ITV

Tag: IPL team

  • IPL 2022: Mullen Lintas bags creative mandate for KKR

    IPL 2022: Mullen Lintas bags creative mandate for KKR

    Mumbai: Kolkata Knight Riders (KKR) has appointed Mullen Lintas as a communication partner for the cricket team’s creative mandate for Tata Indian Premier League (IPL) 2022. The creative agency will be responsible for delivering the campaign idea for the latest IPL season.

    The IPL is in its 15th season, and as the first runner-up of IPL 2021, it is important for KKR to show their fans that they are ready to return to the pitch with renewed energy, according to the team franchise.

    “KKR fans have always been the focus of our campaigns. We are fortunate to have one of the biggest fan communities that passionately root for the team,” remarked KKR CMO Binda Dey. “Our new campaign for this game season, designed by the Mullen Lintas team, aims to capture the frenzy and love our fans have always shown us unconditionally. We look forward to watching our fans cheer us on as they always have and have a great season together.”

    Mullen Lintas will be responsible for KKR’s campaign idea for IPL 2022, along with the brand film, on-ground and digital activations, and even KKR’s internal branding and team manifesto. The account will be handled from the Mumbai office. 

    “IPL is as much about the franchises and players as it is about fans. The game is incomplete without the latter,” commented Mullen Lintas executive director Priya Balan. “IPL is a shared space between the team’s players and their fans. Being the year of change and induction of new team members, our campaign for KKR seeks to strengthen and widen this beautiful bond with its large community of fans.”

  • Sun TV third quarter of 2017 numbers up

    BENGALURU: Sun TV Network Limited (Sun TV) reported improved numbers across all important parameters for the quarter ended 30 December 2016 (Q3-17, current quarter) as compared to the corresponding year ago quarter (Q3-16). The board of directors have declared an interim dividend of Rs 5 per equity share of Rs 5 each (100 percent) for the financial year 2016-17.

    Sun TV reported 2.8 percent higher year-over-year (y-o-y) revenue in the current quarter at Rs 589.43 crore as compared to Rs 573.24 crore in Q3-16.

    Revenue growth in Q3-17 was led by a 16.8 percent y-o-y increase in subscription revenue at Rs 241.94 crore from Rs 207.16 crore.

    The company’s Profit after tax or PAT in Q3-17 improved 11 percent y-o-y to Rs 240.09 crore (40.7 percent margin) as compared to Rs 216.33 crore (37.7 percent margin) in Q3-16.

    Sun TV EBIDTA in the current quarter was Rs 439.73 crore (74.6 percent EBIDTA margin), almost flat (0.6 percent higher) as compared to Rs 437.29 crore (76.3 percent EBIDTA margin) in Q3-16.

    Total Expenditure (TE) in the current quarter decreased 3.8 percent y-o-y to Rs 260.39 crore (44.2 percent of TIO) as compared to Rs 270.70 crore (47.2 percent of TIO) in the corresponding quarter of the previous year.

    Employee Remuneration and Benefits Expense (EBE) in Q3-17 increased 1.3 percent y-o-y to Rs 59.86 crore (10.2 percent of TIO) as compared to Rs 59.21 crore (10.3 percent of TIO) in Q3-16.

    Other expenses (OE) in the Q3-17 was 2.6 percent lower at Rs 36.06 crore (6.1 percent of TIO) as compared to Rs 37.04 crore (6.5 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The results of the nine month period ended 31 December 2016 (9M-17) include IPL revenue of Rs 143.90 crore as compared to Rs 96.96 crore in 9M-16 and costs of Rs 175.11 crore and Rs 153.21 crore for 9M-17 and 9M-16 respectively.

    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.

  • Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    MUMBAI: Sun TV Network Limited (Sun TV) reported 10.4 per cent growth in Total Income from Operations (TIO) and 19 percent growth in profit after tax (PAT) for the quarter ended 30 June 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter. 

    TIO in Q1-17 was Rs 760.83 crore as compared to Rs 689.45 crore in Q1-16. The company’s PAT in the current quarter was Rs 233.06 crore (30.6 percent PAT margin) in Q1-17 and was Rs 195.82 crore (28.4 percent PAT margin) in the corresponding quarter of the previous year.

    The company claims that its year-over-year (y-o-y) subscription revenue has gone up by approximately 22 percent in the current quarter to Rs 232.13 crore and its DTH subscription revenue has grown by 16 percent y-o-y.

    Sun TV EBIDTA in the current quarter was Rs 436.43 crore (57.4 percent EBIDTA margin) 7.2 percent higher as compared to Rs 406.93 crore (59 percent EBIDTA margin) in Q1-16.

    Total Expenditure (TE) in the current quarter increased 3 percent to Rs 425.17 crore (55.9 percent of TIO) as compared to Rs 412.69 crore (59 percent of TIO) in the corresponding quarter of the previous year.

    Employee Benefits Expense (EBE) in Q1-17 increased 10.6 percent to Rs 60.30 crore (7.9 percent of TIO) as compared to Rs 56.92 crore (10 percent of TIO) in Q1-16.

    Other expenses (OE) in the Q1-17 was 39.8 percent higher at Rs 128.96 crore (16/9 percent of TIO) as compared to Rs 92.22 crore (13.4 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The company says that it’s IPL franchisee’s income in Q1-17of Rs 144.04 crore as compared to Rs 96.55 crore in Q1-16.  Sun Risers Hyderabad has incurred costs of Rs 175.84 crore in the current quarter as compared to Rs 153.16 crore in Q1-16.

    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.

  • Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    Q1-17: Sun TV revenue up 10.4 percent, PAT up 19 percent

    MUMBAI: Sun TV Network Limited (Sun TV) reported 10.4 per cent growth in Total Income from Operations (TIO) and 19 percent growth in profit after tax (PAT) for the quarter ended 30 June 2016 (Q1-17, current quarter) as compared to the corresponding year ago quarter. 

    TIO in Q1-17 was Rs 760.83 crore as compared to Rs 689.45 crore in Q1-16. The company’s PAT in the current quarter was Rs 233.06 crore (30.6 percent PAT margin) in Q1-17 and was Rs 195.82 crore (28.4 percent PAT margin) in the corresponding quarter of the previous year.

    The company claims that its year-over-year (y-o-y) subscription revenue has gone up by approximately 22 percent in the current quarter to Rs 232.13 crore and its DTH subscription revenue has grown by 16 percent y-o-y.

    Sun TV EBIDTA in the current quarter was Rs 436.43 crore (57.4 percent EBIDTA margin) 7.2 percent higher as compared to Rs 406.93 crore (59 percent EBIDTA margin) in Q1-16.

    Total Expenditure (TE) in the current quarter increased 3 percent to Rs 425.17 crore (55.9 percent of TIO) as compared to Rs 412.69 crore (59 percent of TIO) in the corresponding quarter of the previous year.

    Employee Benefits Expense (EBE) in Q1-17 increased 10.6 percent to Rs 60.30 crore (7.9 percent of TIO) as compared to Rs 56.92 crore (10 percent of TIO) in Q1-16.

    Other expenses (OE) in the Q1-17 was 39.8 percent higher at Rs 128.96 crore (16/9 percent of TIO) as compared to Rs 92.22 crore (13.4 percent of TIO) in the corresponding quarter of the previous year.

    IPL Franchisee Sun Risers Hyderabad

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.48 crore in Q1-17 as compared to Rs 85.05 crore in the first quarter of FY-16.

    The company says that it’s IPL franchisee’s income in Q1-17of Rs 144.04 crore as compared to Rs 96.55 crore in Q1-16.  Sun Risers Hyderabad has incurred costs of Rs 175.84 crore in the current quarter as compared to Rs 153.16 crore in Q1-16.

    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.

  • Sun TV reports PAT of Rs 169.16 crore for Q2-2014; encores interim dividend

    Sun TV reports PAT of Rs 169.16 crore for Q2-2014; encores interim dividend

    BENGALURU: A media conglomerate with one of the largest Indian television networks, Sun TV Network Limited (Sun TV) reported a PAT of Rs 169.16 crore, up 11.5 per cent as compared to the PAT of Rs 151.65 crore for the corresponding quarter of last year (Q2-2013) and 2.9 per cent higher than the Rs 164.44 crore for the immediate preceding quarter, Q1-2014.

     

    Last quarter (Q1-2014), the board of directors of the company had declared an interim dividend of Rs 2.25 per share (45 per cent). This quarter the board has declared interim dividend of Rs 2.50 (50 per cent) per share of Rs 5 each.

     

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

     

    The company reported Rs 466.41 crore as income from operations for Q2-2014 up 7.6 per cent as compared to the Rs 433.34 crore for Q2-2013, and lower by 22.5 per cent as compared to the Rs 601.85 crore for Q1-2014. It must however be noted that Rs 98.54 crore revenue came from the company’s IPL franchisee Hyderabad Sunrisers in Q1-2013 as compared to the Rs 5.43 crore for Q2-2014.

     

    Sun TV reported a total turnover of Rs 504.21 crore for Q2-2013, up 13.8 per cent as compared to the Rs 44.95 crore for Q2-2013. The company had reported total turnover of Rs 615.24 crore including IPL Franchisee turnover for Q1-2014.

     

    Sun TV reported total expense of Rs 246.29 crore (NIL IPL franchisee fee) for Q2-2014, 12.9 per cent higher than the Rs 218.17 crore for Q2-2013, but 32.6 per cent lower than the Rs 365.59 crore (this includes IPL franchisee fee of Rs 85.05 crore) for Q1-2014. The expense of Rs 246.29 crore includes expense of Rs 8.51 crore of its Sunrisers Hyderabad IPL team.

     

    Of the major expense heads, Sun TV has reported Rs 48.27 crore as employee benefit expense for Q2-2014, as compared to the Rs 42.89 crore for the corresponding quarter last year and the Rs 44.21 crore for Q1-2014. Other expenditure at Rs 36.51 crore was almost a third more (32 per cent more) than the Rs 27.66 crore for Q2-2013 and less than half (49.4 per cent of) the Rs 73.94 crore for Q1-2014.

     

    The company has not reported the breakup of its revenue and expense as has been its norm in the past.