ITV

Tag: Limited

  • Raj TV reports flat q-o-q revenue for Q2-2013; 26 per cent lower q-o-q PAT

    Raj TV reports flat q-o-q revenue for Q2-2013; 26 per cent lower q-o-q PAT

    BENGALURU: Television network Raj Television Network Limited (Raj TV) reported almost flat revenue for Q2-2014 at Rs18.35 crore as compared to the Rs18.29 crore reported for Q1-2014. Y-o-y revenue was however higher by 12.3 per cent (about Rs 2.01 crore higher) than the Rs 16.34 crore for Q2-2013.
    Raj TV’s PAT for Q2-2014 at Rs 3.46 crore was about 26 per cent lower than the Rs 4.67 crore for Q1-2014, but 50 per cent higher than the Rs 2.31 crore y-o-y (Q2-2013).

    Despite a 23 per cent lower cost of revenues at Rs 5.18 crore for Q2-2014 as compared to the Rs 6.75 crore for Q1-2014 and lower by almost a third (32 per cent) cost of revenue for Q2-2013 at Rs 7.58 crore, higher employee benefits, higher depreciation and amortisation expense and elevated administrative expenses have increased the total expense by about two per cent to Rs 13.09 crore as compared to the Rs 12.85 crore for Q1-2013. Raj TV’s total expense at Rs 13.55 crore for Q2-2013 was higher by 3.3 per cent as compared to Q2-2014.

    Administrative cost at Rs 3.06 crore for Q2-2014 was a whopping 13.5 per cent more than the Rs 2.69 crore for Q1-2014 and almost 26 per cent more than the Rs 2.43 crore for Q2-2013.

    Further, the network paid almost 17 per cent higher finance cost at Rs 97.15 lakh (Rs 0.9715 crore) as compared to the Rs 83.34 lakh (Rs 0.8334 crore) for Q1-2014 and almost 28 per cent higher finance cost than the Rs 76.02 lakh (Rs 0.7602 crore) for Q2-2013.

  • Titan ties up with Italian motorcycle brand Ducati to sell its limited range

    Titan ties up with Italian motorcycle brand Ducati to sell its limited range

    NEW DELHI: In a novel marketing technique, the Titan brand of watches has tied up with Italian motorcycle brand Ducati to release a new range inspired by the technology and finesse of the Italian brand.

    The Titan Ducati collection comprises eight watches and will be available in Delhi, Bengaluru and Mumbai for the next eight to 12 months.

    Said to have been inspired by the naked Ducati bike models, the watches costing Rs 22,995 to Rs 26,995 have features like multiple piece case construction, stainless steel body, carbon fibre dials and fully automatic multifunction calibres.

    Titan will not sell these watches in volumes but expects to sell 5000 models, showcasing the features of Titan as a brand and a timepiece, along with the personality of Ducati.

    According to Titan Global marketing and product head Rajan Amba said, “Collaborations are nothing new for Titan that has in the past partnered with other brands as well. From cars to Marvel super heroes, Titan thrives on shared messaging and mutually beneficial alliances.”

    Referring to the high price, he said the look, feel and design intricacy of the movement and not the price mattered.

    Amba says “We are going to use outdoor publicity in Bangalore and Bombay, while in Delhi the focus would be print. We are choosing large hoardings and good locations.”

    Ducati Motor holding S.p.A B.U. director apparel & brand development Lucio Attin? said, “We are delighted that a great company such as Titan selected the brand Ducati to launch a new collection of sport inspired watches in India. This represents the confirmation that Ducati is more and more a global brand expressing the values of sport, style and performance, well beyond the boundaries of the motorcycle world.”