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Tag: total income

  • Voltas Q2: Net profit sinks 26 per cent to Rs 80 crore

    Voltas Q2: Net profit sinks 26 per cent to Rs 80 crore

    MUMBAI: Consumer electronics firm Voltas has posted net profit of Rs 80 crore for the quarter ended 30 September 2020. This is a decline of 26 per cent from the same quarter last fiscal when the company reported net profit of Rs 107.3 crore.

    The consolidated total income for the period was higher by 10 per cent at Rs 1,651 crores as compared to Rs 1,495 crores in the corresponding quarter last year. Earnings per share (face value per share of Re 1) (not annualized) as on 30 September 2020 was Rs 2.37 as compared to Rs 3.22 last year. 

    The results take into account the effect of merger of a 100 per cent subsidiary-universal comfort products limited with effect from 1 April 2019, which has been approved by the National Company Law Tribunal on 11 September 2020.

    Consolidated segment results for the quarter ended 30 September 2020:

    Unitary cooling products for comfort and commercial use: The business achieved overall volume growth of 14 per cent contributed by growth of 11 per cent in room air conditioners, 20 per cent in commercial refrigeration products and 28 per cent in air coolers. Voltas continued to be the market leader and has sustained its no 1 position in the room air conditioner business and further improved its market share to 26.8 per cent in August 2020. Segment revenue increased by nine per cent and was Rs 572 crores as compared to Rs 526 crores in the corresponding quarter last year. Segment result was higher by 37 per cent at Rs 63 crores as compared to Rs 46 crores in the corresponding quarter last year.

    Electro-mechanical projects and services: Segment revenue for the quarter was higher at 15 per cent at Rs 928 crores as compared to Rs 809 crores in the corresponding quarter last year. Segment result was Rs 23 crores as compared to Rs 56 crores last year primarily due to conservative time based provisions, amidst liquidity constraints on some of the old legacy projects. Carry forward order book of the segment was higher at Rs 6,852 crores as compared to Rs 6,567 crores in the corresponding quarter last year.

    Engineering products and services: Segment revenue and result for the quarter were at Rs 93 crores and Rs 29 crores as compared to Rs 80 crores and Rs 25 crores, respectively in the corresponding quarter last year.

    Consolidated results for the six month period ended 30 September:  Impacted by the Covid2019 lockdown, the consolidated total income for the six months period ended 30 September 2020 was at Rs 3,015 crores as compared to Rs 4,192 crores in the corresponding period last year. Profit before tax was at Rs 223 crores as compared to Rs 408 crores last year. Profit after tax was Rs 161 crores as against Rs 274 crores in the corresponding period last year. Earnings per share (face value per share of Re 1) (not annualized) as on 30 September 2020 was Rs 4.82 as compared to Rs 8.21 last year.

  • Zydus reports 4.9 per cent sales growth in Q2

    Zydus reports 4.9 per cent sales growth in Q2

    MUMBAI: Zydus Wellness Ltd reported a growth of 9.3 per cent in gross sales for the second quarter ending 30 September 2020. The total income from top line sales was reported at Rs 3,420 million, up by 4.9 per cent (y-o-y). 

    PBT before exceptional items was down by 63.1 per cent to Rs 74 million (y-o-y). However, the same was up by 27 per cent before GST budgetary support that ceased for Sitarganj plant from January 2020 onwards.

    During the quarter gone by, key brands namely, Sugar Free, Everyuth Scrub and Everyuth Peel Off, Glucon D and Nycil continued to hold strong positions in their respective categories.

    The company continued to grow the categories and increase market share of its brands with new offerings and expanding its reach through e-commerce channels and building brand advocacy during the quarter.

    Glucon-D ImmunoVolt was launched to tap the heightened need of Immunity products for kids. The product is fortified with Vitamin C, Vitamin D, and Zinc to boost immunity. Complan was launched in an economical and handy 75 gram sachet priced at Rs 30 per pack. Sugar Free has seen brisk sales in the e-commerce channel and has grown at more than 100 per cent versus the corresponding quarter last year on this channel. The quarter also witnessed the launch of Everyuth Aloe Vera & Cucumber Gel in face moisturizers segment.   

    During the quarter, the wellness brand completed preferential issue and QIP issue of equity shares by raising Rs 3,499 million and Rs 6,500 million respectively from the above issuance, the proceeds of which will be used towards redemption of non-convertible debentures. As a part of a strategic initiative to pare down the debt, the company bought back its own non-convertible debentures of Rs 11,050 million which will help the company reduce the debt burden and deleverage the balance sheet. In the process of buying back its own non-convertible debentures of Rs 11,050 million, the company has paid a one-time debenture redemption premium of Rs 980 million which is recorded as an exceptional item in the financials for the quarter.

    The completion of buy back of non-convertible debentures will result in lower interest cost and shall have a positive impact on the earning per share (EPS) of the company over a period of time.

  • Q3-2016: Den revenue up 31%, reports operating profit of Rs 43 crore

    Q3-2016: Den revenue up 31%, reports operating profit of Rs 43 crore

    BENGALURU: Den Networks Ltd reported 31 per cent YoY growth in consolidated Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 352.18 crore as compared to Rs 268.81 crore. TIO increased 29.8 per cent QoQ as compared to Rs 271.29 crore. The company reported EBIDTA of Rs 42.99 crore (12.2 per cent margin) in the current quarter as compared to an operating profit of Rs 0.28 crore (0.1 per cent margin) in Q3-2015 and an operating loss of Rs 11.27 crore in the immediate trailing quarter.

     

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

     

    Den reported a lower YoY and QoQ consolidated loss of Rs 48.37 crore in the current quarter as compared to a loss of Rs 62.60 crore in Q3-2015 and a loss of Rs 75.23 crore in the immediate trailing quarter.

     

    Segment Revenue

     

    Three segments contribute to Den’s revenue: Cable distribution network segment (Cable); Broadband segment and Soccer segment

     

    Cable segment reported 26.3 per cent YoY revenue growth at Rs 326.43 crore as compared to Rs 258.55 crore and 24.1 per cent QoQ growth as compared to Rs 263.06 crore. The cable segment reported an operating profit of Rs 32.64 crore, an operating loss of Rs 0.35 crore in Q3-2015 and an operating loss of Rs 32.11 crore in the immediate trailing quarter.

     

    The company’s broadband segment revenue increased by over five times YoY (5.5 times) at Rs 11.96 crore (3.4 per cent of TIO) as compared to Rs 2.17 crore (0.8 per cent of TIO) and increased 58 per cent QoQ as compared to Rs 8.23 crore (three per cent of TIO). The segment’s YoY operating loss increased to Rs 19.57 crore as compared to Rs 12.37 crore, but reduced QoQ as compared to Rs 23.07 crore.

     

    Den’s Soccer segment reported revenue of Rs 13.97 crore as compared to Rs 8.09 crore in Q3-2015 and nil revenue in Q2-2016. Soccer segment reported lower YoY operating loss of Rs 26.11 crore as compared to Rs 35.21 crore, but higher QoQ than the Rs 8.57 crore.

     

    Den’s Total Expenditure in the current quarter increased 15.3 per cent YoY to Rs 365.23 crore (103.7 per cent of TIO) as compared to Rs 316.74 crore (117.8 per cent of TIO) and increased nine per cent QoQ as compared to Rs 335.04 crore (123.5 per cent).

     

    Content cost in Q3-2016 increased 19.9 per cent YoY to Rs 131.94 crore (37.5 per cent of TIO) as compared to Rs 110.06 crore (40.9 per cent of TIO), but reduced 3.5 per cent YoY as compared to Rs 136.77 crore (50.4 per cent of TIO).

     

    Finance costs in the current quarter reduced 15.7 per cent YoY to Rs 19.73 crore (5.6 per cent of TIO) as compared to Rs 23.41 crore (8.7 per cent of TIO) and reduced 7.2 per cent QoQ as compared to Rs 21.25 crore (7.8 per cent of TIO).

  • Q3-2016: Den revenue up 31%, reports operating profit of Rs 43 crore

    Q3-2016: Den revenue up 31%, reports operating profit of Rs 43 crore

    BENGALURU: Den Networks Ltd reported 31 per cent YoY growth in consolidated Total Income from operations (TIO) in the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 352.18 crore as compared to Rs 268.81 crore. TIO increased 29.8 per cent QoQ as compared to Rs 271.29 crore. The company reported EBIDTA of Rs 42.99 crore (12.2 per cent margin) in the current quarter as compared to an operating profit of Rs 0.28 crore (0.1 per cent margin) in Q3-2015 and an operating loss of Rs 11.27 crore in the immediate trailing quarter.

     

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

     

    Den reported a lower YoY and QoQ consolidated loss of Rs 48.37 crore in the current quarter as compared to a loss of Rs 62.60 crore in Q3-2015 and a loss of Rs 75.23 crore in the immediate trailing quarter.

     

    Segment Revenue

     

    Three segments contribute to Den’s revenue: Cable distribution network segment (Cable); Broadband segment and Soccer segment

     

    Cable segment reported 26.3 per cent YoY revenue growth at Rs 326.43 crore as compared to Rs 258.55 crore and 24.1 per cent QoQ growth as compared to Rs 263.06 crore. The cable segment reported an operating profit of Rs 32.64 crore, an operating loss of Rs 0.35 crore in Q3-2015 and an operating loss of Rs 32.11 crore in the immediate trailing quarter.

     

    The company’s broadband segment revenue increased by over five times YoY (5.5 times) at Rs 11.96 crore (3.4 per cent of TIO) as compared to Rs 2.17 crore (0.8 per cent of TIO) and increased 58 per cent QoQ as compared to Rs 8.23 crore (three per cent of TIO). The segment’s YoY operating loss increased to Rs 19.57 crore as compared to Rs 12.37 crore, but reduced QoQ as compared to Rs 23.07 crore.

     

    Den’s Soccer segment reported revenue of Rs 13.97 crore as compared to Rs 8.09 crore in Q3-2015 and nil revenue in Q2-2016. Soccer segment reported lower YoY operating loss of Rs 26.11 crore as compared to Rs 35.21 crore, but higher QoQ than the Rs 8.57 crore.

     

    Den’s Total Expenditure in the current quarter increased 15.3 per cent YoY to Rs 365.23 crore (103.7 per cent of TIO) as compared to Rs 316.74 crore (117.8 per cent of TIO) and increased nine per cent QoQ as compared to Rs 335.04 crore (123.5 per cent).

     

    Content cost in Q3-2016 increased 19.9 per cent YoY to Rs 131.94 crore (37.5 per cent of TIO) as compared to Rs 110.06 crore (40.9 per cent of TIO), but reduced 3.5 per cent YoY as compared to Rs 136.77 crore (50.4 per cent of TIO).

     

    Finance costs in the current quarter reduced 15.7 per cent YoY to Rs 19.73 crore (5.6 per cent of TIO) as compared to Rs 23.41 crore (8.7 per cent of TIO) and reduced 7.2 per cent QoQ as compared to Rs 21.25 crore (7.8 per cent of TIO).

  • Q2-2016: Trilogic EBIDTA up 17.5% YoY

    Q2-2016: Trilogic EBIDTA up 17.5% YoY

    BENGALURU: Indian broadcast management and audio visual content syndication company Trilogic Digital Media Limited’s (Trilogic) EBIDTA for the quarter ended 30 September, 2015 (Q2-2016, current quarter) increased 17.5 per cent YoY to Rs 1.57 crore (14.4 per cent margin) from Rs 1.33 crore (7.9 per cent margin). Quarter-on-quarter, the company’s EBIDTA in Q2-2016 declined to almost a third (reduced by 64.2 per cent) from Rs 4.37 crore (14.4 per cent margin).

     

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

    (2) All numbers are standalone unless stated otherwise.

     

    Trilogic’s Total Income from Operations (TIO) reduced 35.7 per cent YoY to Rs 10.86 crore from Rs 16.88 crore and reduced 38.4 per cent QoQ from Rs 17.64 crore.

     

    The company’s PAT in Q2-2016 reduced 3.7 per cent to Rs 0.81 crore (7.5 per cent margin) from Rs 0.84 crore (five per cent margin) in the corresponding year ago quarter and reduced to less than a third (fell by 71 per cent) from Rs 2.79 crore (7.5 per cent margin) in the immediate trailing quarter.

     

    Total Expenditure in the current quarter reduced 38.2 per cent YoY to Rs 9.36 crore (88.7 per cent of TIO) from Rs 15.57 crore (92.3 per cent of TIO) and reduced 29.2 per cent QoQ from Rs 13.60 crore (77.1 per cent of TIO).

     

    Employee Benefits Expense in Q2-2016 increased 17.4 per cent to Rs 0.20 crore (1.8 per cent of TIO) from Rs 0.17 crore (one per cent of TIO) in Q2-2015, but reduced 22.2 per cent from Rs 0.26 crore (1.8 per cent of TIO) in Q1-2016.

  • Q2-2016: Saregama’s YoY revenue up 35.6% at Rs 55.87 crore

    Q2-2016: Saregama’s YoY revenue up 35.6% at Rs 55.87 crore

    BENGALURU: Indian custodians of music company Saregama Limited (Saregama) reported 35.6 per cent YoY growth in revenue or Total Income from Operations (TIO) for the quarter ended 30 September, 2015 (Q2-2016, current quarter). The company reported TIO of Rs 55.87 crore in the current quarter as compared to Rs 41.20 crore in the corresponding year ago quarter and 7.5 per cent QoQ growth from Rs 51.97 crore.

     

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

     

    Saregama reported year on year (YoY) increase in profit after tax (PAT) in Q2-2016. PAT in the current quarter was Rs 2.59 crore (4.6 per cent margin), while in Q2-2015, it was 2.08 crore (five per cent margin). QoQ, PAT declined slightly (declined by 1.5 per cent) from Rs 2.63 crore (5.1 per cent margin).

     

    Segment Numbers

     

    The company classifies its numbers by the two segments– Music and Television Serials (Television).

     

    Saregama’s Music segment reported 26.9 per cent YoY growth in operating revenue in Q2-2016 at Rs 32.94 crore (59 per cent of TIO) from Rs 25.96 crore (63 per cent of TIO) and 15.9 per cent QoQ growth from Rs 28.41 crore (54.7 per cent of TIO).

     

    Music segment operating profit in Q2-2016 grew 66.1 per cent YoY to Rs 10.98 crore from Rs 6.61 crore, but declined 8.9 per cent QoQ from Rs 12.05 crore.

     

    Saregama’s Television segment reported operating revenue of Rs 22.86 crore (40.9 per cent of TIO), which was 50 per cent more than the Rs 15.24 crore (37 per cent of TIO) in Q2-2015, but three per cent lower than the Rs 23.56 crore (45.3 per cent of TIO) in Q1-2016.

     

    The company’s Television segment reported operating profit of Rs 3.49 core in the current quarter as compared to an operating profit of Rs 0.19 crore in Q2-2015 and an operating loss in Q1-2016 of Rs 0.34 crore.

     

    Let us look at the other numbers reported by Saregama

     

    Saregama also reports revenue from three streams – Net Sales Income, License Fee, and Other. Net Sales Income in Q2-2016 increased 52.1 per cent YoY to Rs 23.31 crore (41.7 per cent of TIO) from Rs 15.53 crore (37.2 per cent of TIO), but declined by 2.1 per cent QoQ from to Rs 23.80 crore (45.8 per cent of TIO).

     

    License Fees income in the current quarter increased 25.7 per cent YoY to Rs 32.44 crore (58.1 per cent of TIO) from Rs 25.80 crore (62.6 per cent of TIO) and increased 15.2 per cent from Rs 28.15 crore (54.2 per cent of TIO) in Q1-2016.

     

    Other Income in the current quarter was Rs 0.05 crore; Rs 0.07 crore in Q2-2015; and Rs 0.02 crore, in Q1-2016.

     

    Saregama’s Total Expense in the current quarter at Rs 54.14 crore (96.9 per cent of TIO) was 34.2 per cent more than the Rs 40.33 crore (97.9 per cent of TIO) in Q2-2015 and 10.5 per cent more than the Rs 49 crore (94.3 per cent of TIO) in Q1-2016.

     

    The company’s Royalty Fee expense in Q2-2016 at Rs 5.34 crore (9.6 per cent of TIO) increased 16.6 per cent YoY from Rs 4.58 crore (11.1 per cent of TIO) and increased 11.5 per cent QoQ from Rs 4.79 crore (9.2 per cent of TIO).

     

    Saregama’s advertising and sales promotion expense in Q2-2016 at Rs 4.2 crore (7.5 per cent of TIO) increased 35.9 per cent YoY from Rs 3.09 crore (7.5 per cent of TIO) and almost doubled (increased 97.2 per cent) QoQ from Rs 2.13 crore (4.1 per cent of TIO).

     

    Employee Benefit Expense in the current quarter at Rs 11.41 crore (20.4 per cent of IO) was 68.3 per cent more than the Rs 6.78 crore (16.5 per cent of TIO) in Q2-2015 and 29.7 per cent more than the Rs 8.80 crore (16.9 per cent of TIO) in the immediate trailing quarter.