ITV

Tag: PAT

  • Q2-17: DB Corp revenue up, radio operating profit doubles

    Q2-17: DB Corp revenue up, radio operating profit doubles

    BENGALURU: DB Corp Limited (DB Corp), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar reported 10.5 percent higher consolidated revenue for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter. The media house’s total income from operations (TIO or revenue) in Q2-17 was Rs 528.74 crore as compared to Rs 478.36 crore.

    DB Corp’s consolidated profit after tax (PAT) increased 55.9 percent year-over-year (y-o-y) to Rs 88.52 crore as compared to Rs 56.77 crore. However, quarter-over-quarter (q-o-q) it’s PAT declined 14.9 percent from Rs 103.96 crore in Q1-17.

    EBIDTA (excluding other income) for the current quarter increased 38.6 percent y-o-y to Rs150.55 crore as compared to Rs 108.66 crore, but declined 16.9 percent q-o-q from Rs 181.06 crore.

    Four segments contribute to DB Corp’s numbers – Printing and publishing of newspaper and periodicals (Printing) segment; Radio segment; Event segment, Internet segment; and Power segment. Its Printing and Radio segments are major contributors to the company’s top and bottomlines and have been considered here.

    Radio Segment

    DB Corp’s radio segment has an FM radio network under the brand My FM for which the company reported more than double y-o-y (2.15 times) operating profit for Q2-17 at Rs  12.97 crore as compared to Rs 6.04 percent. Q-o-q also, DB Corp’s radio segment’s operating profit was 69.1 percent higher (Rs 7.67 crore in Q1-17).  My FM operating revenue for Q2-17 was 24.6 percent higher y-o-y at Rs 29.86 crore as compared to Rs 23.96 crore and 6.4 percent higher q-o-q as compared to Rs 28.06 crore.

    Printing and publishing of newspaper and periodicals (Printing) segment

    DB Corp’s Printing segment reported revenue of Rs 483.4 crore in the current quarter as compared to the Rs 443.24 crore in Q2-16. However, q-o-q, the Printing segment’s revenue declined 8.2 percent from Rs 526.55 crore. The segment’s operating profit in the current quarter increased 37.8 percent y-o-y to Rs 129 crore as compared to Rs 93.64 crore but declined 19.7 percent q-o-q from Rs 160.73 crore.

    Other numbers

    DB Corp’s consolidated Total Expenditure for Q2-17 increased 2.4 percent y-o-y to Rs 399.75 crore as compared to Rs 390.56 crore but declined 2.4 percent q-o-q from Rs 410.33 crore. Consolidated Cost of raw materials consumed in Q2-17 increased 9.1 percent y-o-y to Rs 163.34 crore from Rs 149.69 crore and increased 1.8 percent q-o-q from Rs 160.46 crore. Consolidated Employee Benefits Expense in the current quarter increased 11.5 percent y-o-y to Rs 107.41 crore as compared to Rs 96.3 crore in Q2-16 and increased 0.6 percent q-o-q from Rs 106.77 crore. Consolidated Total comprehensive income in Q2-17 increased 53.5 percent y-o-y to Rs 85.21 crore from Rs 55,51 crore, but declined 17.9 percent q-o-q from Rs 103.8 crore.

    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: DB Corp revenue up, radio operating profit doubles

    Q2-17: DB Corp revenue up, radio operating profit doubles

    BENGALURU: DB Corp Limited (DB Corp), home to flagship newspapers Dainik Bhaskar, Divya Bhaskar, Dainik Divya Marathi and Saurashtra Samachar reported 10.5 percent higher consolidated revenue for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding year ago quarter. The media house’s total income from operations (TIO or revenue) in Q2-17 was Rs 528.74 crore as compared to Rs 478.36 crore.

    DB Corp’s consolidated profit after tax (PAT) increased 55.9 percent year-over-year (y-o-y) to Rs 88.52 crore as compared to Rs 56.77 crore. However, quarter-over-quarter (q-o-q) it’s PAT declined 14.9 percent from Rs 103.96 crore in Q1-17.

    EBIDTA (excluding other income) for the current quarter increased 38.6 percent y-o-y to Rs150.55 crore as compared to Rs 108.66 crore, but declined 16.9 percent q-o-q from Rs 181.06 crore.

    Four segments contribute to DB Corp’s numbers – Printing and publishing of newspaper and periodicals (Printing) segment; Radio segment; Event segment, Internet segment; and Power segment. Its Printing and Radio segments are major contributors to the company’s top and bottomlines and have been considered here.

    Radio Segment

    DB Corp’s radio segment has an FM radio network under the brand My FM for which the company reported more than double y-o-y (2.15 times) operating profit for Q2-17 at Rs  12.97 crore as compared to Rs 6.04 percent. Q-o-q also, DB Corp’s radio segment’s operating profit was 69.1 percent higher (Rs 7.67 crore in Q1-17).  My FM operating revenue for Q2-17 was 24.6 percent higher y-o-y at Rs 29.86 crore as compared to Rs 23.96 crore and 6.4 percent higher q-o-q as compared to Rs 28.06 crore.

    Printing and publishing of newspaper and periodicals (Printing) segment

    DB Corp’s Printing segment reported revenue of Rs 483.4 crore in the current quarter as compared to the Rs 443.24 crore in Q2-16. However, q-o-q, the Printing segment’s revenue declined 8.2 percent from Rs 526.55 crore. The segment’s operating profit in the current quarter increased 37.8 percent y-o-y to Rs 129 crore as compared to Rs 93.64 crore but declined 19.7 percent q-o-q from Rs 160.73 crore.

    Other numbers

    DB Corp’s consolidated Total Expenditure for Q2-17 increased 2.4 percent y-o-y to Rs 399.75 crore as compared to Rs 390.56 crore but declined 2.4 percent q-o-q from Rs 410.33 crore. Consolidated Cost of raw materials consumed in Q2-17 increased 9.1 percent y-o-y to Rs 163.34 crore from Rs 149.69 crore and increased 1.8 percent q-o-q from Rs 160.46 crore. Consolidated Employee Benefits Expense in the current quarter increased 11.5 percent y-o-y to Rs 107.41 crore as compared to Rs 96.3 crore in Q2-16 and increased 0.6 percent q-o-q from Rs 106.77 crore. Consolidated Total comprehensive income in Q2-17 increased 53.5 percent y-o-y to Rs 85.21 crore from Rs 55,51 crore, but declined 17.9 percent q-o-q from Rs 103.8 crore.

    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: UFO Moviez ad revenue up 9.5 percent

    Q1-17: UFO Moviez ad revenue up 9.5 percent

    BENGALURU: Indian digital cinema distribution network and in-cinema advertising platform, UFO Moviez Limited (UFO) reported a 9.5 percent year-over-year (y-o-y) growth in advertising revenue for the quarter ended 30 June 2016 (Q1-17, current quarter). The company reported advertising revenue of Rs 39.7 crore in Q1-17 as compared to Rs 36.4 crore in the corresponding quarter of the previous year (Q1-16). Average advertisement minutes sold per show per screen increased to 3.97 (Q1-16 – 3.81) minutes during Q1-17.

    Theatrical and In-Cinema advertisement (consolidated excluding new businesses) revenues grew by 3.2 percent y-o-y to Rs 133.2 crore (Q1-16 – Rs 129 crore). Consolidated revenues improved by 3.1 percent y-o-y in Q1-17 to Rs 134.6 crore (Q1-16 – Rs 130.6 crore).

    Let us look at the other numbers reported by UFO Moviez

    Total Expense in Q1-17 increased 9.1 percent y-o-y to Rs 98.2 crore from Rs 90.0 crore in Q1-16. Ad revenue share (expense) in Q1-17 increased 5.4 percent y-o-y to Rs 12.08 crore from Rs 11.47 crore in the corresponding quarter of the previous year. Visual Print sharing expense in Q1-17 increased 19.8 percent y-o-y to Rs 19.44 crore from Rs 16.23 crore in Q1-16.

    The company’s expense towards purchase of digital cinema equipment and lamps in the current quarter declined 13.7 percent y-o-y to Rs 13.77 crore as compared to Rs 15.96 crore in Q1-16.

    EBIDTA in the current quarter declined 10.3 percent y-o-y to Rs 36.4 crore from Rs 40.6 crore in Q1-16. Profit after tax (PAT) in Q1-17 declined 30.1 percent y-o-y to Rs 9 crore from Rs 12.8 crore in the corresponding year ago quarter. PAT, profit from associates and minority interest in Q1-17 declined 25.9 percent y-o-y to Rs 9.8 crore from Rs 13.3 crore in Q1-16.

    Company speak

    “In the first quarter of fiscal 2017, UFO’s consolidated revenues stood at Rs1,346 million. Advertisement revenues grew by 9.5 percent over the higher base of last year, and our annual guidance of 30 percent growth remains unchanged,” said UFO Moviez joint managing director Kapil Agarwal. “Profitability was negatively impacted due to planned losses in Caravan Talkies. Efforts to improve Caravan revenues have further intensified, which we believe should lead to cash breakeven in H2FY17.”

    “We continue to make progress towards achieving our strategic objectives,” said UFO Movies founder and managing director Sanjay Gaikwad. “Our hyperlocal advertising initiative – UFO Framez has been well received by direct sales associates and advertisers and has started yielding results. To sustain the current direction, we continue to appoint dynamic and self-motivated direct sales associates across our advertisement network. Recently, we also announced the merger between UFO and its wholly owned subsidiaries, which on completion would result in significant synergies, cost saving and operating efficiencies.”

    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: UFO Moviez ad revenue up 9.5 percent

    Q1-17: UFO Moviez ad revenue up 9.5 percent

    BENGALURU: Indian digital cinema distribution network and in-cinema advertising platform, UFO Moviez Limited (UFO) reported a 9.5 percent year-over-year (y-o-y) growth in advertising revenue for the quarter ended 30 June 2016 (Q1-17, current quarter). The company reported advertising revenue of Rs 39.7 crore in Q1-17 as compared to Rs 36.4 crore in the corresponding quarter of the previous year (Q1-16). Average advertisement minutes sold per show per screen increased to 3.97 (Q1-16 – 3.81) minutes during Q1-17.

    Theatrical and In-Cinema advertisement (consolidated excluding new businesses) revenues grew by 3.2 percent y-o-y to Rs 133.2 crore (Q1-16 – Rs 129 crore). Consolidated revenues improved by 3.1 percent y-o-y in Q1-17 to Rs 134.6 crore (Q1-16 – Rs 130.6 crore).

    Let us look at the other numbers reported by UFO Moviez

    Total Expense in Q1-17 increased 9.1 percent y-o-y to Rs 98.2 crore from Rs 90.0 crore in Q1-16. Ad revenue share (expense) in Q1-17 increased 5.4 percent y-o-y to Rs 12.08 crore from Rs 11.47 crore in the corresponding quarter of the previous year. Visual Print sharing expense in Q1-17 increased 19.8 percent y-o-y to Rs 19.44 crore from Rs 16.23 crore in Q1-16.

    The company’s expense towards purchase of digital cinema equipment and lamps in the current quarter declined 13.7 percent y-o-y to Rs 13.77 crore as compared to Rs 15.96 crore in Q1-16.

    EBIDTA in the current quarter declined 10.3 percent y-o-y to Rs 36.4 crore from Rs 40.6 crore in Q1-16. Profit after tax (PAT) in Q1-17 declined 30.1 percent y-o-y to Rs 9 crore from Rs 12.8 crore in the corresponding year ago quarter. PAT, profit from associates and minority interest in Q1-17 declined 25.9 percent y-o-y to Rs 9.8 crore from Rs 13.3 crore in Q1-16.

    Company speak

    “In the first quarter of fiscal 2017, UFO’s consolidated revenues stood at Rs1,346 million. Advertisement revenues grew by 9.5 percent over the higher base of last year, and our annual guidance of 30 percent growth remains unchanged,” said UFO Moviez joint managing director Kapil Agarwal. “Profitability was negatively impacted due to planned losses in Caravan Talkies. Efforts to improve Caravan revenues have further intensified, which we believe should lead to cash breakeven in H2FY17.”

    “We continue to make progress towards achieving our strategic objectives,” said UFO Movies founder and managing director Sanjay Gaikwad. “Our hyperlocal advertising initiative – UFO Framez has been well received by direct sales associates and advertisers and has started yielding results. To sustain the current direction, we continue to appoint dynamic and self-motivated direct sales associates across our advertisement network. Recently, we also announced the merger between UFO and its wholly owned subsidiaries, which on completion would result in significant synergies, cost saving and operating efficiencies.”

    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.

     

  • FY-16: PVR PAT up nine-fold

    FY-16: PVR PAT up nine-fold

    BENGALURU: Indian motion picture exhibition, production and distribution house PVR Limited (PVR) reported more than nine-fold (9.3 times) profit after tax (PAT) for the fiscal ended 31 March 2016 (FY-16, current year, current fiscal) as compared to the previous fiscal FY-15. The company reported PAT of Rs 118.73 crore (6.3 percent margin of consolidated Total Income from Operations or TIO) as compared to PAT of Rs 12.76 crore (0.9 percent PAT margin of TIO). For fiscal FY-14, the company had reported PAT of Rs 50.39 crore (3.7 PAT margin of TIO).

    PVR’s consolidated TIO in the current year increased 26.5 percent to Rs 1,873.54 crore as compared to Rs 1,481.34 crore in FY-15. TIO plus other income in FY-16 increased 27.1 percent to Rs 1,896.99 crore from Rs 1,485.98 crore in FY-15.

    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.

    PVR’s total operating profit including other income (EBIDTA) in FY-16 increased 70.8 percent to Rs 358.09 crore (18.9 percent EBIDTA margin of total income including other income) as compared to Rs 209.67 crore (14.1 percent EBIDTA margin of total income including other income) in the previous year.

    Total Expenditure in FY-16 increased 19.5 percent to Rs 1,664.09 crore (88.8 percent of TIO) as compared to Rs 1,393.11 crore (13.2 percent of TIO) in FY-15. Film Exhibition cost increased 22.4 percent to Rs 418.96 crore (23.4 percent of TIO) in FY-16 from Rs 324.18 crore (23.1 percent of TIO) in FY-15. Employee Benefit Expense (EBE) in the current year increased 29.5 percent to Rs 185.30 crore (9.9 percent of TIO) as compared to Rs 143.04 crore (9.7 percent of TIO).Other expenses in FY-16 increased 30.9 percent to Rs 212.29 crore (11.3 percent of TIO) as compared to Rs 162.21 crore (11 percent of TIO) in the previous fiscal. Food & Beverages and other costs increased 16.3 percent to Rs 124.83 crore (6.7 percent of TIO) from Rs 107.38 crore (7.2 percent of TIO) in FY-15.

    Segment Revenue

    Three segments contribute to PVR’s revenues.

    The largest segment – Movie Exhibition reported 26.3 percent growth in operating revenue in FY-16 at Rs 1,730.09 crore from Rs 1,370.39 crore in the previous year. The segment reported more than double operating profit 2.34 times) of Rs 206.51 crore in the current fiscal as compared to Rs 88.23 crore in the FY-15

    Movie Production and Distribution segment reported 59.1 percent growth in FY-16 at Rs 81.50 crore as compared to Rs 51.23 crore in FY-15. The segment’s operating profit in the current year increased 5.1 percent to Rs 2.88 crore from Rs 2.74 crore in FY-15.

    PVR’s ‘Other’ segment which includes bowling, gaming and restaurant services reported 3.9 percent increase in revenue in FY-16 at Rs 76.85 crore as compared to Rs 73.96 crore in the previous fiscal. The segment reported operating profit of Rs 0.1 crore as compared to an operating loss of Rs 2.80 crore in FY-15.

    The board of directors of PVR have approved a dividend of Rs 2 per equity share of face value of Rs 10 each

  • FY-16: PVR PAT up nine-fold

    FY-16: PVR PAT up nine-fold

    BENGALURU: Indian motion picture exhibition, production and distribution house PVR Limited (PVR) reported more than nine-fold (9.3 times) profit after tax (PAT) for the fiscal ended 31 March 2016 (FY-16, current year, current fiscal) as compared to the previous fiscal FY-15. The company reported PAT of Rs 118.73 crore (6.3 percent margin of consolidated Total Income from Operations or TIO) as compared to PAT of Rs 12.76 crore (0.9 percent PAT margin of TIO). For fiscal FY-14, the company had reported PAT of Rs 50.39 crore (3.7 PAT margin of TIO).

    PVR’s consolidated TIO in the current year increased 26.5 percent to Rs 1,873.54 crore as compared to Rs 1,481.34 crore in FY-15. TIO plus other income in FY-16 increased 27.1 percent to Rs 1,896.99 crore from Rs 1,485.98 crore in FY-15.

    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.

    PVR’s total operating profit including other income (EBIDTA) in FY-16 increased 70.8 percent to Rs 358.09 crore (18.9 percent EBIDTA margin of total income including other income) as compared to Rs 209.67 crore (14.1 percent EBIDTA margin of total income including other income) in the previous year.

    Total Expenditure in FY-16 increased 19.5 percent to Rs 1,664.09 crore (88.8 percent of TIO) as compared to Rs 1,393.11 crore (13.2 percent of TIO) in FY-15. Film Exhibition cost increased 22.4 percent to Rs 418.96 crore (23.4 percent of TIO) in FY-16 from Rs 324.18 crore (23.1 percent of TIO) in FY-15. Employee Benefit Expense (EBE) in the current year increased 29.5 percent to Rs 185.30 crore (9.9 percent of TIO) as compared to Rs 143.04 crore (9.7 percent of TIO).Other expenses in FY-16 increased 30.9 percent to Rs 212.29 crore (11.3 percent of TIO) as compared to Rs 162.21 crore (11 percent of TIO) in the previous fiscal. Food & Beverages and other costs increased 16.3 percent to Rs 124.83 crore (6.7 percent of TIO) from Rs 107.38 crore (7.2 percent of TIO) in FY-15.

    Segment Revenue

    Three segments contribute to PVR’s revenues.

    The largest segment – Movie Exhibition reported 26.3 percent growth in operating revenue in FY-16 at Rs 1,730.09 crore from Rs 1,370.39 crore in the previous year. The segment reported more than double operating profit 2.34 times) of Rs 206.51 crore in the current fiscal as compared to Rs 88.23 crore in the FY-15

    Movie Production and Distribution segment reported 59.1 percent growth in FY-16 at Rs 81.50 crore as compared to Rs 51.23 crore in FY-15. The segment’s operating profit in the current year increased 5.1 percent to Rs 2.88 crore from Rs 2.74 crore in FY-15.

    PVR’s ‘Other’ segment which includes bowling, gaming and restaurant services reported 3.9 percent increase in revenue in FY-16 at Rs 76.85 crore as compared to Rs 73.96 crore in the previous fiscal. The segment reported operating profit of Rs 0.1 crore as compared to an operating loss of Rs 2.80 crore in FY-15.

    The board of directors of PVR have approved a dividend of Rs 2 per equity share of face value of Rs 10 each

  • FY-16: Sun TV revenue up 7.3 percent, PAT up 16.8 percent

    FY-16: Sun TV revenue up 7.3 percent, PAT up 16.8 percent

    BENGALURU: Sun TV Network Limited (Sun TV) reported 7.3 per cent growth in consolidated Total Income from Operations (TIO) and 16.8 percent growth in profit after tax (PAT) for the period ended 31 March 2016 (FY-16, current year) as compared to fiscal FY-15. TIO in FY-16 was Rs 2,569.79 crore as compared to Rs 2,395.38 crore in FY-15. The company’s PAT in the current year was Rs 913.38 crore (35.5 percent PAT margin) in FY-16 and was Rs 782.04 crore (32.6 percent PAT margin) in the previous year.

    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 consolidated EBIDTA in the current year was Rs 1,774.19 crore (69 percent EBIDTA margin) 5.8 percent higher as compared to Rs 1677.03 crore (70 percent EBIDTA margin) in FY-15.

    Consolidated Total Expenditure (TE) in the current year declined 2.5 percent to Rs 1,300.53 crore (50.6 percent of TIO) as compared to Rs 1,333.45 crore in the previous year.

    Employee Benefits Expense (EBE) in FY-16 increased 15.5 percent to Rs 271.63 crore (10.6 percent of TIO) as compared to Rs 235.08 crore (9.8 percent of TIO) in FY-15.

    Other expenses (OE) in the FY-16 was 13.6 percent higher in FY-16 at Rs 222.07 crore (8.6 percent of TIO) as compared to Rs 195.56 crore (8.2 percent of TIO) in the previous year.

    Standalone quarterly numbers

    For the quarter ended 31 March 2016 (Q4-16, current quarter) Sun TV standalone TIO increased 4 percent year-over-year (y-o-y) to Rs 570.68 crore from Rs 548.58 crore, but declined 0.6 percent quarter-over-quarter (q-o-q) from Rs 574.12 crore.

    Standalone PAT in Q4-16 increased 16.3 percent y-o-y to Rs 236 crore (41.4 percent PAT margin) as compared to Rs 548.48 crore (37 percent PAT margin) and increased 9.5 percent q-o-q from Rs 215.59 crore (37.6 percent PAT margin)

    Standalone EBIDTA in the current quarter increased 0.8 percent y-o-y to Rs 426.58 crore (74.7 percent EBIDTA margin) from Rs 423.26 crore (77.2 percent EBIDTA margin), but declined 3.1 percent q-o-q from Rs 440.44 crore.

    Standalone TE in Q4-16 declined 7.2 percent y-o-y to Rs 244.76 crore (42.9 percent of TIO) from Rs 263.74 crore (48.1 percent of TIO) and declined 8.8 percent q-o-q from Rs 268.43 crore (46.8 percent of TIO).

    Standalone EBE in the current quarter increased 20.8 percent y-o-y to Rs 63.02 crore (11 percent of TIO) from Rs 52.16 crore (9.5 percent of TIO) and increased 7.3 percent q-o-q from Rs 58.73 crore (10.2 percent of TIO)

    Standalone OE in Q4-16 increased 23 percent y-o-y to Rs 34.77 crore (6.1 percent of TIO) from Rs 28.26 crore (5.2 percent of TIO) but declined 1.1 percent q-o-q from Rs 35.16 crore (6.1 percent of TIO).

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.05 crore in FY-15 and FY-16.

  • FY-16: Sun TV revenue up 7.3 percent, PAT up 16.8 percent

    FY-16: Sun TV revenue up 7.3 percent, PAT up 16.8 percent

    BENGALURU: Sun TV Network Limited (Sun TV) reported 7.3 per cent growth in consolidated Total Income from Operations (TIO) and 16.8 percent growth in profit after tax (PAT) for the period ended 31 March 2016 (FY-16, current year) as compared to fiscal FY-15. TIO in FY-16 was Rs 2,569.79 crore as compared to Rs 2,395.38 crore in FY-15. The company’s PAT in the current year was Rs 913.38 crore (35.5 percent PAT margin) in FY-16 and was Rs 782.04 crore (32.6 percent PAT margin) in the previous year.

    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 consolidated EBIDTA in the current year was Rs 1,774.19 crore (69 percent EBIDTA margin) 5.8 percent higher as compared to Rs 1677.03 crore (70 percent EBIDTA margin) in FY-15.

    Consolidated Total Expenditure (TE) in the current year declined 2.5 percent to Rs 1,300.53 crore (50.6 percent of TIO) as compared to Rs 1,333.45 crore in the previous year.

    Employee Benefits Expense (EBE) in FY-16 increased 15.5 percent to Rs 271.63 crore (10.6 percent of TIO) as compared to Rs 235.08 crore (9.8 percent of TIO) in FY-15.

    Other expenses (OE) in the FY-16 was 13.6 percent higher in FY-16 at Rs 222.07 crore (8.6 percent of TIO) as compared to Rs 195.56 crore (8.2 percent of TIO) in the previous year.

    Standalone quarterly numbers

    For the quarter ended 31 March 2016 (Q4-16, current quarter) Sun TV standalone TIO increased 4 percent year-over-year (y-o-y) to Rs 570.68 crore from Rs 548.58 crore, but declined 0.6 percent quarter-over-quarter (q-o-q) from Rs 574.12 crore.

    Standalone PAT in Q4-16 increased 16.3 percent y-o-y to Rs 236 crore (41.4 percent PAT margin) as compared to Rs 548.48 crore (37 percent PAT margin) and increased 9.5 percent q-o-q from Rs 215.59 crore (37.6 percent PAT margin)

    Standalone EBIDTA in the current quarter increased 0.8 percent y-o-y to Rs 426.58 crore (74.7 percent EBIDTA margin) from Rs 423.26 crore (77.2 percent EBIDTA margin), but declined 3.1 percent q-o-q from Rs 440.44 crore.

    Standalone TE in Q4-16 declined 7.2 percent y-o-y to Rs 244.76 crore (42.9 percent of TIO) from Rs 263.74 crore (48.1 percent of TIO) and declined 8.8 percent q-o-q from Rs 268.43 crore (46.8 percent of TIO).

    Standalone EBE in the current quarter increased 20.8 percent y-o-y to Rs 63.02 crore (11 percent of TIO) from Rs 52.16 crore (9.5 percent of TIO) and increased 7.3 percent q-o-q from Rs 58.73 crore (10.2 percent of TIO)

    Standalone OE in Q4-16 increased 23 percent y-o-y to Rs 34.77 crore (6.1 percent of TIO) from Rs 28.26 crore (5.2 percent of TIO) but declined 1.1 percent q-o-q from Rs 35.16 crore (6.1 percent of TIO).

    Sun TV has paid franchisee fees for its IPL team SunRisers Hyderabad (SRH) of Rs 85.05 crore in FY-15 and FY-16.

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

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

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

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

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.