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Tag: PAT

  • Saregama reports subdued results for Q3-2014

    Saregama reports subdued results for Q3-2014

    BENGALURU: Saregama India Limited, which claims to be the custodian of over half the music ever recorded in India, reported lower numbers for Q3-2014 as compared to the immediate trailing and year ago quarters, despite its film and television serials segment recording a 15.6 per cent y-o-y  and 5.1 per cent q-o-q growth in operating revenue. The company received lower licence fees and paid lesser royalty fees in Q3-2014 as compared to the previous and corresponding last year.  At the same time, its cost of production of films, television serials and portal went up. 

     

    Overall, the company’s net total income from operations (net of excise duty) for Q3-2014 was 16.4 per cent lower at Rs 43.02 crore as compared to the Rs 51.43 crore in Q3-2013, and 5.5 per cent lower than the Rs 45.53 crore in Q2-2014. During 9M-2014, Saregama’s net total income fell 1.9 per cent to Rs 124.36 crore from Rs 126.74 crore in 9M-2013. For FY the, net total income reported was Rs 174.69 crore.

     

    Saregama’s Q3-2014 net profit at Rs 1.02 crore was a little more than one-fifth (20.61 per cent) of Rs 4.95 crore in Q3-2013 and less than half (about 40 per cent) of the Rs 2.49 crore in Q2-2014. For the nine month period ended December 31, 2014, the company’s net profit  was 37.6 per cent lower at Rs 5.34 crore as compared to the Rs 8.56 crore in 9M-2013. For FY 2013, the company reported PAT of Rs 10.88 crore. 

     

    Let us look at the other Q3-2014 figures reported by Saregama 

     

    Saregama received 17.7 per cent lower licensing fees at Rs 24.67 crore in Q3-2014 as compared to the Rs 29.96 crore in Q3-2013 and 15.2 per cent lower than the Rs 29.08 crore in Q2-2014. In 9M-2014, licensing fee income was Rs 76.71 crore, which was 0.58 per cent more than the Rs 76.27 crore in 9M-2013. For FY 2013, Saregama had licensing fee income of Rs 104.98 crore. 

     

    The company reports revenue from two segments – Music and Film and Television Serials (Production). 

     

    Music segment reported 29 per cent fall in revenue for Q3-2014 to Rs 26.13 from Rs 36.82 crore in Q3-2013, but reported an increase of 34.3 per cent from Rs 19.46 crore in Q2-2014. During 9M-2014, the Music segment’s revenue was down 16.6 per cent to Rs 80.68 crore from Rs 96.79 crore in 9M-2013. For FY 2013, the segment reported revenue of Rs 131.70 crore.

     

    Music segment’s operating profit in Q3-2014 at Rs 8.57 crore was down 25 per cent from Rs 11.42 crore in Q3-2013 and was just 2.5 per cent more than the Rs 8.36 crore in Q2-2014. In 9M-2014, operating profit was 17.3 per cent lower at Rs 26.24 crore as compared to the Rs 31.73 crore in 9M-2013. For FY 2013, Music segment reported revenue of Rs 51.33 crore. 

     

    The company’s Production segment reported operating revenue of Rs 16.89 crore, which was 15.6 per cent more than the Rs 14.61 crore in Q3-2013 and 5.1 per cent more than the Rs 16.07 crore in Q2-2014. The segment’s 9M-2014 operating revenue at Rs 43.68 crore was 45.4 per cent more than the Rs 29.95 crore in 9M-2013. For FY 2013, the segment reported operating income of Rs 42.99 crore.

     

    Production segment reported operating profit at Rs 0.69 crore as compared to an operating loss of Rs 1.28 crore y-o-y and was a little more than a fourth (about 27 per cent) of the Rs 2.54 crore operating profit in Q2-2014. For 9M-2014, the segment reported an operating profit of Rs 3.6 crore as compared to an operating loss of Rs 9.70 crore in 9M-2013. Saregama’s Production segment had reported an operating loss of Rs 11.49 crore in FY 2013. 

     

    The company’s Q3-2014 Total expense at Rs 41.70 crore was 12.4 per cent lower than the Rs 47.59 crore in Q3-2014 and was 4.4 per cent lower than the Rs 43.6 crore in Q2-2014. During the nine month period of the current year, Total expense was up by 0.35 per cent to Rs 119.37 crore from Rs 118.95 crore in 9M-2013. For FY 2013, the company’s Total expense was Rs 167.8 crore. 

     

    As mentioned above, Saregama’s cost of production of Films, Television Serials and portal in Q3-2014 was higher by 10.5 per cent at Rs 14.23 crore as compared to the Rs 12.88 crore in Q3-2013 and was 2.9 per cent more than the Rs 13.83 crore in Q2-2014. For 9M-2014, this expense head at Rs 37.03 crore was 32.6 per cent more than the Rs 27.92 crore in 9M-2013. For FY 2013, Saregama’s cost of production of Films, Television Serials and portal was Rs 39.55 crore. 

     

    The company’s Royalty expense in Q3-2014 was lower by 29.6 per cent at Rs 3.49 crore as compared to the Rs 4.96 crore in Q3-2013 and was less than half 42 per cent of the Rs 8.31 crore in Q-2014. In 9M-2014, Saregama’s royalty expense at Rs 15.24 crore was 29 per cent more than the Rs 11.81 crore in 9M-2013. For FY 2013, the royalty expense was Rs 15.64 crore. 

     

    Saregama’s advertising and sales promotion expense at Rs 2.17 crore in Q3-2014 was less than half (44 per cent) of the Rs 4.92 crore in Q3-2013 and 45.6 per cent more than the Rs 1.49 crore in Q2-2014. In 9M-2014, the company spent Rs 5.87 crore towards Ad expense, which was  (44.6) per cent lower than the Rs 10.59 crore in 9M-2013. In FY 2013, the company spent Rs 14.42 crore towards this expense head.

     

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  • Q3: Sri Adhikari Brothers PAT up 40%

    Q3: Sri Adhikari Brothers PAT up 40%

    BENGALURU:  Sri Adhikari Brothers Television Network reported a net profit of Rs 3.10 crore for Q3-2013, 40 per cent higher than Rs 2.21 crore a year ago and 36.1 per cent more than Rs 2.28 crore a quarter ago. The company’s 9M-2014 net profit rose 10.6 per cent to Rs 7.21 crore from Rs 6.52 crore a year ago. For FY-2013, the company had reported net profit of Rs 3.50 crore.

     

    The company’s income from operations for Q3-2014 rose 10.4 per cent to Rs 19.13 crore from Rs 17.33 crore in Q3-2013, and was 5.5 per cent more than the Rs 18.13 crore in Q2-2014. For 9M-2014, Sri Adhikari Brothers reported Rs 54.78 crore as income, which was 24.6 per cent more than the Rs 43.96 crore in 9M-2013. For FY 2013, Sri Adhikari Brothers reported Net Sales/Income from Operations at Rs 60.19 crore.

     

    Let us look at the other Q3-2014 numbers reported by Sri Adhikari Brothers:

     

    The company reported Total expense of Rs 15.47 crore in Q3-2014, which was 8 per cent more than the Rs 14.33 crore in Q2-2013 and 0.3 per cent more than the Rs 15.42 crore in Q2-2013. YTD, total expense was Rs 46.17 crore, 30.7 per cent more than Rs 35.32 crore in 9M-2014. For FY 2013, Sri Adhikari Brothers reported Total expense of Rs 53.60 crore.

     

    Sri Adhikari Brothers Production expense was up 16.3 per cent to Rs 11.59 crore in Q3-2014 from Rs 9.97 crore in Q3-2013 and was up 4.8 per cent from Rs 11.07 crore in Q2-2014. During 9M-2014, Sri Adhikari Brothers Production expense was up 49.7 per cent to Rs 33.35 crore from Rs 22.28 crore in 9M-2013. For FY 2013, Production expense was Rs 37.17 crore.

     

    The company paid (19.2) per cent lower finance cost in Q3-2014 at Rs 0.74 crore as compared to the Rs 0.91 crore in Q3-2013, but 66 per cent more than the Rs 0.44 crore in Q2-2014. During the nine month period of the current financial year, Sri Adhikari Brothers paid (46.5) per cent lower finance cost at Rs 1.6 crore as compared to the Rs 3 crore in 9M-2013. For FY 2013, finance cost was Rs 3.39 crore.

     

    Sri Adhikari Brothers Employee cost at Rs 0.37 crore in Q3-2014 was 18.4 per cent less than the Rs 0.45 crore in Q3-2013, but 2.5 per cent more than the Rs 0.36 crore in Q2-2014. YTD, Employee cost at Rs 1.10 crore was 13.2 per cent lower than the Rs 1.26 crore in 9M-2013. For FY 2013, employee cost reported by the company was Rs 1.45 crore.

     

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  • Film segment helps Tips report PAT in Q3

    Film segment helps Tips report PAT in Q3

    BENGALURU: Tips Industries Limited’s film distribution and production segment has reported operating profit of Rs 7.14 crore in Q3-2014, after losses in the first two quarters, helping the company report a net profit of Rs 6.38 crore in the third quarter.

     

    The film segment had last reported operating profit of Rs 13.95 crore in Q4-2013. In Q2-2014, the film segment reported operating loss of Rs 19.6 crore, which completely wiped the operating profit generated by Tips Audio segment and resulted in a net loss of Rs 22.32 crore for the company.

     

    In Q3-2013, the film segment had reported operating loss of Rs 2.08 crore, while the company had reported a PAT of Rs 0.63 crore. 

     

    The company’s audio products segment also reported operating profit of Rs 5.47 crore in the current quarter, which was 17.6 per cent lower than the Rs 6.63 crore in Q3-2013 and 55.6 per cent more than the Rs 3.51 crore in the immediate trailing quarter.

     

    Let us look at the other figures reported by Tips for Q3-2014 

     

    Total operating income in Q3-2014 at Rs 43.59 crore was 5.2 times the Rs 8.68 crore operating income in Q3-2013 and 1.4 per cent more than the Rs 42.99 crore in Q2-2014. 

     

    Total expense for Q3-2014 at Rs 34.52 crore was 5.22 times the Rs 6.62 crore in Q3-2013 and 45 per cent lower than the Rs 62.67 crore in Q2-2014. 

     

    The company’s major cost head is cost of production/distribution of films. The company spent Rs 28.38 crore towards this head in Q3-2014, which was 23.44 times the Rs 1.21 crore in the corresponding quarter of the previous year and (47) per cent lower than the Rs 53.44 crore in Q2-2014.

     

    Finance cost of Rs 3.04 crore for Q3-2013 was 2.59 times the Rs 1.18 crore in Q3-2013 and 2.1 per cent more than the Rs 2.98 crore in Q2-2013. 

     

    Tips audio segment operating income for Q3-2014 at Rs 7.08 crore was (15.6) per cent less than the Rs 8.39 crore in Q3-2013 9.2 per cent more than the Rs 6.48 crore in Q2-2014. 

     

    The company’s film segment reported income of Rs 36.5075 crore, almost the same as the Rs 36.5085 crore in the immediate trailing quarter. This segment had reported no income in Q3-2013.

     

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  • Den Networks reports higher revenue, lower PAT in Q3-2014

    Den Networks reports higher revenue, lower PAT in Q3-2014

    BENGALURU: Indian cable TV distribution company Den Networks Limited (Den Networks) reported 22.9 per cent consolidated revenue growth to Rs 297.24 crore in Q3-2014 as compared to the Rs 241.83 crore in Q3-2013 and a 7.5 per cent growth from Rs 276.58 crore in the immediate trailing quarter. YTD, Den Networks reported consolidated revenue of Rs 849.25 crore during nine months – 2014 which was 29 per cent more as compared to the Rs 658.54 crore during nine months (9M) – 2013. During FY 2013, Den Network’s Operating revenue was Rs 934.65 crore. 

     

    PAT (after minority interest) for the current quarter was down (59.1) per cent to Rs 7.02 crore in Q3-2014 as compared to the Rs 17.17 crore in Q3-2013 and was (37.2) per cent lower than the Rs 11.18 crore in the immediate trailing quarter. During 9M-2014, the company’s PAT at Rs 28.35 crore was down (37) per cent as compared to the Rs 44.94 crore in the corresponding nine month period of last year. 

     

    Let us look at the other Q3-2014 figures reported by Den Networks 

     

    Cable revenue for Q3 -2014 was Rs 281.00 crore as compared to Rs 229.66 crore in Q3 FY’13, up 22 per cent y-o-y and 7 per cent more than the Rs 263.32 crore in Q2-2014. Over 9M-2014, cable revenue was up 31 per cent to Rs 807.16 crore as compared to the Rs 617.18 crore in 9M-2013. 

     

    Cable EBIDTA in Q3-2014 was up 44 per cent to Rs 91.95 crore  from Rs 63.63 crore in Q3-2013 and was up 3 per cent from Rs 89.43 crore in Q2-2014.During 9M-2014 EBIDTA was 80 per cent higher at Rs 267.21 crore than the Rs 148.64 crore in 9M-2013. 

     

    Den Networks Total expense for Q3-2014 at Rs 238.63 crore was up 17.19 per cent as compared to the Rs 203.63 crore in Q3-2013 and 6.3 per cent more than the Rs 224.43 crore in Q2-2014. YTD, the company’s Total expense during 9M-2014 at Rs 692.75 crore was 23.7 per cent more than the Rs 560.20 crore in 9M-2013. The company reported Total expense of Rs 777 crore in FY 2013. 

     

    The networks content cost in Q3-2014 at Rs 95.33 crore was 15 per cent higher than the Rs 82.93 crore in Q3-2013 and was 5.3 per cent more than the Rs 90.54 crore in the immediate trailing quarter. During 9M-2014, Den Networks paid Rs 270.88 crore towards content cost, which was  19.3 per cent more than the Rs 227.03 crore in 9M-2013. During FY 2013, the company paid Rs 298.8 crore towards this cost head.

     

    Den Networks finance cost more than doubled (up 2.08 times) in Q3-2014 to Rs 24.40 crore from Rs 11.69 crore in Q3-2013 and was up 0.5 per cent from Q2-2014’s Rs 24.28 crore. YTD, in 9M-2014, the company paid Rs 696.94 crore which was 2.28 times the Rs 30.72 crore in 9M-2013. During FY 2013, finance cost was Rs 40.78 crore. 

     

    The company says that out of a total subscriber base of 1.3 crore homes, approximately 0.57 crore homes have been converted to digital. It claims to be present in 27 out of a total of 41 Phase 1 and 2 cities and approximately 0.5 crore set top boxes have been deployed in these markets.

     

    Den Networks further says that it has an estimated analog base of 0.8 crore homes in its Phase 3 and 4 markets. The company says that is well capitalised to meet the deployment requirements of its existing subscriber base in these cities. More than 0.07 crore set top boxes have already been installed and the pace of deployment is expected to pick up rapidly as the deadline approaches. The company says that it has also launched digital services in several major cities and towns of Uttar Pradesh, Maharashtra, Bihar, Rajasthan and West Bengal over the last few months.

     

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  • Prime Focus Q3 PAT Rs 10.33 crore vs loss a year ago

    Prime Focus Q3 PAT Rs 10.33 crore vs loss a year ago

    BENGALURU: Indian visual effect and 3-D conversion company Prime Focus Limited has reported consolidated net profit of Rs 10.33 crore in the third quarter ended 31 December, 2013 against a loss of Rs 63.27 crore a year ago.

     

    The consolidated net profit in the third quarter was, however, less than half of Rs 21.34 crore a quarter earlier. The company had a foreign exchange gain of Rs 20.37 crore (95.4 per cent of net profit) in the second quarter of 2013-14, against foreign exchange gain of Rs 3.80 crore in the third quarter.

     

    In the nine months ended 31 December, 2013, Prime Focus reported exchange gain of Rs 38.23 crore, nearly four times Rs 9.76 crore gain a year ago. For 2012-13, the company had a foreign exchange gain of Rs 6.75 crore. 

     

    Let us look at the other Q3-2014 figures reported by Prime Focus

     

    Prime Focus reported 18.3 per cent rise in Income from operations to Rs 213.68 crore in Q3-2014 from Rs 180.68 crore in the same quarter of FY 2013 and was 9 per cent more than the Rs 196.06 crore during Q2-2014. YTD, its Income from operations at Rs 598.20 crore was 5.8 per cent more than the Rs 565.27 crore of the nine month periods of last year. For FY 2013, Prime Focus had reported Income from operations of Rs 762.16 crore. 

     

    Total expenditure at Rs 194.09 crore for Q3-2014 was 11.5 per cent more than the Rs 180.81 crore for Q3-2013, and 8.2 per cent more than the Rs 179.42 crore for the immediate trailing quarter Q2-2014. YTD, Prime Focus reported Total expenditure of Rs 541.73 crore , which was 5.75 per cent more than the Rs 512.26 crore  during the corresponding nine month period of FY 2013. The company reported Total expense of Rs 686.76 crore in FY 2013. 

     

    Personnel cost for Q3-2014 at Rs 89.38 crore was 14.6 per cent more than the Rs 78.02 crore  for the corresponding quarter of last year (Q3-2013) and 11.9 per cent more than the Rs 79.85 crore  for Q2-2014. 

     

    The company paid Rs 15.61 crore towards technician fee for Q3-2014, 7.4 per cent more than the Rs 14.53 crore a year ago, and (1.8) per cent lower than the Rs 15.89 crore for Q2-2014. 

     

    Depreciation and amortisation cost for Q3-2014 at Rs 25.17 crore was 10.6 per cent higher than the Rs 22.75 crore y-o-y but (11.5) per cent lower than the Rs 28.44 crore for Q2-2014. 

     

    Other expenditure for Q4-2014 at Rs 63.80 crore was 8.7 per cent more than the Rs 58.68 crore y-o-y and 15.5 per cent more than the Rs 55.25 crore q-o-q. 

     

    Prime Focus paid Rs 16.28 crore towards finance costs for Q3-2014, 32.5 per cent more than the Rs 12.29 crore for Q3-2013 and 46.8 per cent more than the Rs 11.09 crore for the trailing quarter (Q2-2014).

     

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  • Q3-2014: TV Today PAT up 34.5% on year; Oye! FM operating loss narrows

    Q3-2014: TV Today PAT up 34.5% on year; Oye! FM operating loss narrows

    BENGALURU: TV Today Network Limited (TVTN), a part of the India Today group, has reported its net profit in the third quarter ended 31 December, 2013 rose 34.5 per cent to Rs 20.65 crore from Rs 15.35 crore a year ago.

     

    The company’s net profit in the third quarter was 60.9 per cent higher than Rs 12.83 crore in the second quarter of 2013-14.

     

    For the nine months ended 31 December, 2013, TV Today Network’s net profit at 45.46 crore was 7.77 times Rs 5.85 crore a year ago. For 2012-13, the company’s net profit was 12.21 crore.

     

    TVTN’s radio broadcasting business under the brand Oye! FM reported that its operating loss for the first nine months of 2013-14 narrowed by 31.1 per cent to Rs 7.24 crore from Rs 10.51 crore a year ago.

     

    For the third quarter, Oye! FM’s operating loss narrowed by 9.5 per cent to Rs 2.9 crore from Rs 3.2 crore a year ago. Its operating loss for the third quarter was, however, higher than the operating loss of Rs 2.02 crore a quarter ago.

     

    For 2012-13, Oye! FM had an operating loss of Rs 13.24 crore.

     

    TVTN’s television broadcasting segment reported a phenomenal 68.4 per cent growth in operating profit to Rs 33.75 crore in the third quarter of 2013-14 from Rs 20.04 crore a year ago.

     

    The television broadcasting segment’s operating profit in the first nine months at Rs 76.2 crore was 3.62 times a year ago’s Rs 21.1 crore. For 2012-12, the television segment reported operating profit of Rs 32.79 crore.

     

    Let us look at the other Q3-2014 figures reported by TVTN

     

    TVTN’s Operating Revenue at Rs 110.94 crore for Q3-2014 was 22.8 per cent higher than the Rs 90.37 crore of the corresponding quarter of last year and 21.3 per cent more than the Rs 91.45 crore in the immediate trailing quarter. For the nine month period ended December 31, 2013, TVTN saw a growth of Operating Revenue by 27.6 per cent to Rs 291.24 crore from Rs 228.22 crore in the corresponding nine month period of last year. For FY 2013, TVTN had Operating Revenue of Rs 312.44 crore.

     

    TVTN’s Total expense for Q3-2014 at Rs 82.23 crore was 9.4 per cent more than the Rs 75.21 crore in Q3-2013 and 11.8 per cent more than the Rs 73.54 crore for Q2-2014. YTD, TVTN’s Total Expense at Rs 227.04 crore was 3.4 per cent more than the Rs 219.66 crore in the corresponding nine month period of FY2013. TVTN’s Total Expense for FY 2013 was Rs 297.55 crore.

     

    TVTN’s Production Cost for Q3-2014 was 16.3 per cent higher at Rs 10.85 crore as compared to the Rs 9.33 crore in Q3-2013 and 34.7 per cent more than the Rs 8.06 croes in the immediate trailing quarter. For the nine month period ended December 31, 2013, TVTN’s Production Cost went up 3.3 per cent to Rs 27.94 crore from Rs 27.06 crore in the corresponding nine month period of last year. For FY 2013, the company’s Production Cost was Rs 37.42 crore.

     

    TVTN spent Rs 25 crore in Q3-2014 towards Advertisement, Distribution and Sales Promotion (Ad Spend) which was 8.8 per cent more than the Rs 22.98 crore in Q3-2013 and 9 per cent more than the Rs 22.93 crore in Q2-2014. YTD, TVTN’s Ad Spend at Rs 67.62 crore was 1.75 per cent more than the Rs 66.46 crore in the corresponding nine month period of FY 2013. For FY 2013, TVTN’s Ad Spend was Rs 89.4 crore.

     

    Television segment had Operating Revenue of Rs 107.05 crore for Q3-2014, which was 21.7 per cent more than the Rs 87.97 crore in Q3-2013 and 22.2 per cent more than the Rs 87.62 crore in the immediate trailing quarter.  YTD, the company’s Television segment saw Operating Revenue grow by 26.9 per cent to Rs 280.57 crore as compared to the Rs 221.06 crore in the corresponding nine month period of FY 2013. For FY 2013, TVTN’s Television segment had Operating Revenue of Rs 302.69 crore.

     

    Oye! FM had Operating Revenue of Rs 4.37 crore in Q3-2014, which was 76.8 per cent more than the Rs 2.47 crore in the corresponding quarter of last fiscal and 7 per cent more than the Rs 4.08 crore in Q2-2014. YTD, Oye! FM reported Operating revenue of Rs 11.46 crore in the current fiscal, which was 56.4 per cent more than the Rs 7.33 crore during the corresponding nine month period of FY 2013. For FY 2013, Oye! FM reported Operating Revenue of Rs 9.98 crore.

  • ETC registers 159% growth in Q3

    ETC registers 159% growth in Q3

    MUMBAI: ETC Networks Limited has registered a profit after tax (PAT) of Rs 43 million on a turnover of Rs 326.6 million for the nine-month period ended December 31, 2000. PAT for the quarter ended December 31, 2000 is Rs 21.2 million, registering a growth of 159 per cent over the previous quarter ended September 30, 2000 at Rs 13.3 million.

     

    In just its second year of operation, ETC has not only consistently retained the top position among music-based channels in viewership rating but also translated this popularity to very impressive revenue and profit figures, according to a company press release issued on Friday.

     

    ETC Channel Punjabi, the regional channel under the umbrella of ETC Networks Ltd., which has just completed only its second quarter of operation, is also doing extremely well, having beaten all established Punjabi channels in the ratings war, as also attracting impressive revenue figures.

     

    Etc hopes to consolidate its position with a whole slew of new programmes which are scheduled to come on air in the near future.

  • Inventory increase jacks Sahara One profit for Q2-2014 despite 31.1 per cent revenue drop

    Inventory increase jacks Sahara One profit for Q2-2014 despite 31.1 per cent revenue drop

    BENGALURU: Sahara One Media and Entertainment Limited (Sahara One) reported increase in inventory of Rs 3.64 crore for Q2-2014 (90.8 per cent of the total PAT) as compared to reduction in inventory of Rs 1.39 crore for Q2-2013 and a reduction in inventory of Rs 1.73 crore for Q1-2014.

     

    Sahara One reported a PAT of Rs 4.1 crore, 8.1 per cent higher than the PAT of Rs 3.79 crore for the corresponding period of last year and more than triple (3.38 times more) the Rs 1.21 crore for the immediate trailing quarter.

     

    Despite a 31.1 per cent drop in Income from operations for the current quarter to Rs 22.61 crore as compared to the Rs 32.80 crore for y-o-y and a reduction of 17.5 as compared to the Rs 27.42 crore q-o-q, the company reported an increase in PAT. The company reported a PBT of Rs 6.15 crore which was 8.8 per cent higher than the Rs 5.65 crore for Q2-2013 and more than triple (3.47 times) the Rs 1.77 crore for the immediate preceding quarter.

     

    Let us look at the other results for Q2-2014 recorded by Sahara One

     

    Other income for Q2-2014 at Rs 2.54 crore was less than half (43.8 per cent) of the Rs 5.79 crore for Q2-2013 and 12.5 per cent lower than the Rs 2.9 crore for Q1-2014.

     

    Total Expenditure reported for Q2-2014 at Rs 18.99 crore was 57.7 per cent of the expenditure of Rs 32.94 crore for Q2-2013 and 33.6 per cent lower than the Rs 28.54 crore for Q1-2014. However, if one were to neglect the effect of the above mentioned increase in inventory of Rs 3.64 crore for Q2-2014 total expense was Rs 22.63 crore.

     

    For Q2-2014, the company reported lower expenditure towards purchase of content at Rs 17.51 crore, as compared to the Rs 27.41 crore (36.1 per cent lower y-o-y ) and 19.4 per cent lower than the Rs 21.73 crore for Q1-2014.

     

    The company has reported revenues from three sources – Television and Movies segments and unallocated revenue.

     

    Television segment reported a 30 per cent drop in revenue to Rs 23.46 crore for Q2-2014 as compared to the Rs 33.53 crore for Q2-2013 and 17 per cent lower than the Rs 28.26 crore for Q1-2014. This segment reported operating profit at Rs 7.29 crore that was more than double (2.52 times) the Rs 2.90 crore for Q2-2013 and almost triple (2.93 times) as compared to the Rs  2.49 crore for Q1-2014.

     

    Income from the movies segment was nil for the current and the corresponding quarter of the last quarter, and just Rs 0.0134 crore for Q1-2014. This segment reported a loss of Rs (-0.1969) crore for Q2-2014 as compared to a loss of Rs (-31.07) crore for Q1-2013 and Rs (-0.1573) crore for Q1-2014.

     

    Sahara One reported unallocated income of Rs 1.68 crore for Q2-2014, a little less than one third (33.13 per cent) of the Rs 5.07 crore for Q2-2013 and 17.7 per cent lower than the Rs 2.04 crore for Q1-2014. For Q2-2014, this revenue source reported a 68.6 per cent higher loss at Rs (-0.94) crore as compared to the loss of Rs (-0.55) crore for the corresponding quarter of last year. Unallocated source of income reported a positive Rs 3.08 crore for Q1-2014.

     

    Capital employed (Segment assets minus segment liabilities) by the television segment rose 80.6 per cent to Rs 78.09 crore for Q2-2014 as compared to the Rs 43.25 crore for Q2-2013 and 34.8 per cent higher than the Rs 57.95 crore for Q1-2014.

     

    Capital employed by the movies segment at Rs 86.27 crore for Q2-2014 was 3.1 per cent more than the Rs 83.71 crore for Q2-2013 and almost flat as compared to the Rs 82.17 crore for Q1-2014.

     

    Unallocated capital employed for Q2-2014 at Rs 133.62 crore was 19.5 per cent lower than the Rs 165.99 crore for Q2-2013 and 10.8 per cent lower than the Rs 149.77 crore for Q1-2014.

  • Despite lower y-o-y revenue, Radaan reports higher PAT for Q2-2014

    Despite lower y-o-y revenue, Radaan reports higher PAT for Q2-2014

    BENGALURU: The R. Radhikaa Sharathkumar led south Indian television production house Radaan Mediaworks reported standalone revenue of Rs 7.39 crore and a PAT of Rs 0.20 crore for Q2-2014 as compared to revenue of Rs 8.92 crore and a PAT of Rs 0.188 crore for the corresponding quarter of last year. For Q1-2014, the company had reported revenue of Rs 7.63 crore and a PAT of Rs 0.183 crore.

     

    For FY-2013 (year ended March 31, 2013), Radaan had reported revenue of Rs 33.01 crore and a PAT of Rs 1.051 crore.

     

    Radaan’s EBIDTA however at Rs 0.661 crore was 14.2 per cent lower than the Rs 0.77 crore y-o-y, but 11.1 per cent higher than the Rs 0.595 crore for Q1-2014.

     

    Radaan’s expenditure for Q2-2014 at Rs 6.73 crore was 17 per cent lower than the Rs 8.14 crore for Q2-2013 and four per cent lower than the Rs 7.04 crore for the immediate trailing quarter Q1-2014.

     

    The company paid two per cent more towards interest at Rs.0.309 crore as compared to the Rs 0.303 crore for Q2-2013 and 15.7 per cent more than the Rs 0.267 crore for Q1-2014.

  • Sri Adhikari Brothers PAT q-o-q jumps 25 per cent in Q2-2014

    Sri Adhikari Brothers PAT q-o-q jumps 25 per cent in Q2-2014

    BENGALURU:  Sri Adhikari Brothers Television Network Limited (Sri Adhikari Brothers) reported a PAT of Rs 2.28 crore for Q2-2013, 24.6 per cent higher than the q-o-q PAT of Rs1.83 crore for Q1-2014.But Q2-2014 PAT dropped by 13 per cent as compared to the y-o-y PAT of Rs 2.62 crore for the corresponding quarter of last year (Q2-2013). The content provider had reported a loss of Rs 3.02 crore for Q4-2013.

     

     Net Sales/Income from operations for Q2-2014 at Rs 18.13 crore was 3.5 per cent higher than the Rs 17.52 crore for the trailing quarter (Q1-2014) and 29 per cent higher than the Rs 14.05 crore for Q2-2013.

     

    Let us look at the other results reported by Sri Adhikari Brothers for Q2-2014.

     

    Earnings before interest, depreciation and taxes (EBIDT) for Q2-2014 at Rs 5.04 crore was 10.7 per cent more than the Rs 4.56 crore for Q1-2014, but 15.8 per cent less than the EBIDT of Rs 5.99 crore for the corresponding quarter of last year.

     

    Sri Adhikari Brothers’ total expenditure for Q2-2014 at Rs 15.42 crore was about 0.9 per cent more than the Rs15.28 crore for Q1-2014 and 38.4 per cent more than the Rs 11.14 crore for Q2-2013.

     

    Production/direct expenditure for Q2-2014 at Rs 11.07 crore was 3.7 per cent more than the Rs 10.68 crore for Q1-2014 and 48.8 per cent more than the Rs 7.44 crore for Q2-2013.

     

     Other expenditure at Rs 1.67 crore for Q2-2014 was 13.4 per cent lower than the Rs 1.93 crore for Q1-2014 and 40.4 per cent more than the Rs 1.19 crore for the corresponding quarter of last year.

     

    Depreciation was almost flat for the three quarters – Rs 2.32 crore for Q2-2014, Rs 2.30 crore for Q1-2014 and Rs 2.36 crore for Q2-2013.

     

    Interest and finance charge for Q2-2014 at Rs 0.4437 crore was 4.6 per cent higher than the Rs 0.4241 crore for Q1-2014 and less than half (41.4 per cent) of the Rs 1.0223 crore q-o-q.

     

    Notes:  (1) In the AGM held on 27 September 2013, the company declared and paid final dividend at the rate of Rs 0.60 per equity share of Rs 10 each aggregating to Rs 1.4967 crore

     

    (2) Provision for tax and deferred tax as applicable will be considered by the company at the end of the financial year