ITV

Tag: Raj TV

  • MDMK’s Vaiko to launch Madhimugam TV

    MDMK’s Vaiko to launch Madhimugam TV

    MUMBAI: Here’s another political party affiliated channel TV channel set to make its debut in the south of India. We are talking about Madhimugam, a Tamil satellite TV channel which has been launched by sympathisers and supporters of Vaiko’s Marumalarchi Dravida Munnetra Kazhagam (MDMK).

    The flag off is slated to take place on 14 July and Vaiko told local media that it is planned to be a news-cum-entertainment channel but it not a party channel nor is it its mouthpiece.. “The channel, however, will provide adequate space for my statements and functions without making a compromise on neutral views. The mainstream media does not give us adequate coverage,” he said.

    Madhimugam originates from the Tamil initials of the party’s name and it will be launching in a hyper competitive language market like Tamil Nadu where politicians and parties have strong affiliations with TV channels. Kalaignar TV (DMK), Jaya TV (AIADMK), Makkal TV (PMK), Captain TV (DMDK), Vasanth TV and Mega TV (Congress), Lotus TV (BJP) are some of the examples. The parent company operating the channel is RMT Network Pvt Ltd.

    Commercially successful players such as Sun TV, Raj TV, Star Vijay also hold a sway on audiences in terms of viewership because of their strong programming line ups. Cable TV and DTH networks are choc-a-bloc with different TV channels; hence, carriage is going to be a bit of a challenge for Madhimugam TV. It is quite likely it may get placed last on the SD channel list just before the HD channel pack as it has on networks such as VK Digital at channel No 148.

    Madhimugam TV has been sending out test signals for the past two months as a free to air service from Intelsat 17 at 66 degrees east. The advantage for the newbie is that a majority of the regional language services are beaming down using Intelsat 17.

  • BARC India issues notice to Raj TV

    BARC India issues notice to Raj TV

    MUMBAI: The Tamil Nadu based satellite television network Raj TV has been issued a legal notice by audience measurement body Broadcast Audience Research Council (BARC) India. As per media reports, in the show cause notice BARC alleged that certain ‘sample’ homes with BARC meters “have been approached and have been asked to watch your channel “Raj TV”, against payment of consideration.”

    “The network, in order to garner higher ratings, was perusing households with the meter boxes to tune in to its channels. BARC found this as a criminal offense and hence have issued a legal notice to the broadcaster,”a source close to the development informed. 

    However M Ragunathan, director of marketing at Raj Television Network termed the allegations as ‘baseless’ he told Times Of India, “Somebody has made a false complaint. We are meeting BARC over the same,” he said.

  • BARC India issues notice to Raj TV

    BARC India issues notice to Raj TV

    MUMBAI: The Tamil Nadu based satellite television network Raj TV has been issued a legal notice by audience measurement body Broadcast Audience Research Council (BARC) India. As per media reports, in the show cause notice BARC alleged that certain ‘sample’ homes with BARC meters “have been approached and have been asked to watch your channel “Raj TV”, against payment of consideration.”

    “The network, in order to garner higher ratings, was perusing households with the meter boxes to tune in to its channels. BARC found this as a criminal offense and hence have issued a legal notice to the broadcaster,”a source close to the development informed. 

    However M Ragunathan, director of marketing at Raj Television Network termed the allegations as ‘baseless’ he told Times Of India, “Somebody has made a false complaint. We are meeting BARC over the same,” he said.

  • Q3-2016: Raj TV numbers down

    Q3-2016: Raj TV numbers down

    BENGALURU: South Indian television network Raj TV Limited (Raj TV) reported 20 per cent lower YoY total net income from operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 16.26 crore as compared to Rs 20.32 crore and 8.3 per cent lower QoQ than Rs 17.73 crore. The company’s profit after tax (PAT) in the current quarter was a little more than a third (down 62.7 per cent) YoY at Rs 0.78 crore (PAT margin 4.8 per cent) as compared to Rs 2.09 crore (PAT margin 10.3 per cent), but tripled QoQ  as compared to Rs 0.26 crore (PAT margin 1.4 per cent).

     

    Raj TV’s EBIDTA in Q3-2016 was almost half (down 47.1 per cent) QoQ at Rs 3.95 crore (margin 24.3 per cent)  as compared to Rs 7.49 crore (36.9 per cent margin), but 1.8 per cent more QoQ than the Rs 3.88 crore (21.9 per cent margin).

     

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

     

    The company’s Total Expenditure (TE) in Q3-2016 at Rs 13.92 crore (85.6 per cent of TIO) was 24.1 per cent lower QoQ as compared to Rs 18/34 crore (59.6 per cent of TIO) and was 10 per cent lower QoQ as compared to Rs 15.46 crore (87.2 per cent of TIO) in the immediate trailing quarter.

     

    Raj TV’s cost of revenues in Q3-2016 increased 20 per cent QoQ to Rs 5.36 crore (33 per cent of TIO) as compared to Rs 4.46 crore (22 per cent of TIO) but declined 15.3 per cent QoQ as compared to Rs 6.33 crore (35.7 per cent of TIO) in Q2-2016.

     

    The company’s administrative expense in Q3-2016 declined 6.2 per cent to Rs 2.14 crore (13.1 per cent of TIO) as compared to Rs 2.28 crore (11.2 per cent margin) and was 4.4 per cent lower QoQ as compared to Rs 2.23 crore (12.6 per cent of TIO).

     

    Raj TV’s employee benefit expense (EBE) in Q3-2016 at Rs 5.68 crore (34.9 per cent of TIO) was 6.7 per cent lower YoY as compare to Rs 6.09 crore (30 per cent  of TIO) but was 7.8 per cent higher QoQ as compared to Rs 5.29 crore (29.8 per cent of TI).

  • Q3-2016: Raj TV numbers down

    Q3-2016: Raj TV numbers down

    BENGALURU: South Indian television network Raj TV Limited (Raj TV) reported 20 per cent lower YoY total net income from operations (TIO) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 16.26 crore as compared to Rs 20.32 crore and 8.3 per cent lower QoQ than Rs 17.73 crore. The company’s profit after tax (PAT) in the current quarter was a little more than a third (down 62.7 per cent) YoY at Rs 0.78 crore (PAT margin 4.8 per cent) as compared to Rs 2.09 crore (PAT margin 10.3 per cent), but tripled QoQ  as compared to Rs 0.26 crore (PAT margin 1.4 per cent).

     

    Raj TV’s EBIDTA in Q3-2016 was almost half (down 47.1 per cent) QoQ at Rs 3.95 crore (margin 24.3 per cent)  as compared to Rs 7.49 crore (36.9 per cent margin), but 1.8 per cent more QoQ than the Rs 3.88 crore (21.9 per cent margin).

     

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

     

    The company’s Total Expenditure (TE) in Q3-2016 at Rs 13.92 crore (85.6 per cent of TIO) was 24.1 per cent lower QoQ as compared to Rs 18/34 crore (59.6 per cent of TIO) and was 10 per cent lower QoQ as compared to Rs 15.46 crore (87.2 per cent of TIO) in the immediate trailing quarter.

     

    Raj TV’s cost of revenues in Q3-2016 increased 20 per cent QoQ to Rs 5.36 crore (33 per cent of TIO) as compared to Rs 4.46 crore (22 per cent of TIO) but declined 15.3 per cent QoQ as compared to Rs 6.33 crore (35.7 per cent of TIO) in Q2-2016.

     

    The company’s administrative expense in Q3-2016 declined 6.2 per cent to Rs 2.14 crore (13.1 per cent of TIO) as compared to Rs 2.28 crore (11.2 per cent margin) and was 4.4 per cent lower QoQ as compared to Rs 2.23 crore (12.6 per cent of TIO).

     

    Raj TV’s employee benefit expense (EBE) in Q3-2016 at Rs 5.68 crore (34.9 per cent of TIO) was 6.7 per cent lower YoY as compare to Rs 6.09 crore (30 per cent  of TIO) but was 7.8 per cent higher QoQ as compared to Rs 5.29 crore (29.8 per cent of TI).

  • Q2-2016: Raj TV YoY EBIDTA up 26%

    Q2-2016: Raj TV YoY EBIDTA up 26%

    BENGALURU: South Indian television network Raj TV Limited (Raj TV) reported 26.1 per cent higher EBIDTA (Total Income from Operations or TIO plus Depreciation & Amortisation minus Total Expenditure or TE) for the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 3.88 crore (21.9 per cent margin) as compared to the Rs 3.08 crore (15.5 per cent margin) in Q2-2015. EBIDTA for the current quarter was however lower than the Rs 4.47 crore (22.6 per cent margin) in the immediate trailing quarter.

     

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

     

    TIO in the current quarter was also 11.7 per cent lower at Rs 17.73 crore as compared to the Rs 20.08 crore in Q2-2015 and was 10.3 per cent lower than the Rs 19.76 crore in Q1-2016.

     

    The company’s profit after tax (PAT) in Q2-2016 declined by a massive 65.9 per cent to Rs 0.26 crore (1.4 per cent margin) as compared to the Rs 0.75 crore (3.8 per cent margin) in Q2-2015 and was 77.7 per cent lower than the Rs 1.15 crore (5.8 per cent margin) in Q1-2016.

     

    The company’s Total Expenditure (TE) in Q2-2016 at Rs 15.46 crore (87.2 per cent of TIO) was 12.2 per cent lower than the Rs 17.61 crore (87.7 per cent of TIO) and was 8.5 per cent QoQ as compared to the Rs 16.90 crore (85.2 per cent of TIO).

     

    Raj TV’s cost of revenues in Q2-2016 declined 26.8 per cent to Rs 6.33 crore (35.7 per cent of TIO) as compared to the Rs 8.65 crore (43.1 per cent of TIO) and was 13.3 per cent lower than the Rs 7.30 crore (37 per cent of TIO) in the immediate trailing quarter.

     

    The company’s administrative expense in Q2-2016 declined 21 per cent to Rs 2.23 crore (12.6 per cent of TIO) as compared to the Rs 2.83 crore (14.1 per cent of TIO) and was 17.9 per cent lower than the Rs 2.72 crore (13.8 per cent of TIO) in Q1-2016.

     

    Raj TV’s employee benefit expense (EBE) in Q2-2016 at Rs 5.29 crore (29.8 per cent of TI) was 4.3 per cent lower than the Rs 5.52 crore (27.5 per cent of TIO) and was 0.5 per cent more than the Rs 5.26 crore (26.6 per cent of TIO) in Q1-2016.

  • Channels uplinked for beaming overseas have to follow laws of receiving country: Rathore

    Channels uplinked for beaming overseas have to follow laws of receiving country: Rathore

    NEW DELHI: Although the 36 channels uplinked from India and downlinked overseas are not bound by the Programme and Advertising Codes, the Indian government said that the uplinked content should not contain anything, which is against the sovereignty, integrity and national security of India as well as its relations with friendly countries.

     

    The permission to these channels was given under the Uplinking Guidelines of November 2011.

     

    Minister of State for Information and Broadcasting Rajyavardhan Rathore told the Lok Sabha today that these channels will be required to ensure compliance of the rules and regulations of the target country for which content is being produced and uplinked.

     

    These channels will be required to preserve the recordings of proceedings for at least six months for monitoring purposes, he said.

     

    A majority of the channels are from the Zee Group targeting different countries including the United States and South Africa, while others include Raj TV and South Asia World TV.

  • Raj TV y-o-y revenue up 3.4%: PAT down 60.5%

    Raj TV y-o-y revenue up 3.4%: PAT down 60.5%

    BENGALURU: South Indian television network Raj TV Limited reported 3.4 per cent higher net Total Income from Operations (TIO) in the quarter ended 30 June, 2015 (Q1-2016) at Rs 19.76 crore as compared to Rs 19.11 crore in Q1-2015, but 14.1 per cent lower than Rs 22.99 crore in Q4-2015.

     

    The company’s profit after tax (PAT) in Q1-2016 declined by a massive 60.5 per cent to Rs 1.15 crore (5.8 per cent of TIO) as compared to the Rs 2.92 crore (15.3 per cent of TIO) in Q1-2015 and declined 56.3 per cent as compared to the Rs 2.64 crore (11.5 per cent of TIO) in the immediate trailing quarter.

     

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

     

    Raj TV’s simple EBIDTA without considering other income in Q1-2016 declined nine per cent to Rs 4.47 crore (22.6 per cent margin) as compared to the EBIDTA of Rs 4.92 crore (25.7 per cent margin) in the corresponding quarter of the previous year and was almost half (down 49.7 per cent) the EBIDTA in Q4-2015 of Rs 8.89 crore (38.7 per cent of TIO).

     

    The company’s Total Expenditure (TE) in Q1-2016 at Rs 16.90 crore (85.2 per cent of TIO) was 14.2 per cent more than the Rs 14.80 crore (77.4 per cent of TIO) in Q1-2015 and 23.3 per cent more than the Rs 13.70 crore (59.6 per cent of TIO) in Q4-2015.

     

    Raj TV’s cost of revenues in Q1-2016 increased 17.3 per cent to Rs 7.30 crore (37 per cent of TIO) as compared to the Rs 6.22 crore (32.6 per cent of TIO) in Q1-2015 and was almost quadruple (3.82 times) the Rs 1.90 crore (8.3 per cent of TIO) in Q4-2015.

     

    The company’s administrative expense in Q1-2016 was up 7.1 per cent to Rs 2.72 crore (13.8 per cent of TIO) as compared to the Rs 2.54 crore (13.3 per cent of TIO) in Q1-2015 and was less than half (57 per cent lower) than the Rs 6.33 crore (27.5 per cent of TIO) in the immediate trailing quarter.

     

    Raj TV’s employee benefit expense (EBE) in Q1-2016 at Rs 5.26 crore (26.6 per cent of TIO) was 3.1 per cent lower than the Rs 5.43 crore (28.4 per cent of TIO) in Q1-2015 and 10.3 per cent lower than the Rs 5.87 crore (25.5 per cent of TIO) in Q4-2015.

     

    Raj TV’s tax expense in the current quarter Rs 0.57 crore was 43.2 per cent lower than the Rs 1.01 crore in Q1-2015 and a little more than one-ninth (1/8.8 times) the Rs 5.09 crore in Q4-2015.

     

    Click here to read unaudited financial result

  • FY-2015: Higher taxes, employee expenses brings Raj TV PAT down 37%

    FY-2015: Higher taxes, employee expenses brings Raj TV PAT down 37%

    BENGALURU: The burden of higher taxes coupled with employee expenses has eaten into the profits of South Indian television network Raj TV Limited.

     

    The company’s PAT was down 36.8 per cent in FY-2015 to Rs 8.16 crore (9.9 per cent of Total Income from Operations or TIO) as compared to PAT of Rs 12.91 crore in the previous fiscal.

     

    Raj TV’s PAT in Q4-2015 at Rs 2.64 crore (11.5 per cent of TIO) was more than double (2.63 times) the PAT of Rs 1.01 crore (5.6 per cent of TIO) in the corresponding quarter of last year (Q4-2014) and was 26.7 per cent more than the Rs 2.09 crore in the immediate trailing quarter Q3-2015.

     

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

     

    The company paid higher taxes in FY-2015 at Rs 4.81 crore as compared to the Rs 2.98 crore in the previous year. Tax expense in the current quarter stood at Rs 5.09 crore as compared to a mere Rs 0.06 crore in Q4-2014 and a tax credit of Rs 1.71 crore in Q3-2015.

     

    Raj TV’s employee benefit expense (EBE) in FY-2015 at Rs 22.9 crore (27.8 per cent of TIO) was 30.1 per cent more than the Rs 17.6 crore (22.2 per cent of TIO) in FY-2014. In Q4-2015, EBE at Rs 5.87 crore (25.5 per cent of TIO) was 24.8 per cent more than the Rs 4.74 crore (26.5 per cent of TIO) in Q4-2014 and 3.7 per cent lower than the Rs 6.09 crore (30 per cent of TIO) in Q3-2015.

     

    The company’s trade receivables in the current year declined to Rs 58.27 crore as compared to the Rs 62.06 crore in the previous year. At the same time, the company’s trade payables have risen to almost six-fold to Rs 2.63 crore as compared to Rs 0.43 crore in the previous year.

     

    Let us look at the other numbers reported by Raj TV:

     

    TIO in FY-2015 at Rs 82.5 crore was 3.8 per cent more than the Rs 79.47 crore in FY-2014. TIO in Q4-2015 at Rs 22.99 crore was 28.4 per cent more than the Rs 17.91 crore in Q4-2014 and was 13.1 per cent more than the Rs 20.32 crore in Q3-2015.

     

    Total Expenditure (TE) in FY-2015 at Rs 64.46 crore (78.1 per cent of TIO) was 7.5 per cent more than the Rs 59.97 crore (75.5 per cent of TIO) in FY-2014. TE in Q4-2015 at Rs 13.70 crore (59.6 per cent of TIO) was 11.3 per cent lower than the Rs 15.45 crore (86.3 per cent of TIO) in Q4-2014 and was 25.3 per cent less than the Rs 18.34 crore in Q3-2015.

     

    The company’s simple EBIDTA without considering other income in FY-2015 improved four per cent to Rs 24.38 crore (29.6 per cent margin) as compared to the EBIDTA Rs 23.45 crore (29.5 per cent margin) in the previous year. EBIDTA in Q4-2015 almost tripled (2.79 times) to Rs 8.89 crore as compared to the Rs 3.19 crore in Q4-2014 and was 18.7 per cent more than the Rs 7.49 crore in Q3-2015.

     

    Click here for the financial statement 

  • Q3-2015: Raj TV q-o-q PAT up 2.76 times

    Q3-2015: Raj TV q-o-q PAT up 2.76 times

    BENGALURU: South Indian television network Raj TV Limited (Raj TV) reported PAT of Rs 2.09 crore (10.3 per cent of Total Income from operations or TIO) in Q3-2015, which was a 2.76 times the Rs 0.755 crore (3. 8 per cent of TIO) in Q2-2015. Y-o-y PAT was 58.2 per cent less than the Rs 4.99 crore (20 per cent of TIO) in Q3-2014. Overall, FY-2015 has not been as profitable a year as FY-2014 was for Raj TV so far. During 9M-2015, the company reported PAT of Rs 5.51 crore (9.3 per cent of TIO) versus the Rs 13.11 crore (21.3 per cent of TIO) in 9M-2014.

     

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

     

    Raj TV’s TIO at Rs 20.32 crore in Q3-2015 was 1.2 per cent more than the Rs 20.08 crore in the immediate trailing quarter, but 18.4 per cent less than the Rs 24.92 crore in the corresponding year ago quarter. During 9M-2015, TIO at Rs 59.51 crore was 3.3 per cent lower than the Rs 61.56 crore in 9M-2014.

     

    Let us look at the other figures reported by Raj TV

     

    Raj TV’s Total Expenditure (TE) in Q3-2015 at Rs 18.34 crore (90.2 per cent of TIO) was 4.1 per cent higher than the Rs 17.61 crore (87.7 per cent of TIO) in Q2-2015 and was 1.3 per cent lower than the Rs 18.58 crore (74.6 per cent of TIO) in Q3-2014. During 9M-2015, the company’s TE at Rs 50.75 crore (85.3 per cent of TIO) was 14 per cent more than the Rs 44.52 crore (72.3 per cent of TIO) in 9M-2014.

     

    The company’s operations cost (cost of revenue or COR) in Q3-2015 at Rs 4.46 crore (22 per cent of TIO) was 48.4 per cent less than the Rs 8.65 crore (43.1 per cent of TIO) in Q2-2015 and was 41.4 per cent less than the Rs 7.62 crore (30.6 per cent of TIO) in Q3-2014. The company’s COR for 9M-2015 at Rs 19.34 crore (32.5 per cent of TIO) was 1.1 per cent lower than the Rs 19.55 crore (31.8 per cent of TIO) in 9M-2014.

     

    Raj TV’s administrative and other expense (A&OE) in Q3-2015 at Rs 2.28 crore (11.2 per cent of TIO) was 19.4 per cent lower than the Rs 2.83 crore (14.1 per cent if TIO) in Q2-2015 and was 27.3 per cent less than the Rs 3.13 crore (12.6 per cent of TIO) in Q3-2014. A&OE for 9M-2015 at Rs 7.65 crore (12.9 per cent of TIO) was 14 per cent lower than the Rs.8.89 crore (14.4 per cent of TIO) in 9M-2014.

     

    Employee Benefit Expense (EBE) in Q3-2015 at Rs 6.09 crore (30 per cent of TIO) was 10.3 per cent higher than the Rs 5.52 crore (27.5 per cent of TIO) in Q2-2015 and was 11.5 per cent less than the Rs 6.88 crore (27.6 per cent of TIO) in the corresponding quarter of 2014. EBE for 9M-2015 at Rs 17.04 crore (28.6 per cent of TIO) was 32.5 per cent more than the Rs 12.86 crore (20.9 per cent) in 9M-2014.

     

    The company’s finance costs have gone up 48.3 per cent y-o-y. For Q3-2015, finance cost at Rs 1.6596 crore (8.2 per cent of TIO) was 15.2 per cent more as compared to the Rs 1.4406 crore (7.2 per cent of TIO) in Q2-2015. In Q3-2014, finance cost was Rs 1.3878 crore (5.6 per cent of TIO). Finance cost in 9M-2015 at Rs 4.5472 crore (7.6 percent of TIO) was 42.4 percent more than the Rs 3.1927 crore (5.2 percent of TIO) in 9M-2014.