ITV

Tag: PAT

  • Q1-2016: Vision Cinemas reports net sales & PAT growth of 69%

    Q1-2016: Vision Cinemas reports net sales & PAT growth of 69%

    BENGLAURU: The good days for the movie business seem to continue in this quarter also. A small three-screen multiplex with a food-court in Bengaluru, Vision Cinema Limited (Vision Cinema) reported 69.2 per cent growth in net sales/income from operations (excluding branch transfer, net of excise duty) or TIO to Rs 156.05 lakh in the quarter ended 30 September, 2015 (Q1-2015, since the company’s financial year is 1 July to 30 June) from Rs 92.22 lakh in the corresponding quarter of last year. TIO was 26.5 per cent higher than the Rs 123.4 lakh in the previous quarter (Q4-2015).

     

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

     

    Vision Cinemas PAT in Q3-2015 more than trebled (3.44 times) at Rs 39.16 lakh as compared to the Rs 11.39 lakh in Q1-2015 and 69.4 per cent more than the Rs 23.12 lakh in Q4-2015.

     

    Total expense (TE) for Q1-2016 at Rs 110.04 lakh was 45.6 per cent more than the Rs 75.58 lakh in Q1-2015 and was 12.1 per cent more than the Rs 98.13 lakh in Q4-2015.

     

    A major component of the company’s TE is ‘Purchase of Traded Goods – Distributor Share of Revenue’ (Distributor share). Vision Cinemas spent Rs 56.68 lakh in Q1-2016 towards distributor share, which was 29 per cent more than the Rs 43.93 lakh in Q1-2015 and 28.9 per cent more than the Rs 43.98 lakh in the immediate trailing quarter.

     

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  • Sri Adhikari Bros reports 21.4%higher revenue, 19.9% higher PAT in Q2-2015

    Sri Adhikari Bros reports 21.4%higher revenue, 19.9% higher PAT in Q2-2015

     BENGALURU: Sri Adhikari Brothers Television Network Limited (SAB TV) reported 21.4 per cent y-o-y growth in Total Income from Operations (TIO) in Q2-2015 to Rs 22.01 crore from Rs 18.13 crore in Q2-2014 and a 11.1 per cent growth from Rs 19.81 crore in Q1-2015. Year to date, during HY-2015, the company reported growth of 20.7 per cent to Rs 41.83 crore from Rs 34.65 crore in HY-2014.

     PAT for the current quarter increased 19.9 per cent to Rs 2.73 crore (12.4 per cent of TIO) from Rs 2.28 crore (12.6 per cent of TIO) in the corresponding year ago quarter and was 3.9 per cent more than the Rs 2.63 crore (13.3 per cent of TIO) in the immediate trailing quarter. For HY-2015, SAB TV reported 31.4 per cent growth in PAT to Rs 5.4 crore from Rs 4.11 crore in HY-2014.

     SAB TV’s total expenditure (TE) in Q2-2015 at Rs 18.24 crore (82.9 per cent of TIO) was 18.3 per cent more than the Rs 15.42 crore (85 per cent of TIO) in Q2-2014. In HY-2015, TE at Rs 35.07 crore was 14.2 per cent more than the Rs 30.70 crore in HY-2015.

     The company’s production/direct (production) expense in Q2-2015 at Rs 14.07 crore (63.9 per cent of TIO) was 27.1 per cent more than the Rs 11.07 crore (61 per cent of TIO) in Q2-2014 and 7.5 per cent more than the Rs 13.09 crore (66.1 per cent of TIO) in Q1-2015. For HY-2015, SAB TV’s production expense was 24.9 per cent at Rs 27.16 crore (64.9 per cent of TIO) in HY-2015 than the Rs 21.75 crore in HY-2014.

    SAB TV’s interest/finance cost (interest) Q2-2015 at Rs 1.06 crore (4.8 per cent of TIO) was more than double (2.4 times) than the Rs 0.44 crore (2.4 per cent of TIO) in Q2-2014 and more than 2.8 times the Rs 0.38 crore (1.9 per cent of TIO) in Q1-2015. Interest cost in HY-2015 at Rs 1.43 crore (3.4 per cent of TIO) was 65.2 per cent more than the Rs 0.87 crore (2.5 per cent of TIO) in HY-2014.

     

    Click here to read the unaudited financial statement

     

  • Jain Studios reports flat q-o-q PAT for Q2-2015

    Jain Studios reports flat q-o-q PAT for Q2-2015

    BENGALURU: Jain Studios Limited (JSL) reported 6 per cent growth in q-o-q Total Operating Revenue (TOI) in Q2-2015 at Rs 880.07 lakh from Rs 830.24 lakh and a 52.5 y-o-y growth from Rs 577.1 lakh. Y-t-d the company’s TIO increased 52.6 per cent to Rs 1710.31 lakh from Rs 1120.84 lakh in the corresponding six months of last year (HY-2014).

     

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

     

    The company’s profit after tax (PAT) in Q2-2015 at Rs 20.78 lakh (2.4 per cent of TIO) was almost flat (2.6 per cent higher) than the Rs 20.26 lakh (2.4 per cent of TIO), but was 33.9 per cent lower than the Rs 31.43 lakh in Q2-2014. PAT for HY-2015 at Rs 41.04 lakh (2.4 per cent of TIO) was 20.3 per cent lower than the Rs 51.51 lakh (4.6 per cent of TIO) in HY-2014.

     

    JSL total expenditure (TE) in Q2-2015 at Rs 845.05 lakh (96 per cent of TIO) was 4.1 per cent more than the Rs 811.94 lakh in Q1-2015 (97.8 per cent of TIO) and 50.1 per cent more than the Rs 562.87 lakh (97.5 per cent of TIO) in Q2-2014. HY-2015 TE at Rs 1657 lakh (96.9 per cent of TIO) was 52.1 per cent more than the Rs 1089.44 lakh (97.2 per cent of TIO) in HY-2014.

     

    Production cost is a major expense head for the company. The company’s production cost in Q2-2015 at Rs 625.52 lakh (71.1 per cent of TIO) was 4 per cent more than the Rs 601.2 lakh (72.4 per cent of TIO) in the previous quarter and 271.9 per cent more than the Rs 168.19 lakh (29.1 per cent of TIO) in Q2-2014. For HY-2015, production cost at Rs 1226.73 lakh (71.7 per cent of TIO) was 279.6 per cent more than the Rs 323.18 lakh (28.8 per cent of TIO) in HY-2014.

     

    JSL chairman J K Jain stated, “There is a growth of 52.50 per cent in the operating revenues during the current quarter as compared to quarter in the previous year due to significant wins in Mobile Healthcare business.

     

    “The growth in revenue is in line with our expectation and is a reflection of our investments in new business ventures to accelerate the company’s growth. We have utilised internal funds for these ventures and are sure that the company will be able to mobilise funds to support the growth in future,” he added.

  • Eros International reports 40 per cent PAT q-o-q growth in Q2-2015

    Eros International reports 40 per cent PAT q-o-q growth in Q2-2015

    BENGALURU: The Sunil Lulla led Indian motion picture production and distribution company Eros International Media Limited (Eros) reported 39.9 per cent growth in PAT at Rs 50.14 crore (20.9 per cent of net Total Income from Operations or TIO) in Q2-2015 from the Rs 35.84 crore (14.8 per cent of TIO) in Q1-2015 and 35.6 per cent growth from the Rs 36.97 crore (18.4 per cent of TIO) in the corresponding year ago quarter. In HY-2015, PAT grew 35.1 per cent to Rs 85.98 crore (17.9 per cent of TIO) from Rs 63.64 crore (16.4 per cent of TIO) in HY-2014.

     
    Note: 100,00,000 = 100 lakhs = 10 million = 1 crore
     
    The company reported almost flat q-o-q TIO (down by 0.7 per cent) in Q2-2015 at Rs 239.90 crore versus the Rs 241.49 crore in Q1-2015 and 19.3 per cent TIO growth from the Rs 201.05 crore in Q2-2014. Revenue (TIO) for HY-2015 grew by 24.3 per cent to Rs 481.39 crore from Rs 387.37 crore in HY-2014.
     
    Eros released 30 films -20 Hindi and 10 Tamil/Telugu regional films in HY-2015 as compared to the 26 films (11 Hindi, 14 Tamil/Telugu and 1 other language) in HY-2014. Eros says that 2 of the films were high budget and 28 were medium and low budget films.
     
     
    Let us look at the other numbers reported by Eros for Q2-2015 and HY-2015
     
    Eros Total Expenditure (TE) in Q2-2015 at Rs 168.19 crore (70.1 per cent of TIO) was 8.9 per cent lower than the Rs 184.68 crore (76.5 per cent of TIO) in Q1-2015 and 11.3 per cent more than the Rs 151.16 crore (75.2 per cent of TIO) in Q2-2014. TE in HY-2015 at Rs 352.87 crore (73.3 per cent of TIO) was 17.9 per cent more than the Rs 299.24 crore (77.2 per cent of TIO) in HY-2014.
     
    The company’s finance cost in Q2-2015 at Rs 10.92 crore (4.6 per cent of TIO) was 16.5 per cent more than the Rs 9.37 crore (3.9 per cent of TIO) in Q1-2015 and 76.1 per cent more than the Rs 6.2 crore (3.1 per cent of TIO) in Q2-2014. For HY-2015, finance cost at Rs 20.29 crore was almost double (up 1.88 times) the Rs 10.81 crore in HY-2014.
     
    Eros managing director Sunil Lulla said, “We reported healthy results in the first half driven by the performance of new releases in Hindi and regional languages and robust monetization of library films over existing and emerging distribution channels. We remained focused towards diversifying mix of movies with increasing emphasis on high profile regional language films with our tentpole Hindi language films.”
     
    “Our ErosNow initiative continued to gain momentum as we premiered a whole host of films on this online service. We will be launching a new mobile app for ErosNow by the end of this year and along with our recently announced Techzone acquisition, we are positive about increased uptake of this unique service in the near future,” added Lulla.

     

  • Higher expenses pare TV Today PAT in Q2-2015; excellent HY-2015 results

    Higher expenses pare TV Today PAT in Q2-2015; excellent HY-2015 results

    BENGALURU: A 58.1 per cent y-o-y increase in production costs coupled with a 40.4 per cent increment in employee benefit expense (EBE) and a 36.6 per cent rise in other expense pared TV Today Network Limited (TVTN) PAT to register a 2.9 per cent increment in Q2-2015. TVTN reported a y-o-y growth of 21.8 per cent in its Total Income from Operations (TIO) in Q2-2015 at Rs 111.69 crore versus the Rs 91.71 crore in Q2-2014, but TIO registered an 18.5 per cent decline when compared to the Rs 137.01 crore for Q1-2015. Higher TIO in Q1-2015 can be attributed to the national elections that saw revenues of most news channels rise during the first quarter of FY-2015.

     

    Note: 100,00,000 = 100 lakhs = 10 million = 1 crore.

     
    As mentioned above, the company’s PAT at Rs 13.21 crore (11.8 per cent of TIO) was 2.9 per cent more than the Rs 12.83 crore (25 per cent of TIO), but was almost a third (40.3 per cent of TIO) the Rs 32.79 (23.9 per cent of TIO) crore in Q1-2015.

     
    However, when comparing the year to date or HY-2015 versus HY-2014 results, the company has performed very well. For HY-2015, TVTN reported TIO of Rs 248.70 crore, which was 37.7 per cent more than the Rs 180.61 crore in HY-2014. PAT was even better, registering a growth of 85.3 per cent for HY-2015 to Rs 46 crore (18.5 per cent of TIO) as compared to the Rs 24.82 crore (13.7 per cent of TIO) in HY-2014.

    The company’s television broadcasting segment reported a y-o-y revenue growth of 22.7 per cent at Rs 107.48 crores from Rs 87.62 crore, but q-o-q was 19.7 per cent lower from the Rs 133.64 crore in the immediate trailing quarter. This segment reported an operating profit of Rs 21.16 crore in Q2-2015, 0.5 per cent lower than the Rs 21.27 crore in Q2-2014, and 58.9 per cent less than the Rs 51.43 crore in Q1-2015.

     TVTN’s Television Broadcasting segment’s HY-2015 revenue at Rs 241.12 crore was 39 per cent more than the Rs 173.51 crore in HY-2014. Operating profit of this segment for HY-2015 at Rs 72.59 crore was 71 per cent more than the Rs 42.45 crore in HY-2014.
     

    Let us look at the other Q2-2015 and HY-2015 numbers reported by TVTN.

     
    The company’s total expenditure (TE) in Q2-2015 at Rs 95.76 crore (85.7 per cent iof TIO) was 30.2 per cent more than the Rs 73.54 crore (80.2 per cent of TIO) in Q2-2014 and 7.2 per cent more than the Rs 89.31 crore (65.2 per cent of TIO) in Q1-2015. HY-2015 TE at Rs 185.08 crore (74.4 per cent of TIO) was 61.2 per cent more than the Rs 114.09 crore(63.6 per cent of TIO) in HY-2014.

     
    TVTN’s EBE at Rs 32.04 crore (28.7 per cent of TIO) in Q2-2015 was 40.4 per cent more than the Rs 22.83 crore(24.9 per cent of TIO) in Q2-2014 and 9.4 per cent more than the Rs 29.29 crore (21.4 per cent of TIO) in Q1-2015. For HY-2015, EBE at Rs 61.33 crore (24.7 per cent of TIO) was 32.1 per cent more than the Rs 46.43 crore (25.7 per cent of TIO) in HY-2014.

     
    Production cost in Q2-2015 at Rs 12.74 crore (11.4 per cent of TIO) was 58.1 per cent more than the Rs 8.06 crore (8.8 per cent of TIO) in Q2-2014, but 5.3 per cent lower than the Rs 13.45 crore (9.8 per cent of TIO) in Q1-2015. For HY-2015, Production cost at Rs 26.19 crore (10.5 per cent of TIO) was 53.2 per cent more than the Rs 17.09 crore (9.5 per cent of TIO) in Hy-2014.

     
    Other expense in Q2-2015 at Rs 18.09 crore (16.2 per cent of TIO) was 36.6 per cent more than the Rs 13.24 crore (14.4 per cent of TIO) in Q2-2014 and 3.8 per cent more than the Rs 17.43 crore (12.7 per cent of TIO) in Q1-2015. For HY-2015, other expense at Rs 36.52 crore (14.7 per cent of TIO) was 41.3 per cent more than the Rs 25.85 crore (14.3 per cent of TIO) in HY-2014.

     
    TVTN’s other segment – Radio Broadcasting which operates under the brand Oye! FM reported 3.2 per cent growth in operating revenue in Q2-2015 at Rs 4.21 crore from Rs 4.08 crore in Q2-2014 and 25.1 per cent growth from Rs 3.37 crore in Q1-2015. The segment reported loss of Rs 1.8 crore in Q2-2015, loss of Rs 2.02 crore in Q2-2014 and loss of Rs 2.56 crore in Q1-2015. For HY-2015, Oye!FM operating revenue grew 6.7 per cent to Rs 7.58 crore from Rs 7.1 crore in HY-2014. Oye!FM loss for HY-2015 was Rs 4.37 crore versus a loss of Rs 4.34 crore in HY-2014.

     

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  • Hawkins ad spend flat in Q1-2015

    Hawkins ad spend flat in Q1-2015

    BENGALURU:  Indian pressure cooker manufacturer Hawkins Cookers Limited (Hawkins) spent Rs 3.37 core (34.1 per cent of Advertising and Sales Promotion or ASP) towards Advertising (Ad spend) in Q1-2015, 2.7 per cent lower than the Rs 3.46 crore (19.7 per cent of ASP) in Q4-2014 and 1.2 per cent more than the Rs 3.33 crore (39.4 per cent of ASP) in Q1-2014. Overall, ad spend was almost flat across the three quarters – Q1-2015, Q4-2014 and Q1-2014.

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

    The company’s ASP comprises ad spend and discounts. As per Fig 1 below, based on historical data over the nine quarter period starting Q1-2013 until Q1-2015 (current quarter), the company spends the maximum towards ads in Q3, the festive season in the country. In Q2 and Q4, it resorts more towards discounting.

    The company has been skewed more towards offering discounts as compared to advertising. Over the nine quarter period under consideration, the simple average ad spend in terms of percentage of ASP is 26.7 per cent, while the proportion of discount over the same period works out to 73.3 per cent of ASP.  This trend is likely to continue based on historical data across the nine quarters under consideration. The company in Q2-2015 is likely to resort significantly on offering discount and spend a lower towards advertising. Q3-2015 is likely to see the company’s ad spend go up significantly.

    The company’s highest ad spend over the nine quarters has been Rs 8.67 crore in Q3-2014 (49.3 per cent of ASP). Hawkins ad spend has been lowest in terms of rupees in Q4-2013 at Rs 0.35 crore (2.9 per cent of ASP), while the lowest in terms of percentage of ASP was in Q2-2013 at 2.8 per cent (Rs 0.37 crore).

    The company’s ASP in Q1-2015 at Rs 9.88 crore (10.2 per cent of Total Income from Operations or TIO) was 43.7 per cent lower than the Rs 17.55 crore (12.4 per cent of TIO) in Q4-2014 and 17 per cent more than the Rs 8.44 crore (11.2 per cent of TIO) in Q1-2014. ASP in terms of simple average in absolute rupees across the nine quarters under consideration is about Rs 13.01 crore.

    Hawkins TIO in Q1-2015 at Rs 97.20 crore was 31.5 per cent less than the Rs 141.87 crore in Q4-2014 and 29.1 per cent more than the Rs 75.31 crore in Q1-2014.

    While the company’s TIO across the nine quarters under consideration shows a linear upward trend, the company’s ASP seems to have flattened out linearly in terms of absolute rupees, and shows a slightly downward trend in terms of percentage of TIO. Please refer to Fig 1A below.

    Hawkins PAT for Q1-2015 at Rs 7.07 crore (7.3 per cent of TIO) was 46.1 per cent lower than the Rs 13.13 crore (9.3 per cent of TIO) in the immediate trailing quarter and 44.6 per cent more than the Rs 4.89 crore (6.5 per cent of TIO) in the corresponding year ago quarter. Please refer to Fig 2 below.

    Overall, on a linear basis, PAT seems to be moving upward both in terms of absolute rupees as well as percentage of TIO.

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  • GlaxoSmithKline healthcare Q2-2014 marketing spend down 24 per cent q-o-q

    GlaxoSmithKline healthcare Q2-2014 marketing spend down 24 per cent q-o-q

    BENGALURU: Nutritional products and OTC drug major GlaxoSmithKline Consumer Healthcare Limited (GCHL) spent 23.9 per cent less towards advertising and sales promotion (ASP) in the quarter ended 30 June 2014 (Q2-2014) at Rs 141.40 crore (14.6 per cent of Total income from operations or TIO) versus Rs 185.75 crore (16.6 per cent of TIO) in Q1-2014 and just 2.8 per cent more than the Rs 137.56 crore (15.5 per cent of TIO) in Q2-2013.

    The company’s nutritional product brands include Horlicks, Boost, Foodles , while its OTC drugs brands include Crocin, Eno and Iodex.

    Notes: (1) GCHL’s follows the calendar year and its fiscal ends on 31 December, hence quarter ended31 March is Q1, quarter ended 30 June is Q2, quarter ended 30 September is Q3 and quarter ended 31 December is Q4.

    (2) 100,00,000 = 100 lakh = 10 million = 1 crore.

    GCHL’s TIO in Q2-2014 at Rs 965.97 crore was 13.7 per cent less than the Rs 1119.82 crore in Q1-2014 and 8.5 per cent more y-o-y than the Rs 890.30 crore in Q2-2013. The company’s TIO shows an upward trend over a nine month period commencing Q2-2012 and ending with the current fiscal Q2-2014.

    In terms of actual rupees spent, the company’s ASP shows a slightly upward simple linear trend, while in terms of percentage of TIO, ASP seems to have flattened out. The simple average ASP across the nine quarters under consideration is Rs 148.42 crore, which means that the current quarter’s ASP is 7.9 per cent below par when compared to the average of the nine quarters under consideration in this report. Please refer to Fig 1 below.

    GCHL’s PAT in terms of absolute rupee value shows an upward simple linear trend, while in terms of percentage of TIO, the linear trend is flat, tapering downwards slightly, a fact that could easily change with a slightly higher than average PAT  in percentage of TIO terms in the next few quarters. The company’s simple average PAT across the nine quarters under consideration is 13.4 per cent of TIO.

    GCHL reported PAT of Rs 130.12 crore (13.5 per cent of TIO) in Q2-2104, 24.2 per cent lower than the Rs 171.71 crore(15.3 per cent of TIO) in Q1-2014 and 8.5 per cent more than the Rs 119.96 crore (13.5 per cent of TIO)  reported in the year ago quarter Q2-2013.

    GCHL’s analyst presentation says that its domestic sales have grown 10 per cent despite an extremely challenging environment. It has witnessed a 24 per cent drop in export sales due to certain one-offs and slowdown in Bangladesh. Overall, domestic growth can be attributed to a 3 per cent growth in volume and 7 per cent due to increase in pricing.

    Strong innovation led re-launches of sub-brands – Mother’s Horlicks, Horlicks Lite and Chocolate Horlicks were re-launched during the quarter. GCHL says that it ran new impactful campaigns on Mother’s Horlicks and Chocolate Horlicks, and has added focus on digital marketing during the current quarter.

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  • Prime Focus disappoints for quarter ended 30 June, 2014

    Prime Focus disappoints for quarter ended 30 June, 2014

    BENGALURU: Prime Focus Limited (PFL) has posted disappointing results for the quarter (Q5-2014). The company also posted results for the extended 15 month period ended 30 June, 2014 (15M-2014). The company reported a PAT of Rs 24.26 crore or about 2.3 per cent of Total Income from operations (TIO)  for 15M-2014 as compared to the extrapolated loss of Rs 20.31 crore against TOI of Rs 762.16 crore during the equivalent period of 15 months ended 30 June, 2013(15M-2013). The reported TIO for 15M-2014 is Rs 1032.72 crore, an increase of 35.5 per cent as compared 15M-2013.

     

    Earlier, for the four quarter period ended 31 March, 2014 (FY-2014), the company had posted a PAT of Rs 33.04 crore (4 per cent of TIO) against a TIO of Rs 834.89 crore. For FY-2013, the company had reported loss of Rs 16.85 crore. During FY-2014, PFL had reported a net forex gain of Rs 29.21 crore and for FY-2013 an exchange gain of Rs 6.75 crore. During 15M-2014 the company has reported forex gain of Rs 38.07 crore, 5.6 times the Rs 6.75 crore in 15M-2013.

     

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  • Lower activation fees, new businesses make Den Networks post a subdued result, low PAT for Q1-2015

    Lower activation fees, new businesses make Den Networks post a subdued result, low PAT for Q1-2015

    BENGALURU: Den Networks Ltd (Den Networks) reported almost flat q-o-q result in Q1-2015. The company reported a slight drop in consolidated Total Income from Operations (TIO) in the current quarter at Rs 298.81 crore, down 1 per cent as compared to the Rs 301.86 crore in Q4-2014 and 11.2 per cent higher as compared to the Rs 268.70 crore in Q1-2014. Activation revenue dropped by Rs.47.5 crore in Q1-2015 as compared to the corresponding year ago quarter.

     

    The company says that Operational Revenue (excluding Activation Revenue) grew by 35.4 per cent y-o-y; subscription revenues grew by Rs 71.25 crores (82.7 per cent) y-o-y. The breakup of revenue from operations for Q1-2015 is: Subscription Rs 146 crore; placement revenue Rs 116 crore; digital activation revenue Rs 20 crore and other operating revenue of Rs 3 crore. Another breakup of revenue is revenue from cable Rs 284.6 crore, broadband revenue Rs 1 crore and soccer revenue-nil.

     

    Den Networks EBIDTA before other income in Q1-2015 fell 16.6 per cent to Rs 57.16 crore from Rs 68.57 crore in Q4-2014 and was 29.4 per cent lower than the Rs 80.94 crore in Q1-2014. The decline of Rs 23.78 crore (29.4 per cent) y-o-y comprises largely of losses on account of launch of broadband and soccer (Rs 12 crore) and lower activation revenue in cable business by Rs 42.75 crores.

     

    Notes:  100,00,000 = 100 lakhs = 10 million = 1 crore

     

    The company’s PAT in Q1-2015 at Rs 1.12 crore (0.4 per cent of TIO) which was about one ninth of the Rs 10.05 crore (3.3 per cent of TIO) in the immediate trailing quarter and also about one ninth of the Rs 10.15 crore (3.8 per cent of TIO) in Q1-2014.

     

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

     

    Den Networks total expenditure in Q1-2015 at Rs 284.93 crore (95.4 per cent of TIO) was 5.9 per cent more than the Rs 269.18 crore (89.2 per cent of TIO) in Q4-2014 and was 24 per cent more than the Rs 229.69 crore (31.6 per cent of TIO) in the corresponding year ago quarter.

     

    One of the major components of total expenditure is content cost in the case of Den Networks. The company paid Rs 106.42 crore (35.6 per cent of TIO) towards this expense head in Q1-2015, which was 5.5 per cent more than the Rs 100.85 crore (33.4 per cent of TIO) in Q4-2014 and was 25.2 per cent more than the Rs 85.01 crore (31.6 per cent of TIO) in Q1-2014.

     

    Another major expense head is operational, administrative and other costs (admin cost). Den Networks admin cost in Q1-2015 at Rs 106.77 crore (35.7 per cent of TIO) which was 4.8 per cent more than the Rs 101.88 crore (33.8 per cent of TIO) and was 26.5 per cent more than the Rs 84.41 crore (31.4 per cent of TIO) in Q1-2014.

     

    Based on the new accounting norms for calculating depreciation, the net effect is a higher depreciation of Rs 1.48 crore, which has resulted in a lower PAT in the current quarter.

     

    The company says that it has deployed 2.7 lakh set-top boxes in the current quarter.

     

    Den, through its wholly owned subsidiary – Den Soccer Pvt Ltd, has been awarded the team rights for Delhi – its home town. The team is named ‘Delhi Dynamos FC’. ISL is founded by IMG Reliance and Rupert Murdoch’s Star Group, under the aegis of All India Football Federation (AIFF). The inaugural season of the League is scheduled to begin in October, 2014.

     

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  • Sahara One Q1-2015 revenue down 87 per cent; company posts higher q-o-q loss

    Sahara One Q1-2015 revenue down 87 per cent; company posts higher q-o-q loss

    BENGALURU: Sahara One Media and Entertainment Limited (Sahara One) posted 87.3 per cent lower revenue (TIO) at Rs 11.19 crore in Q1-3015 as compared to the Rs 20.95 crore in Q4-2014 and less than half (40.75 per cent) of the Rs 27.42 crore the company had posted for the corresponding year ago quarter.

     

    The company’s q-o-q loss is at Rs 2.31 crore in Q1-2015 was about 15 times more than the Rs. 0.15crore in the immediate trailing quarter. In Q1-2014, Sahara One had reported PAT of Rs 1.21 crore.

     

    Sahara One’s total expenditure in Q1-2015 at Rs 15.1 crore (135 per cent of TIO) was 35.9 per cent lower than the Rs 23.54 crore (112.4 per cent) reported in the immediate trailing quarter and 47.1 per cent lower than the Rs 28.54 crore (79.2 per cent of TIO) in Q1-2014.

     

    A major portion of Sahara One’s expenditure is towards purchase of content (Content cost). In Q1-2015, the company spent Rs 9.90 (88.5 per cent of TIO) crore towards this head, which was 42.4 per cent lower than the Rs 17.2 crore in Q4-2014 and 54.4 per cent lower than the Rs 21.73 crore in Q1-2014.

     

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