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  • Understanding Principal and Interest Breakdown with a Fixed Deposit Calculator

    Understanding Principal and Interest Breakdown with a Fixed Deposit Calculator

    For many years, fixed deposits (FDs) have been a trustworthy method for building your savings safely and sustainably. FDs provide guaranteed returns and do not require any market knowledge or risk-taking. However, understanding how much of your maturity amount is your deposit and how much is earned as interest is crucial for making a better-informed financial decision. Your maturity amount can look significantly more appealing when using a fixed deposit calculator, as it not only displays the current total returns but also breaks down the principal and interest very clearly.

    What Is a Fixed Deposit Calculator?

    A fixed deposit calculator is an online tool available on the websites of almost all banking and financial institutions. It requests some basic investment-related information, such as the amount you’re depositing, the interest rate, and the duration of the deposit. After entering this information, it quickly presents you with a breakdown of how much your final maturity is, how much interest you earned, and what share of that amount is in your total deposit.

    Why Principal and Interest Breakdown Matters

    Breaking down your fixed deposit into its components, such as principal and interest earned, is important for financial tracking and planning, and here’s why.

    1. Clarity on Actual Earnings

    Generally, when you deposit in an FD, it is easy to focus on your final maturity amount, but unless you break it down into interest earned, you, as an investor, have no idea how much your money earns. A fixed deposit calculator clearly shows you this. It separates your original investment from the interest, allowing you to see the actual growth.

    2. Better Goal Planning

    If you are saving for a specific goal, like a tuition fee or a gadget purchase, knowing the breakdown helps you judge whether the interest alone will cover your need, or whether you will have to dip into your principal. This way, the fixed deposit calculator allows you to set more precise financial targets and timelines.

    3. Tax Estimation

    Interest earned from fixed deposits is taxable. Understanding how much of your maturity amount is interest allows you to calculate your tax liability in advance. With the help of a fixed deposit calculator, you can plan your investments in a way that either keeps your earnings under the taxable limit or prepares you for tax-saving alternatives.

    4. Evaluation of Interest Rate Impact

    Even a small change in the interest rate can affect your earnings. The breakdown lets you see this difference in numbers. By adjusting the rate in the fixed deposit calculator, you can directly observe how your interest income changes. This helps in making smarter decisions about when and where to invest.

    5. Comparing Bank Offers More Effectively

    Many banks offer different rates and terms. Just looking at maturity value can be misleading if you don’t know what part of it is earned interest. The breakdown helps you compare the true earning potential of different offers. When you use a fixed deposit calculator, you can input various rates and tenures to find the best value for your deposit.

    6. Planning for Reinvestment

    If you plan to reinvest your FD amount, knowing how much of it is interest helps you decide whether to roll over only the interest or the full amount. A fixed deposit calculator provides you with this clarity in advance, which is essential for effective reinvestment planning and efficient cash flow management.

    How the Fixed Deposit Calculator Helps You Plan

    To use a fixed deposit calculator, you typically need to first enter your deposit amount. Next, you need to select the FD tenure (either in months or years). Then, you need to put in the interest rate offered by your bank. Finally, you need to select the interest payout frequency. This can be either monthly, quarterly, annually, or cumulatively at maturity. 

    Once you provide this data, the calculator gives you a summary that includes the total amount at maturity and the interest earned over the deposit tenure. It also shows your original investment (principal), to help you understand how much that amount has grown.

    Making the Most of This Tool

    1. Always check if the calculator allows for senior citizen rates, if applicable

    2. Compare results from different tenures and rates to find the best fit

    3. Save the breakdown or note it for use during tax filing or reinvestment

    4. Recalculate periodically if you are not investing immediately and want the most up-to-date figures

    Final Thoughts

    Using a fixed deposit calculator is not just about knowing how much you’ll get back—it’s about understanding exactly how your money is working for you. The detailed breakdown between your principal and interest ensures that you make every investment with full knowledge and control. It helps with tax planning, making smarter comparisons, and developing long-term financial strategies.

  • Network 18 PAT at Rs 114 million

    Network 18 PAT at Rs 114 million

    MUMBAI: Network18 Media & Investments (Network18) reported a marked improvement in its numbers for the quarter ended 31 December 2017. The consolidated revenue (net of revenue from joint ventures and associates) for the company declined marginally by 1.8 per cent year-on-year (yoy) to Rs 3660 million.

    With lower distribution and business promotion expenses, the company reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of Rs 77 million as against EBITDA loss of Rs 130 million in Q3FY18. Though other income grew significantly, the decline in EBITDA and higher tax outgo weighed down PAT. The company reported PAT of Rs 114 million against loss of Rs 778 million in the same quarter last year. 

    Network18 posted consolidated revenue of Rs 9690 million (including a proportionate share of JVs) in Q3 FY18, a 7 per cent yoy growth. The revival in growth in the broadcasting business was partially offset by a pullback in the TV shopping business.

    Media operations revenue (including a proportionate share of JVs) grew by 7.6 per cent yoy to Rs 9595 million. Revenue from film production segment declined by 18.0 per cent yoy to Rs 153 million.

    Led by cost control in TV shopping, margins of the broadcasting segment improved, thereby leading to a reduction in EBIT loss for the media operations segment to Rs317 million against EBIT loss of Rs778 million in Q3FY17. 

    Also Read:

    Network18 Digital hires Saregama’s Mudaliar as chief product officer

    GST ad deferrals hit Network 18 revenue in Q1-18

    Network18 emerges as the most viewed news network on youtube in india

  • Q2-17: Radio Mirchi revenue up 11.5 per cent

    Q2-17: Radio Mirchi revenue up 11.5 per cent

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL), which runs the Mirchi brand radio network in India,  reported 11.5 per cent increase in total Income from operations (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter). The company reported consolidated revenue of Rs 129.65 crore for the current quarter as compared to Rs 116.27 crore in the corresponding quarter of the previous fiscal. Quarter-on-quarter (q-o-q), revenue in Q2-17 also increased 17.1 per cent from Rs 110.76 crore in Q1-17.

    The company’s consolidated profit after tax (PAT) in Q2-17 declined by 70.3 per cent year-over-year (y-o-y) to Rs 8.05 crore (16.2 per cent margin) as compared to Rs 27.14 crore (23.3 per cent margin) and declined 51.7 per cent q-o-q from Rs 16.66 crore (15 per cent margin).

    Company Speak

    Commenting on the results, ENIL managing director and chief executive officer, Prashant Panday said, “It’s been a busy quarter for us! We are in the midst of many exciting launches; of core brand Mirchi in cities like Chandigarh, Guwahati and Kochi and our second brand, Mirchi Love in Ahmedabad, Surat, Jaipur and Lucknow. We are offering new innovative content and recruiting existing and new listeners. 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!”

    A look at the other numbers reported by Radio Mirchi

    ENIL’s consolidated Earnings before Interest, Depreciation, Taxes and Amortisation (EBIDTA, operating profit) for Q2-17 declined 39 per cent y-o-y to Rs 23.13 crore (17.8 per cent margin)  from Rs 37.94 crore (32.6 per cent margin) and declined 21.4 per cent q-o-q from Q1-17 at Rs 29.44 crore (26.6 per cent margin).

    ENIL total expense (TE) in Q2-17 increased 36.1 per cent y-o-y to Rs 120.50 crore (92.9 per cent of TIO) from Rs 88.57 crore (76.2 per cent of TIO), and increased 34.2 per cent q-o-q from Rs 89.79 crore (81.1 per cent of TIO).

    Programming and royalty expenses in the current quarter increased 42.9 per cent y-o-y to Rs 6.03 crore (4.6 per cent of TIO) from Rs 34.22 crore (3.6 per cent of TIO and increased 14.6 perc ent q-o-q from Rs 5.26 crore (4.7 per cent of TIO).

    License fee in Q2-17 increased 6.1 per cent y-o-y to Rs 8.31 crore (6.4 per cent of TIO) from Rs 7.83 crore (6.7 per cent of TIO) and increased 20.9 per cent q-o-q from Rs 6.87 crore (6.2 per cent of TIO).

    Employee Benefit Expense (EBE) in Q2-17 at Rs 26.86 crore (20.7 per cent of TIO) increased 21.7 per cent y-o-y from Rs 22.08 crore (19.0 per cent of TIO) and increased 6.6 per cent q-o-q from Rs 25.20 crore (22.8 per cent of TIO).

    Marketing expense in Q2-17 at Rs 32.58 crore (25.1 per cent of TIO) more than doubled (2.1 times) y-o-y and q-o-q from Rs 15.47 crore (13.3 per cent of TIO) and from Rs 11.29 crore (11.1  per cent of TIO) respectively.

    Other expenses in Q2-17 at Rs 32.73 crore (25.3 per cent of TIO) increased 13.9 per cent y-o-y from Rs 28.73 crore (24.7 per cent of TIO), and increased 14 per cent q-o-q from Rs 28.71 crore (25.9 per cent of TIO).

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

    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.

  • Q2-17: Radio Mirchi revenue up 11.5 per cent

    Q2-17: Radio Mirchi revenue up 11.5 per cent

    BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL), which runs the Mirchi brand radio network in India,  reported 11.5 per cent increase in total Income from operations (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter). The company reported consolidated revenue of Rs 129.65 crore for the current quarter as compared to Rs 116.27 crore in the corresponding quarter of the previous fiscal. Quarter-on-quarter (q-o-q), revenue in Q2-17 also increased 17.1 per cent from Rs 110.76 crore in Q1-17.

    The company’s consolidated profit after tax (PAT) in Q2-17 declined by 70.3 per cent year-over-year (y-o-y) to Rs 8.05 crore (16.2 per cent margin) as compared to Rs 27.14 crore (23.3 per cent margin) and declined 51.7 per cent q-o-q from Rs 16.66 crore (15 per cent margin).

    Company Speak

    Commenting on the results, ENIL managing director and chief executive officer, Prashant Panday said, “It’s been a busy quarter for us! We are in the midst of many exciting launches; of core brand Mirchi in cities like Chandigarh, Guwahati and Kochi and our second brand, Mirchi Love in Ahmedabad, Surat, Jaipur and Lucknow. We are offering new innovative content and recruiting existing and new listeners. 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!”

    A look at the other numbers reported by Radio Mirchi

    ENIL’s consolidated Earnings before Interest, Depreciation, Taxes and Amortisation (EBIDTA, operating profit) for Q2-17 declined 39 per cent y-o-y to Rs 23.13 crore (17.8 per cent margin)  from Rs 37.94 crore (32.6 per cent margin) and declined 21.4 per cent q-o-q from Q1-17 at Rs 29.44 crore (26.6 per cent margin).

    ENIL total expense (TE) in Q2-17 increased 36.1 per cent y-o-y to Rs 120.50 crore (92.9 per cent of TIO) from Rs 88.57 crore (76.2 per cent of TIO), and increased 34.2 per cent q-o-q from Rs 89.79 crore (81.1 per cent of TIO).

    Programming and royalty expenses in the current quarter increased 42.9 per cent y-o-y to Rs 6.03 crore (4.6 per cent of TIO) from Rs 34.22 crore (3.6 per cent of TIO and increased 14.6 perc ent q-o-q from Rs 5.26 crore (4.7 per cent of TIO).

    License fee in Q2-17 increased 6.1 per cent y-o-y to Rs 8.31 crore (6.4 per cent of TIO) from Rs 7.83 crore (6.7 per cent of TIO) and increased 20.9 per cent q-o-q from Rs 6.87 crore (6.2 per cent of TIO).

    Employee Benefit Expense (EBE) in Q2-17 at Rs 26.86 crore (20.7 per cent of TIO) increased 21.7 per cent y-o-y from Rs 22.08 crore (19.0 per cent of TIO) and increased 6.6 per cent q-o-q from Rs 25.20 crore (22.8 per cent of TIO).

    Marketing expense in Q2-17 at Rs 32.58 crore (25.1 per cent of TIO) more than doubled (2.1 times) y-o-y and q-o-q from Rs 15.47 crore (13.3 per cent of TIO) and from Rs 11.29 crore (11.1  per cent of TIO) respectively.

    Other expenses in Q2-17 at Rs 32.73 crore (25.3 per cent of TIO) increased 13.9 per cent y-o-y from Rs 28.73 crore (24.7 per cent of TIO), and increased 14 per cent q-o-q from Rs 28.71 crore (25.9 per cent of TIO).

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

    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.

  • Despite lower y-o-y revenue, Radaan reports higher PAT for Q2-2014

    Despite lower y-o-y revenue, Radaan reports higher PAT for Q2-2014

    BENGALURU: The R. Radhikaa Sharathkumar led south Indian television production house Radaan Mediaworks reported standalone revenue of Rs 7.39 crore and a PAT of Rs 0.20 crore for Q2-2014 as compared to revenue of Rs 8.92 crore and a PAT of Rs 0.188 crore for the corresponding quarter of last year. For Q1-2014, the company had reported revenue of Rs 7.63 crore and a PAT of Rs 0.183 crore.

     

    For FY-2013 (year ended March 31, 2013), Radaan had reported revenue of Rs 33.01 crore and a PAT of Rs 1.051 crore.

     

    Radaan’s EBIDTA however at Rs 0.661 crore was 14.2 per cent lower than the Rs 0.77 crore y-o-y, but 11.1 per cent higher than the Rs 0.595 crore for Q1-2014.

     

    Radaan’s expenditure for Q2-2014 at Rs 6.73 crore was 17 per cent lower than the Rs 8.14 crore for Q2-2013 and four per cent lower than the Rs 7.04 crore for the immediate trailing quarter Q1-2014.

     

    The company paid two per cent more towards interest at Rs.0.309 crore as compared to the Rs 0.303 crore for Q2-2013 and 15.7 per cent more than the Rs 0.267 crore for Q1-2014.

  • Hathway Q2-2014 y-o-y revenue up 68 per cent, loss returns after two quarters

    Hathway Q2-2014 y-o-y revenue up 68 per cent, loss returns after two quarters

    BENGALURU: Indian Multi Systems Operator (MSO) Hathway Cable & Datacom Limited (Hathway) reported net sales/income from operations of Rs 219.33 crore for Q2-2014, 68 per cent higher than the Rs 130.33 crore the company reported for Q2-2013, but 5.4 per cent lower than the Rs 231 crore for the immediate trailing quarter (Q1-2014).

     

    The company reported a net loss of Rs (-44.44) crore for Q2-2014, 35.26 times higher than the loss of Rs (-1.26 crore) for the corresponding period last year. Earlier, Hathway had reported positive PAT for two consecutive quarters, viz. Q1-2014 when it returned a positive PAT of Rs 5.32 crore and an even higher positive PAT of Rs 28.27 crore for Q4-2013. For FY-2013, the company had reported a net profit for the year from continuing operations of Rs 3.2 crore, while for FY-2012; the company had reported a loss of Rs 5.17 crore.

     

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

     

    Hathway’s EBIDTA for Q2-2014 at Rs 40.15 crore was 68.7 per cent more than the Rs 23.8 crore for Q2-2013, but almost half (52.1 per cent) of Rs 77.04 crore for Q1-2014.

     

    The MSO reported a loss before other income, interest and exceptional Items, and tax of Rs (-12.9) crore for Q2-2014, as compared to a loss of Rs (-5.39) crore for Q2-2013 and a profit of Rs 34.55 crore for Q1-2014.

     

    Hathway reported expense of Rs 233.19 crore (5.9 per cent more than the total income of Rs 220.28 crore) for Q2-2014, more than double (2.09 times)  the Rs 111.7 crore for Q2-2013 and about 17.8 per cent more than the Rs 198.01 crore for the immediate preceding quarter (Q1-2014).

     

    Harthway’s pay channel cost at Rs 68.3 crore was 75 per cent more than the Rs 39.05 crore for Q2-2013 and 16.8 per cent more than the Rs 58.45 crore for Q1-2014.

     

    Depreciation and amortisation expense at Rs 51.32 crore was 16.2 per cent more than the Rs 44.18 crore for Q2-2013 and 23.5 per cent more than the Rs 41.54 crore for Q1-2014.

     

    Another major expense head – Other expenses for Q2-2014 at Rs 98.12 crore was up 62.6 per cent as compared to the Rs 60.33 crore for Q2-2013 and 17.3 per cent more than the Rs 83.67 crore for Q1-2014.

     

    Hathway’s finance cost for Q2-2014 at Rs 23.71 crore more than tripled (was 3.25 times) the Rs 7.30 crore for Q2-2013 and was 9.7 per cent more than the Rs 21.61 crore for Q1-2014.

     

    Hathway reported a foreign exchange loss of Rs (-7.51) crore for Q2-2014 as compared to a gain of Rs 4.48 crore for Q2-2013 and a loss of Rs (-8.32) crore for the trailing quarter (Q1-2014).

     

    Revenue and results from the other segments was a minor fraction of the overall revenue.