ITV

Tag: Gadgets360.com

  • NDTV reports profit for fourth quarter

    MUMBAI: NDTV Group has recorded a net profit of Rs. 5 crore for the quarter compared to a loss of Rs. 1 crore in the same quarter previous year.

    NDTV Group’s costs as a part of strategic initiatives have gone down significantly by 17% from Rs. 164 crore in same quarter previous year to Rs. 137 crore in the current quarter.

    The EBITDA has increased by Rs. 15.4 crore from Rs. 8.3 crore in same quarter previous year to Rs. 23.7 crore in the current quarter.

    NDTV’s Hindi news channel “NDTV India”, the only non-tabloid Hindi news channel in India, has made a profit of Rs.7 crore in this quarter.
     

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    NDTV Convergence, NDTV’s digital arm, has posted a 100% jump in net profit to Rs. 8 crore for the quarter compared to Rs. 4 crore in the same quarter previous year.

    NDTV.com now has 120 million unique visitors and page views exceeding 1 billion each month.

    Gadgets360.com (Red Pixels Ventures Ltd) had an operational break even (after tax in its first full year of operation before a one-off expense). Gadgets360’s content play continues to be the dominant player in gadget news and reviews, with more than twice the unique users compared with its nearest competitor.

  • NDTV’s revenue improves further in third quarter

    BENGALURU: Though New Delhi Television Limited (NDTV) reported lower year-on-year (y-o-y) numbers across all important parameters in the quarter ended 31 December 2017 (Q3-17, current quarter), the company’s quarter-over-quarter (q-o-q) numbers have improved further. NDTV’s consolidated Total Income from Operations (TIO, revenue) in the current quarter declined 10.9 percent y-o-y to Rs 132.20 crore from Rs 148.41 crore, but increased 7.2 percent q-o-q from Rs 123.31 crore.  The company’s Q2-17 revenue numbers were better than those in Q1-17.

    However, net loss in Q3-17 was higher both y-o-y and q-o-q. NDTV reported loss of Rs 18.49 crore in Q3-16; Rs 12.54 crore in Q3-16; and Rs 17.22 crore in the immediate trailing quarter Q2-17.

    NDTV had negative EBIDTA (operating loss) of Rs 6.67 crore in the current quarter; negative EBIDTA of Rs 4.45 crore in Q2-16; negative EBIDTA of Rs 3.64 crore in Q2-17.

    Segment numbers

    NDTV’s Television Media and related operations (Television) segment reported 12.4 percent y-o-y decline in revenue in Q3-17 at Rs 129,53 crore from Rs 147.86 crore but 7 percent more y-o-y as compared to Rs 121.03 crore. The segment’s operating loss has been mentioned above.

    Television segment reported higher loss at Rs 7.39 crore in the current quarter; Rs 3.44 crore in Q3-16 and Rs 3.94 crore for Q2-17, current quarter. as compared to the operating loss of Rs 8.41 crore during the corresponding quarter of the previous year (y-o-y).

    NDTV’s Retail/eCommerce (eCommerce) segment reported 2.3 percent y-o-y decline in revenue at Rs 3.76 crore from Rs 3.85 crore, but 17.5 percent q-o-q increase from Rs 3.20 crore in Q2-17.  The eCommerce segment reported lower y-o-y operating loss in Q3-17 at Rs 4.29 crore as compared to an operating loss of Rs 6.50 crore in Q3-16, and lower q-o-q than the Rs 4.98 crore in Q2-17.

    Let us look at the other numbers reported by NDTV

    Total Expenditure (TE) in the current quarter declined 9.4 percent y-o-y to Rs 144.92 crore (109.6 percent of TIO)  from Rs 159.89 crore (107.7 percent of TIO) but was 7.5 percent more  q-o-q than Rs 134.84 crore (109.4 percent of TIO).

    NDTV’s consolidated Production Expense (PE) reduced 5.8 percent y-o-y in Q3-17 to Rs 30.54 crore (23.1 percent of TIO) from Rs 32.43 crore (21.8 percent of TIO), but increased 3.1 percent q-o-q from Rs 28.62 crore (23.2 percent of TIO).

    The company’s Marketing, distribution and promotional expense (Marketing expense) in the current quarter reduced 35 percent y-o-y to Rs 22.44 crore (17 percent of TIO) from Rs 34.50 crore (23.2 percent of TIO) but increased 14.1 percent q-o-q from Rs 19.67 crore (16 percent of TIO).

    NDTV’s Employee Benefit Expense (EBE) in Q3-17 increased 8.1 percent y-o-y to Rs 54.85 crore (41.5 percent of TIO) from Rs 50.72 crore (34.2 percent of TIO) and increased 21.4 percent from Rs 45.19 crore (36.6 percent of TIO).

    Operating and administration expenses (Admin expenses) in Q3-17 reduced 8.2 percent y-o-y to Rs 31.76 crore (24 percent of TIO) from Rs 34.60 crore (23.3 percent of TIO) and reduced 8.5 percent q-o-q from Rs 34.71 crore (28.1 percent of TIO).

    Finance Costs in the current year increased 4.3 percent y-o-y to Rs 5.52 crore (4.2 percent of TIO) from Rs 5.29 crore (3.6 percent of TIO) and declined 16.7 percent q-o-q from Rs 6.63 crore (5.4 percent of TIO).

    NDTV’s Digital Business: www.ndtv.com

    The company says that Ndtv.com posted strong results with an EBITDA profit of Rs 7 crore vs 2 crore in the previous year, driven by revenues which grew by 25 percent y-o-y.

    NDTV’s Ecommerce Business: www.Gadgets360.com

    NDTV says that Gadgets 360 becomes profitable in third quarter after a break-even second quarter and posted a PAT of Rs. 73 lacs in Q3-17

    The total GMV Moved (marketplace e-commerce + Affiliate) since April 2016 – was Rs.100 crore

    NDTV claims that Gadgets 360 is now ranked among top 20 technology news websites in the world.

    Note: (1) 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.

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

     

  • DataWind introduces new 7-Inch Tablet PC in India, first to be Intel-powered

    DataWind introduces new 7-Inch Tablet PC in India, first to be Intel-powered

    NEW DELHI: A new Tablet PC i3G7 priced at Rs 5999 (approximately $90) has been introduced in the market by DataWind Inc.

    In addition to regular voice calling functionality, this 1.2 GHz Intel Quad Core X3 64 bit Processor tablet incorporates DataWind’s breakthrough Internet-delivery platform covered by 18 US and international patents allowing the devices to deliver the fastest mobile web experience on regular GSM-EDGE-based (or 2G) networks.

    This unique technology reduces bandwidth consumption by up to 97 per cent, allowing the delivery of web pages across even congested 2G networks in 5 to 7 seconds – with even faster speeds on 3G and 4G networks.

    The tablet comes with free one year internet browsing from Reliance Communications on prepaid GSM sim cards.

    Exemplifying great style combined with superior technology, the device aims to be the perfect companion for people who wants to stay connected while on the move. The tablet comes with the latest software offering seamless and enhanced user experience.

    The tablet will debut in the market with a partnership with gadgets360.com, the largest technology news and product review website in India, which recently launched an e-commerce website.

    Datawind CEO Suneet Singh Tuli said said, “With this new product, we are offering Indian consumers a unique combination of superior technology and unmatched style. Like its predecessors, the tablet offers the right mix of features and on-the-go connectivity.”
    “The launch of our new tablet reinforces our commitment to empower consumers with the best and most unique technology ata great value. Our low cost Internet-enabled products enable more people to join the digital age. Our focus on introducing technologically advanced devices at the most affordable prices is our way of contributing to the Digital India Vision,” added Tuli.

    The DataWind Tablet PC i3G7 comes with 8GB of built-in storage that is expandable via micro SD card – upto 32GB. It also has an Android Lollipop 5.1 and supports Wi-Fi, Bluetooth, and Micro-USB connectivity options. The tablet also supports 3G via SIM.

  • DataWind introduces new 7-Inch Tablet PC in India, first to be Intel-powered

    DataWind introduces new 7-Inch Tablet PC in India, first to be Intel-powered

    NEW DELHI: A new Tablet PC i3G7 priced at Rs 5999 (approximately $90) has been introduced in the market by DataWind Inc.

    In addition to regular voice calling functionality, this 1.2 GHz Intel Quad Core X3 64 bit Processor tablet incorporates DataWind’s breakthrough Internet-delivery platform covered by 18 US and international patents allowing the devices to deliver the fastest mobile web experience on regular GSM-EDGE-based (or 2G) networks.

    This unique technology reduces bandwidth consumption by up to 97 per cent, allowing the delivery of web pages across even congested 2G networks in 5 to 7 seconds – with even faster speeds on 3G and 4G networks.

    The tablet comes with free one year internet browsing from Reliance Communications on prepaid GSM sim cards.

    Exemplifying great style combined with superior technology, the device aims to be the perfect companion for people who wants to stay connected while on the move. The tablet comes with the latest software offering seamless and enhanced user experience.

    The tablet will debut in the market with a partnership with gadgets360.com, the largest technology news and product review website in India, which recently launched an e-commerce website.

    Datawind CEO Suneet Singh Tuli said said, “With this new product, we are offering Indian consumers a unique combination of superior technology and unmatched style. Like its predecessors, the tablet offers the right mix of features and on-the-go connectivity.”
    “The launch of our new tablet reinforces our commitment to empower consumers with the best and most unique technology ata great value. Our low cost Internet-enabled products enable more people to join the digital age. Our focus on introducing technologically advanced devices at the most affordable prices is our way of contributing to the Digital India Vision,” added Tuli.

    The DataWind Tablet PC i3G7 comes with 8GB of built-in storage that is expandable via micro SD card – upto 32GB. It also has an Android Lollipop 5.1 and supports Wi-Fi, Bluetooth, and Micro-USB connectivity options. The tablet also supports 3G via SIM.

  • Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down one per cent) year-on year (YoY) Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter). NDTV reported TIO of Rs 148.41 crore for Q3-2016 as compared to Rs 149.93 crore and 16.3 per cent higher QoQ growth as compared to Rs 127.60 crore.

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

    All numbers In this report are consolidated unless stated otherwise.

    The company reported a lower operating loss (EBIDTA) of Rs 4.45 crore in Q3-2016 as compared to an operating profit of Rs 13.44 crore (nine per cent margin) in Q3-2015 and an operating loss of Rs 10.91 crore in Q2-2016.

    The company reported a net loss of Rs 12.54 crore as compared to a profit after tax of Rs 1.58 crore (1.1 per cent margin) in Q3-2015 and a higher net loss of Rs 17.19 crore in the immediate trailing quarter.

    Television Media and related operations segment:

    Television Media and related operations (Television segment) also include numbers from the company’s Digital business. Television segment reported 2.2 per cent YoY revenue growth at Rs 147.96 crore as compared to Rs 144.74 crore and 18.1 per cent QoQ revenue growth and that of Rs 125.25 crore in the immediate trailing quarter.

    The segment reported operating loss of Rs 3.44 crore in the current quarter as compared to an operating profit of Rs 13.41 crore in Q3-2015 and a higher loss of Rs 8.41 crore in the immediate trailing quarter.

    Retail/E-Commerce segment:

    NDTV’s Retail/E-commerce segment reported lower revenue of Rs 3.85 crore in the current quarter as compared to Rs 6.06 crore in Q3-2015 and revenue of Rs 3.95 crore in Q2-2016. The segment reported a higher operating loss of Rs 6.50 crore in Q3-2016 as compared to an operating loss of Rs 6.02 crore in Q3-2015 and a higher operating loss of Rs 10.89 crore in Q2-2016.

    Let us look at the other numbers reported by NDTV:

    Total Expenditure (TE) in the current quarter increased 9.6 per cent YoY to Rs 159.89 crore (107.7 per cent of TIO) as compared to Rs 145.94 crore (97.3 per cent of TIO) and increased 7.5 per cent as compared to Rs 148.77 crore (116.6 per cent of TIO) in Q2-2016.

    NDTV’s consolidated Production Expense increased 6.3 per cent YoY to Rs 30.42 crore (20.5 percent of TIO) as compared to Rs 28.63 crore (19.1 per cent of TIO) and increased 7.5 per cent as compared  Rs 27.41 crore in Q2-2016.

    The company’s marketing, distribution and promotional expense (Marketing expense) in the current quarter increased 18.1 per cent YoY to Rs 36.50 crore (24.6 per cent of TIO) and increased 20.5 per cent as compared to Rs 30.28 crore (23.7 per cent of TIO) in the immediate trailing quarter. 

    NDTV’s Employee Benefit Expense increased 9.7 per cent YoY in the current quarter to Rs 50.72 crore (34.2 per cent of TIO) as compared to Rs 46.24 crore (30.8 per cent of TIO) and increased 6.5 per cent as compared to Rs 47.63 crore (37.3 per cent of TIO).

    Operating and administration expenses in Q3-2016 increased 24.8 per cent YoY to Rs 34.60 crore (23.3 per cent of TIO) as compared to Rs 27.73 crore (18.5 per cent of TIO) and grew 10.1 per cent QoQ as compared to Rs 31.42 crore (24.6 per cent of TIO).

    Finance Costs in the current quarter increased 4.8 per cent YoY to Rs 5.49 crore (3.6 per cent of TIO) as compared to Rs 5.05 crore (3.4 per cent of TIO) and increased 1.1 per cent QoQ as compared to Rs 5.23 crore (3.6 per cent of TIO).

    Company speak:

    The company says that two start-ups have been funded:

    BandBaajaa.com – designed to launch NDTV into the online wedding and festival planning market was funded by leading US venture capital firm CerraCap Ventures at a valuation of $20 million.

    SmartCooky.com – NDTV’s foray into creating an online marketplace for health foods & personal care products raised funding from VLCC founder Vandana Luthra and others at a valuation of $12 million.

    Gadgets360.com – NDTV’s Gadget Portal

    NDTV says Gadgets360’s e-commerce business clocked product sales of Rs 21 crore till January 2016 within two months of the launch while maintaining a positive contribution margin. NDTV says that Gadget360 shipped more than 20,000 gadgets during the aforesaid period.

  • Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    Q3-2016: NDTV’s YoY revenue flat, operating loss lower

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down one per cent) year-on year (YoY) Total Income from Operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter). NDTV reported TIO of Rs 148.41 crore for Q3-2016 as compared to Rs 149.93 crore and 16.3 per cent higher QoQ growth as compared to Rs 127.60 crore.

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

    All numbers In this report are consolidated unless stated otherwise.

    The company reported a lower operating loss (EBIDTA) of Rs 4.45 crore in Q3-2016 as compared to an operating profit of Rs 13.44 crore (nine per cent margin) in Q3-2015 and an operating loss of Rs 10.91 crore in Q2-2016.

    The company reported a net loss of Rs 12.54 crore as compared to a profit after tax of Rs 1.58 crore (1.1 per cent margin) in Q3-2015 and a higher net loss of Rs 17.19 crore in the immediate trailing quarter.

    Television Media and related operations segment:

    Television Media and related operations (Television segment) also include numbers from the company’s Digital business. Television segment reported 2.2 per cent YoY revenue growth at Rs 147.96 crore as compared to Rs 144.74 crore and 18.1 per cent QoQ revenue growth and that of Rs 125.25 crore in the immediate trailing quarter.

    The segment reported operating loss of Rs 3.44 crore in the current quarter as compared to an operating profit of Rs 13.41 crore in Q3-2015 and a higher loss of Rs 8.41 crore in the immediate trailing quarter.

    Retail/E-Commerce segment:

    NDTV’s Retail/E-commerce segment reported lower revenue of Rs 3.85 crore in the current quarter as compared to Rs 6.06 crore in Q3-2015 and revenue of Rs 3.95 crore in Q2-2016. The segment reported a higher operating loss of Rs 6.50 crore in Q3-2016 as compared to an operating loss of Rs 6.02 crore in Q3-2015 and a higher operating loss of Rs 10.89 crore in Q2-2016.

    Let us look at the other numbers reported by NDTV:

    Total Expenditure (TE) in the current quarter increased 9.6 per cent YoY to Rs 159.89 crore (107.7 per cent of TIO) as compared to Rs 145.94 crore (97.3 per cent of TIO) and increased 7.5 per cent as compared to Rs 148.77 crore (116.6 per cent of TIO) in Q2-2016.

    NDTV’s consolidated Production Expense increased 6.3 per cent YoY to Rs 30.42 crore (20.5 percent of TIO) as compared to Rs 28.63 crore (19.1 per cent of TIO) and increased 7.5 per cent as compared  Rs 27.41 crore in Q2-2016.

    The company’s marketing, distribution and promotional expense (Marketing expense) in the current quarter increased 18.1 per cent YoY to Rs 36.50 crore (24.6 per cent of TIO) and increased 20.5 per cent as compared to Rs 30.28 crore (23.7 per cent of TIO) in the immediate trailing quarter. 

    NDTV’s Employee Benefit Expense increased 9.7 per cent YoY in the current quarter to Rs 50.72 crore (34.2 per cent of TIO) as compared to Rs 46.24 crore (30.8 per cent of TIO) and increased 6.5 per cent as compared to Rs 47.63 crore (37.3 per cent of TIO).

    Operating and administration expenses in Q3-2016 increased 24.8 per cent YoY to Rs 34.60 crore (23.3 per cent of TIO) as compared to Rs 27.73 crore (18.5 per cent of TIO) and grew 10.1 per cent QoQ as compared to Rs 31.42 crore (24.6 per cent of TIO).

    Finance Costs in the current quarter increased 4.8 per cent YoY to Rs 5.49 crore (3.6 per cent of TIO) as compared to Rs 5.05 crore (3.4 per cent of TIO) and increased 1.1 per cent QoQ as compared to Rs 5.23 crore (3.6 per cent of TIO).

    Company speak:

    The company says that two start-ups have been funded:

    BandBaajaa.com – designed to launch NDTV into the online wedding and festival planning market was funded by leading US venture capital firm CerraCap Ventures at a valuation of $20 million.

    SmartCooky.com – NDTV’s foray into creating an online marketplace for health foods & personal care products raised funding from VLCC founder Vandana Luthra and others at a valuation of $12 million.

    Gadgets360.com – NDTV’s Gadget Portal

    NDTV says Gadgets360’s e-commerce business clocked product sales of Rs 21 crore till January 2016 within two months of the launch while maintaining a positive contribution margin. NDTV says that Gadget360 shipped more than 20,000 gadgets during the aforesaid period.