ITV

Tag: Nandan

  • Q2-2016: 18% YoY ad revenue jump ramps Hindustan Media Ventures revenue 16%

    Q2-2016: 18% YoY ad revenue jump ramps Hindustan Media Ventures revenue 16%

    BENGALURU: An 18.2 per cent YoY increase in advertising revenue ramped up Hindustan Media Ventures Limited (HMVL) total revenue by 16.2 per cent during the quarter ended 30 September, 2015 (Q2-2016, current quarter).

     

    The publisher that publishes Hindi newspaper ‘Hindustan’, Hindi socio cultural magazine ‘Kadambini’ and children’s Hindi magazine ‘Nandan’ among others, reported ad revenue of Rs 168.1 crore in Q2-2016 as compared to the Rs 142.2 crore in Q2-2015 and Rs 162.1 crore (1.1 per cent QoQ growth) in Q1-2016. HMVL total revenue in the current quarter increased to Rs 245.9 crore as compared to Rs 211.6 crore in Q2-2015 and Rs 235.4 crore (4.5 per cent QoQ growth) in the immediate trailing quarter.

     

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

     

    Circulation revenue in Q2-2016 increased 7.6 per cent to Rs 53.4 crore as compared to the year ago quarter circulation revenue of Rs 49.6 crore and was flat (increased 0.1 per cent) as compared to the Rs 53.4 crore in Q1-2016.

     

    The company’s profit after tax (PAT) in the current quarter increased 43.1 per cent to Rs 45 crore (18.3 per cent margin) as compared to the Rs 31.5 crore (14.9 per cent margin) in Q2-2015 and increased eight per cent to Rs 41.7 crore (17.7 per cent margin) in the immediate trailing quarter.

     

    Total Expenditure in the current quarter increased eight per cent to Rs 180.19 crore as compared to the Rs 166.88 crore in Q2-2015 and was 3.1 per cent more than the Rs 174.72 crore in Q1-2016.

     

    Cost of raw materials consumed increased 1.2 per cent to Rs 85.75 crore in Q2-2016 as compared to the Rs 84.76 crore in Q2-2015 and increased 1.1 per cent as compared to the Rs 84.80 crore in Q1-2016.

     

    Employee Benefit Expense (EBE) increased 15.9 per cent to Rs 29.88 crore in Q2-2016 as compared to Rs 25.77 crore in the corresponding year ago quarter and increased four per cent as compared to the Rs 28.72 crore in Q1-2016.

     

    Company speak

     

    HMVL chairperson Shobana Bhartia said, “We are glad to report another quarter of strong growth in revenue and profits despite significant macroeconomic stress. The quarter witnessed healthy growth in advertising revenue across verticals. We also saw an increasing share of local business across all our markets. And lower raw material prices and a benign rupee continue to boost profitability. We have the momentum and expect to continue on the growth path as we move forward.”

  • Hindustan Media Ventures y-o-y PAT up 23%; ad & circulation revenue grows

    Hindustan Media Ventures y-o-y PAT up 23%; ad & circulation revenue grows

    BENGALURU: Hindi newspaper ‘Hindustan’, Hindi socio cultural magazine ‘Kadambini’ and children’s Hindi magazine ‘Nandan’ publishers Hindustan Media Ventures Limited reported 23.1 per cent increase in profit after tax (PAT) to Rs 41.71 crore (18.6 per cent of Total Income from Operations or TIO) in the quarter ended 30 June, 2015 (Q1-2016) from Rs 33.88 crore (16.1 per cent of TIO) in Q1-2015 and 7.1 per cent more than the Rs 38.94 crore (19.3 per cent of TIO) in Q4-2015. (HMVL – not to be confused with HT Media Limited of Hindustan Times, Mint and Fever FM fame).

     

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

     

    Advertising and Circulation Revenue:

     

    HMVL advertisement revenue in the current quarter increased 6.9 per cent to Rs 166.2 crore from Rs 155.50 crore in Q1-2015 and 13.4 per cent more than the Rs 146.60 crore in the immediate trailing quarter. Circulation revenue in Q1-2016 increased 8.3 per cent to Rs 53.40 crore from Rs 49.30 crore in Q1-2015 and 5.1 per cent more than the Rs 50.80 crore in Q4-2015.

     

    Let us look at the other results reported by HMVL:

     

    The company reported 6.5 per cent increase in TIO in the current quarter to Rs 233.72 in Q1-2016 crore as compared to the Rs 210.03 crore in Q1-2015 and 10.7 per cent more than the Rs 199.3 Q4-2015.

     

    The company’s total expenditure (TE) in Q1-2016 at Rs 174.72 crore was up 0.8 per cent from Rs 173.32 crore in Q1-2015 and was seven per cent more than the Rs 163.3 crore in Q4-2015.

     

    A major component of HMVL’s TE is cost of raw materials (RM). In Q1-2016, HMVL’s RM cost at Rs 84.80 crore was 2.3 per cent lower than the Rs 86.81 crore in Q1-2015 and was 7.2 per cent more than the Rs 79.14 crore in Q4-2015. 

     

    The company’s employee benefit expense (employee cost) in Q1-2016 at Rs 28.72 crore was 3.1 per cent lower than the Rs 29.64 crore in Q1-2015. In Q4-2015 and was 8.3 per cent more than the Rs 26.52 crore in Q4-2015.

     

    Company Speak:

     

    HMVL chairperson Shobana Bhartia said, “We started the year on a positive note despite predictions of a weak monsoon and subdued rural economic growth. The quarter’s performance was according to plan, and we saw a healthy growth in operating revenue and profits. Our operations in Uttar Pradesh and Uttarakhand continue to drive growth in advertising and profitability. And we have further strengthened our dominant leadership positions in Bihar and Jharkhand despite a higher intensity of competition. We believe we are in a good position to continue our growth momentum in the year ahead as we reap the benefits of our investments.”

  • FY-2015: Hindustan Media Ventures revenue up 12%, PAT up 26.7%

    FY-2015: Hindustan Media Ventures revenue up 12%, PAT up 26.7%

    BENGALURU: Publisher of Hindi newspaper Hindustan, Hindi socio cultural magazine Kadambini and children’s Hindi magazine Nandan, Hindustan Media Ventures Limited (HMVL – not to be confused with HT Media Limited of Hindustan Times, Mint and Fever FM fame) reported 12.2 per cent increase in Total Income from Operations (TIO) in FY-2015 to Rs 818.58 crore as compared to the Rs 729.72 crore in FY-2014. TIO in Q4-2014 (quarter ended 31 March, 2015, current quarter) at Rs 199.3 crore grew 8.4 per cent from Rs 183.88 crore in Q4-2014, but declined 3.7 per cent from Rs 206.87 crore in the immediate trailing quarter.

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

    HMVL reported a 26.7 per cent hike in profit after tax (PAT) in FY-2015 at Rs 140.86 crore as compared to the Rs 111.121 crore in FY-2014. PAT in Q4-2015 improved 43.1 per cent to Rs 38.94 crore as compared to the Rs 27.21 crore in Q4-2014 and improved 6.5 per cent as compared to the Rs 36.58 crore in the immediate trailing quarter.

    Advertising and circulation revenues:

    The company’s advertising revenue in FY-2015 grew 12.5 per cent to Rs 596.50 crore as compared to the Rs 530 crore in the previous year. Ad revenue in Q4-2015 at Rs 146.6 crore was 10.3 per cent more than the Rs 132.9 crore in the corresponding year ago quarter, but declined 3.7 per cent as compared to the Rs 152.2 crore in Q3-2015.

    Circulation revenue in FY-2015 at Rs 200.70 crore improved 12.6 per cent from Rs 178.20 crore in FY-2014. Q4-2015 circulation revenue was 11.6 per cent higher at Rs 50.80 when compared to the Rs 45.5 crore in Q4-2014, but declined by 0.4 per cent as compared to the Rs 51 crore in Q3-2015.

    Let us look at the other numbers reported by HMVL:

    The company’s total expenditure (TE) in FY-2015 at Rs 676.41 crore was up 12.7 per cent from Rs 600.04 crore in FY-2014. TE in Q4-2015 at Rs 163.3 crore was five per cent more than the Rs 155.58 crore in Q4-2014, but 5.6 per cent lower than the Rs 172.91 crore in Q3-2014.

    A major component of HMVL’s TE is cost of raw materials (RM). In FY-2015, HMVL’s RM cost at Rs 337.40 crore was 12.3 per cent more than the Rs 300.44 crore in FY-2014. RM cost in Q4-2014 at Rs 79.14 crore was two per cent lower than the Rs 80.76 crore in the corresponding year ago quarter but 8.7 per cent lower than the Rs 86.69 crore in Q3-2015.

    The company’s employee benefit expense (employee cost) in FY-2015 at Rs 108.6 crore was 23.4 per cent more than the Rs 86.55 crore in FY-2014. In Q4-2015, employee cost at Rs 26.52 crore was 22.1 per cent more than the Rs 21.72 crore in Q4-2014, but 3.5 per cent lower than the Rs 26.52 crore in Q3-2015.

    Company Speak

    HMVL chairperson Shobana Bhartia said, “We are pleased to report that we grew faster than the industry in terms of both revenue and profits. We did this despite an increase in our structural costs and a difficult operating environment. The year also saw us cement our number two position in Uttar Pradesh and Delhi, even as we retained our leadership positions in Uttarakhand, Bihar and Jharkhand by a wide margin. Our robust performance, coupled with expected improvement in the macroeconomic environment, gives us confidence that we will continue to outperform the market in the coming year. Our established brand, increasing readership and a healthy balance sheet provide us with a strong grounding for the future.”

  • Hindustan Media Ventures Q1-2015 q-o-q income up 21 per cent; PAT up 25 per cent

    Hindustan Media Ventures Q1-2015 q-o-q income up 21 per cent; PAT up 25 per cent

    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 21.1 per cent growth in Total Income from operations (TIO) in Q1-2015 to Rs 222.6 crore as compared to the Rs 183.88 crore in Q4-2014 and 18 per cent more than the Rs 177.3 crore in Q1-2014.

     

    HMVL Q1-2015 PAT at Rs 33.9 crore (15.3 per cent of TIO) was 24.6 per cent more than the Rs 27.21 crore (14.8 per cent of TOI) reported in the immediate trailing quarter and 11.9 per cent more than the Rs 30.30 crore (16.1 per cent of TOI) in the year ago quarter Q1-2014.

     

    Let us look at the other numbers reported by HMVL for Q1-2015

     

    HMVL’s total expenditure (TE) in Q1-2015 at Rs 167.2 crore (75.1 per cent of TIO) was 7.5 per cent more than Rs 155.58 crore (84.6 per cent of TIO) in Q4-2014 and 18.8 per cent more than the Rs 140.7 crore (74.6 per cent of TIO) in Q1-2014.

     

    A major component of the total expenditure is raw materials (RM) consumed. HMVL’s RM in Q1-2015 at Rs 86.80 crore (51.9 per cent of TE) was 7.5 per cent more than the Rs 80.76 crore (51.9 per cent of TE) in Q4-2014 and 26.7 per cent more than the Rs 68.5 crore (48.7 per cent of TE) in Q1-2014.

     

     Y-o-Y the company attributes its growth to 17 per cent increase in advertising revenues to Rs 155.50 crore from Rs 132.60 crore primarily due to increase in advertising yields and a 17 per cent increase in circulation revenues to Rs  49.3 crore from Rs 42.1 crore primarily due to higher circulation and realisation per copy. 

     

    HMVL chairperson Shobna Bhartia said, “We have started the new financial year well and the first quarter saw a healthy growth in both revenue and profit. This was the result of growth in advertising, driven by our strong performance in Uttar Pradesh and Uttarakhand, and supported by our continuing dominance in Bihar and Jharkhand. With a strong brand, growing readership, and a healthy balance sheet we are confident of continuing to deliver value to our shareholders.”