uttarakhand. With a strong brand, growing readership, and healthy balance sheet, we are confident that we will continue to deliver value to our shareholders,” added Bhartia.

     

    Let us look at the other main numbers reported by HMVL for Q4-2014 and FY-2014

     

    HMVL PAT in Q4-2014 at Rs 27.21 crore (14.80 per cent of Op Inc) was (-5.21) per cent lower than the immediate trailing quarter Q3-2014 PAT of Rs 28.79 crore (15.26 per cent of Op Inc, but 19.87 per cent more than the year ago quarter Q4-2013 PAT of Rs 22.70 crore (14.61 per cent of Op Inc).

     

    HMVL reported slightly lower Op Inc in Q4-2014 at Rs183.18 crore (-2.53 per cent lower) than the Rs188.65 crore in Q3-2014, but 18.32 per cent higher than the Rs155.41 crore in Q3-2013.

     

    For FY-2014, HMVL Op Inc at Rs 729.72 crore was 14.69 per cent higher than the Rs 636.27 crore in FY-2013.

     

    HMVL Total Expense in Q4-2014 at Rs155.58 crore was (-1.09) per cent lower than the Rs157.30 crore in Q3-2014 and 18.52 per cent more than the Rs131.27 crore in Q4-2013. In FY-2014, Total Expense at Rs 600.04 crore was 10.02 per cent more than the Rs 545.41 crore in FY-2013.

     

    Raw materials constitute almost half of HMVL’s Total Expense. The company spent Rs 80.76 crore (51.91 per cent of Total Expense) in Q4-2014 which was 0.16 per cent more q-o-q than the Rs 80.63 crore (51.26 per cent of Total Expense) in Q3-2013 and 27.52 per cent more y-o-y than the Rs 63.33 crore (48.24 per cent of Total Expense) in Q4-2013. In FY-2013, the company spent Rs 300.44 crore towards raw materials (50.07 per cent of Total expense) which was 13.47 per cent more than the Rs 264.78 crore (48.55 per cent of Total Expense).

     

    The company says that EBITDA increased by 29 per cent to Rs 181.8 crore from Rs 141 crore primarily due to growth in advertising and circulation revenues.

     

    It says that growth was partially offset by increase in consumption of raw materials due to increase in newsprint price and consumption.

     

    It saw an 8 per cent increase in employee costs to Rs 86.6 crore from Rs 80.4 crore; a  7 per cent increase in other expenditure to Rs 191.4 crore from Rs 178.7 crore due to increase in advertising and sales promotions expense.