ITV

Tag: PBIT

  • ITC profit rises eight per cent as revenue hits Rs 18,953 crore in Q3 FY25

    ITC profit rises eight per cent as revenue hits Rs 18,953 crore in Q3 FY25

    MUMBAI: ITC has wrapped up the third quarter of FY25 on a strong note, delivering an eight per cent year-on-year (YoY) growth in gross revenue to Rs 18,953 crore, despite facing inflationary headwinds. The company’s diversified portfolio—spanning FMCG, agri-business, cigarettes, and paper—helped offset rising input costs in wheat, edible oil, and tobacco.

    The cigarette segment, ITC’s profit engine, recorded an 8.1 per cent YoY rise in net revenue, with segment profit before interest and tax (PBIT) up 4.1 per cent, aided by strategic portfolio interventions and premium offerings. FMCG (excluding cigarettes) grew four per cent YoY, driven by atta, spices, frozen snacks, and personal care products. The agri-business segment surged 9.7 per cent, powered by leaf tobacco and value-added agri exports, lifting PBIT by a robust 21.6 per cent.

    ITC’s paper and packaging business remained under pressure due to low-priced Chinese and Indonesian imports and rising domestic wood prices, though portfolio expansion and export growth provided some relief. Meanwhile, the recently demerged hotels business delivered its best-ever quarterly performance, with a 14.6 per cent YoY revenue jump to Rs 922 crore and a 43.4 per cent rise in PBT to Rs 302 crore, driven by weddings, retail, and F&B. The Hotels business was officially demerged into ITC Hotels Limited (ITCHL) with effect from 1st January 2025 and is now reported as ‘Discontinued Operations’ in line with Indian Accounting Standards.

    EBITDA for the quarter rose 3 per cent YoY, with a 4.5 per cent increase excluding the paper segment. Profit before tax (PBT) before exceptional items stood at Rs 6,847 crore, while profit after tax (PAT) reached Rs 5,638 crore. Earnings per share (EPS) for the quarter stood at Rs 4.51.

    The board has recommended an interim dividend of Rs 6.50 per share, reinforcing ITC’s strong shareholder returns. Looking ahead, the company remains optimistic, banking on premiumisation, strategic cost management, and sustained investments in emerging growth segments.

  • TV Today Q1-2014 PAT almost doubles Q4-2013; Radio shows improved results

    TV Today Q1-2014 PAT almost doubles Q4-2013; Radio shows improved results

    BENGALURU: Indian broadcaster TV Today Network Limited (TV Today) reported a PAT of Rs 11.98 crore for Q1-2013, almost double (88.5 per cent higher) than the Rs 6.36 crore profit for Q4-2013. The company had reported a loss of Rs 0.35 crore for Q1-2013.

     

    Its FM Radio Broadcasting segment (radio) showed improved performance in Q1-2014 as compared to Q1-2013 and Q4-2013. Loss from the radio segment of Rs 2.33 crore was about half (51.2 per cent) of Rs 4.54 crore in Q1-2013 and 15 per cent lower than the loss of Rs 2.74 crore in Q4-2013. Revenue from radio in Q1-2014 at Rs 3.02 crore was higher by 36.6 per cent as compared to the Rs 2.21 crore in Q1-2013 and 14.1 per cent higher than the Rs 2.64 crore in Q4-2013.

     

    Let us take a look at TV Today’s other results for Q1-2014

     

    TV Today’s net income from operations for Q1-2014 at Rs 88.90 crore increased 25.8 per cent as compared to the Rs 70.64 crore for Q1-2013 and was 5.5 per cent higher than the Rs 84.27 crore for Q4-2013.

     

    Its profit from operations before other income, finance costs and exceptional items in Q1-2014 at Rs 17.62 crore almost trebled (was 276 per cent up) as compared to the profit of Rs 6.38 crore for Q4-2013. The company had reported a loss from operations before other income, finance costs and exceptional items of Rs 0.49 crore for Q1-2013.

     

    Exceptional items included the Rs 1.57 crore the company had paid in Q1-2013 to Prasar Bharti and BSNL under protest towards telecast fee and interest thereon (Rs 0.8001 crore) and monitoring charges for foreign satellite (Rs 0.7691 crore) respectively in respect of earlier years

     

    TV Today’s overall expense for Q1-2014 was almost flat at Rs 71.27 crore as compared to the Rs 71.13 crore for Q1-2013 and 8.5 per cent lower than the Rs 77.89 crore for Q4-2013.

     

    The network spent Rs 9.03 crore in Q1-2014 towards production cost, 13 per cent lower than the Rs 10.38 crore for Q4-2013, but 3.8 per cent more than the Rs 8.71 crore for Q1-2013.

     

    TV Today’s advertisement, distribution and sales expense at Rs 19.7 crore for Q1-2014 was lower by 9.7 per cent as compared to the Rs 21.81 crore in Q1-2013 and 14.1 per cent lower than the Rs 22.93 crore in Q4-2013.

     

    TV Today’s Television broadcasting revenue for Q1-2014 at Rs 85.89 crore was higher by 25.5 per cent as compared to the Rs 68.44 crore for Q1-2013 and 5.2 per cent more than the Rs 81.63 crore for Q4-2013.

     

    It’s Television Broadcasting business had a PBIT (Profit before interest and tax) of Rs 21.18 crore for Q1-2014 was almost five times (4.98 times) the Rs4.25 crore for Q1-2013 and was 81.1 per cent higher as compared to the Rs 11.69 crore for Q4-2013.

     

    TV Today has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers Pvt. Ltd. (Mail Today) for entering into print media. Though Mail Today is in the initail stages of operation and is presently incurring losses, the company is confident of its profitability and consequently of the carrying value of the investment.

  • RBNL’s radio business continues profitable run in Q1-2014

    RBNL’s radio business continues profitable run in Q1-2014

    BENGALURU: Note: The profit/loss figures mentioned collectively or for each segment in this report are profits before tax and interest (PBIT), unless stated otherwise.

     

    Reliance Broadcast Network Limited (RBNL) radio business which first returned a profit in Q3-2013 of Rs 3.36 crore, followed by a profit of Rs 8.06 crore in Q4-2013 continued its profitable run with positive figures of Rs 8.71 crore for Q1-2014.

     

    On a consolidated basis, RBNL reported a loss of Rs 15.76 crore for Q1-2014, about 55 per cent of the loss of Rs 28.705 crore loss during Q1-2013 and about 65.25 per cent of the Rs 24.154 crore loss reported for Q4-2013. RBNL reported a loss of Rs 91.73 crore for FY-2013.

     

    RBNL CFO Asheesh Chatterjee informed www.indiantelevision.com, “RBNL achieved cash break-even at consolidated level and remains PAT positive at standalone basis in Q1-2014.

    Radio business reported 31 per cent y-o-y growth in revenue and EBITDA of Rs 17.4 crore. TV business sustained leadership reporting 37 per cent y-o-y revenue growth.”

     

    Overall

     

    Q1-2014 consolidated total income of Rs 61.1 crore; increase of 26 per cent y-o-y
    Q1-2014 consolidated EBITDA at Rs 0.9 crore – achieves break even.
    Q1-2014 consolidated EBIT was Rs (9.8 crore)
    Q1-2014 standalone total income of Rs 58.5 crore; increase of 18 per cent y-o-y
    Q1-2014 standalone EBITDA at Rs 19 crore; increase of 382 per cent y-o-y.
    Q1-2014 standalone EBIT at Rs 8.8 crore; increase of 264 per cent y-o-y
    Q1-2014 standalone PAT at Rs 2.1 crore; increase of 112 per cent y-o-y.

     

    Let us look at RBNL’s figures from various segments in Q1-2014

     

    Radio

     

    Revenue from radio contributed a major chunk – Rs 47.27 crore or about 73.26 per cent of RBNL’s total revenue of Rs 64.53 crore and 76 per cent of Income from operations at Rs 62.19 crore during Q4-2014.

     

    Revenue from radio in Q1-2014 at Rs 47.27 crore grew 31.3 per cent as compared to the Rs 36.01 crore for Q1-2013 and grew 2.6 per cent as compared to the revenue of Rs 46.09 crore for Q4-2013.

     

    Q1-2014 radio standalone EBITDA at Rs 17.4 crore as against EBITDA of Rs 7.8 crore in Q1-2013; increase of 122 per cent y-o-y

     

    Q1-2014 radio standalone EBIT at Rs 8.7 crore as against EBIT of Rs (-1.0) crore in Q1-2013.

     

    TV Production

     

    TV Production, with a standalone revenue of Rs 5.90 crore, contributed 9.5 per cent to Income from operations during Q4-2014. Revenue from production in Q1-2014 grew by 11.8 per cent as compared to the revenue of Rs 5.28 crore in Q1-2013 and 29.24 per cent as compared to the revenue of Rs 4.57 crore in Q4-2013. Production suffered a loss in Q4-2014 of Rs 0.423 crore as compared to a profit of Rs 0.1059 crore in Q1-2013, but 16.11 per cent lower than the loss of Rs 0.504 crore reported for Q4-2013.

     

    Standalone EBDITA for Q1-2014 from this segment was Rs (-0.3) crore in Q1-2014 as compared to the EBDITA of Rs0.2 crore in Q1-2013 and Rs (-0.3) crore in Q4-2014.

     

    OOH

     

    Revenue from outdoor at Rs 1.995 crore in Q1-2014 was almost one third (34.5 per cent) of the revenue of Rs 5.99 crore in Q1-2013 and just 30.6 per cent of the Rs 6.303 crore in Q4-2013. Loss from this revenue segment in Q1-2014 was significantly lower (by 12.4 times) at Rs 0.1758 crore as compared to the loss of Rs 2.182 crore in Q1-2013. Outdoor returned a profit of Rs 0.1407 crore for Q4-2013.

    Standalone EBITDA from this segment was a positive Rs 1.2 crore during Q1-2014 as compared to a loss of Rs 1.8 crore in Q1-2013 and Rs 0.7 crore during Q4-2013
    Televison.

     

    Consolidated revenue of Rs 8.44 crore from television contributed 13.6 per cent of total revenue for Q1-2014. Revenue from this segment grew at 36.9 per ecent as compared to the Rs 6.16 crore reported for Q1-2013 and just half a per cent as compared to the Rs 8.39 crore for Q4-2013. Consolidated loss from television in Q1-2014 at Rs 18.06 crore was 54.4 per cent higher than the loss of 11.69 crore for Q1-2013, but was significantly lower by 32 per cent as compared to the Rs 26.54 crore loss for Q4-2013.

     

    RBNL CEO Tarun Katial said, “Reliance Broadcast Network has delivered a robust performance, breaking even at the operating level. Radio has delivered the highest ever Q1 performance, fortifying its position as the leading national network and both key businesses of radio and television are primed to benefit from government reforms.”

     

    RBNL says that its flagship general entertainment channel Big Magic which emerged a leader in the Hindi heartland, has steadily expanded distribution across the Hindi speaking markets of India, benefiting from phase II of television digitisation. Its ays that TRAI’s mandate to regulate advertisement inventory to 10 minutes per clock hour will translate into more equitable distribution of advertisement inventory across channels, resulting in increased advertisement flow to both radio and emerging channels like Big Magic, Big CBS and Big RTL Thrill.