ITV

Tag: TV broadcasting segment

  • Q2-2014: TV Today reports Rs 12.83 cr as compared to loss in Q2-2013

    Q2-2014: TV Today reports Rs 12.83 cr as compared to loss in Q2-2013

    BENGALURU: TV Today Network Limited (TV Today) reported a PAT of Rs 12.83 crore for Q2-2014 as compared to a loss of Rs (-9.15) crore in Q2-2013. PAT for Q2-2014 was 0.7 per cent higher than the Rs 11.98 crore for Q1-2014.

     

    Its radio segment reported improved performance with a 27 per cent lower segment loss of Rs (-2.02) crore for Q2-2014, as compared to the Rs (-2.76) crore for Q2-2013 and 13.3 per cent lower loss as compared to the loss of Rs (-2.33) crore for Q1-2014.

     

    Let us look at the other results for Q2-2014 filed by TV Today

     

    Presently, TV Today runs four 24 hours news and current affairs channels, namely Aaj Tak, Dilli Aaj Tak and Tez in Hindi and Headlines Today in English.

     

    TV Today reported total income from operations of Rs 91.71 crore for Q2-2014, 36 per cent higher than the Rs 67.31 crore for Q2-2013 and three per cent higher than the Rs 88.85 crore for the immediate preceding quarter Q1-2014.

     

    TV Today’s TV broadcasting segment income from operations for Q2-2014 at Rs 87.62 crore was more than a third higher (higher by 35.2 per cent) than the Rs 64.56 crore for Q2-2013 and almost flat (two per cent higher) than the Rs 85.89 crore for Q1-2014.

     

    TV Broadcasting segment reported a profit from operations of Rs 21.27 crore for Q2-2014 as compared to the loss of Rs (-3.19) crore for Q2-2013 and almost flat as compared to the Rs 21.18 crore for Q1-2014.

     

    Its FM radio broadcasting segment reported a 54 per cent higher income from operations for Q2-2014 of Rs 4.08 crore as compared to the Rs 2.65 crore for Q2-2014 and 35 per cent higher than the Rs 3.02 crore for Q1-2014. As mentioned above, loss for Q2-2014 from FM radio broadcasting business was much lower as compared to y-o-y or q-o-q.

     

    Q2-2014 Total Expense at Rs 73.54 crore was almost flat as compared to the Rs 73.31 crore for Q2-2013 as well as the Rs 71.27 crore for Q1-2014.

     

    Production cost for Q2-2014 at Rs 8.06 crore was 10.6 per cent lower than the Rs 9.02 crore for Q2-2013 and the Rs 9.03 crore for Q1-2014.

     

    The network spent about six per cent more in Q2-2014 towards Advertisement, Distribution and Sales Promotion expenses at Rs 22.93 crore as compared to the Rs 21.67 crore in Q2-2013 and 16.4 per cent higher than the Rs 19.7 crore in Q1-2014.

     

    The company says that it has made a strategic investment of Rs 45.52 crore in Mail Today Newspapers (Mail Today) for entering into print media. Though Mail Today is in the initial stages of operations and is presently incurring losses, the company is confident of its future and profitability and consequently of carrying value of the investment.

  • TV Today Q4 net skids 22.8% to Rs 73.3 mn

    TV Today Q4 net skids 22.8% to Rs 73.3 mn

    MUMBAI: TV Today Network, which runs leading Hindi news channel Aaj Tak, has posted a net profit of Rs 73.33 million for the three-month period ended 31 March 2012.

    The net profit of the company slumped by 22.83 per cent, from Rs 95.03 million a year ago.

    TVTN’s income from operations stood at Rs 883.60 million, up 4.82 per cent from Rs 842.95 million in the year-ago period.

    Meanwhile, expenses grew 6.53 per cent to Rs 783.28 million, from Rs 735.25 million in the same period a year ago.

    The income generated by the TV Broadcast segment stood at Rs 857.5 million (compared to Rs 825.91 million in Q4 FY’11), while operating profit from the segment was at Rs 159.58 million, down from Rs 180.12 million.

    Meanwhile, the radio segment revenue jumped to Rs 27.08 million, from Rs 17.56 million. The operating loss from the segment also came down to Rs 44.56 million (from Rs 50.47 million year ago).

    Full fiscal performance

    For the full fiscal ended 31 March, TV Today has posted a net profit of Rs 105.24 million, down from Rs 124.24 million in the previous fiscal.

    Revenue during the fiscal went up marginally to Rs 3.08 billion, compared to Rs 2.93 billion, while expenses also grew to Rs 2.96 billion, from Rs 2.83 billion.

    The revenue and operating profit from the TV broadcasting segment in FY’12 stood at Rs 3 billion and Rs 342.19 million respectively.

    The radio division posted a revenue of Rs 80.85 million and an operating loss of Rs 185.86 million during the fiscal.

  • TV Today Q1 net shrinks to Rs 10 mn on radio losses

    TV Today Q1 net shrinks to Rs 10 mn on radio losses

    MUMBAI: TV Today Network has posted a weak fiscal first-quarter net profit as it had to absorb losses from its radio business while revenue fell from the year-ago period which had gained from political advertising due to general elections.

    TV Today, which operates a clutch of news channels including Aaj Tak and Headlines Today, reported a net profit of Rs 10.08 million for the three months to 30 June compared to Rs 166.44 million a year ago. 

    TV Today clarified the Q1 results are not comparable to the year-ago period as it did not have the radio broadcasting business then.

    TV Today’s total income from operations stood at Rs 650.08 million, down from Rs 710.41 million it reported in the corresponding quarter of the previous fiscal. Last year, income had jumped 10.76 per cent, as political parties had advertised majorly on the Hindi news channels.

    The company’s expenses also surged to Rs 648.19, compared to Rs 561.32 million a year ago.

    For the TV broadcasting segment, TV Today posted a revenue of Rs 641.39 million and an operating profit of Rs 49.05 million. However, its radio business, under the brand name of Meow FM, posted an operating loss of Rs 43.32 million over an income of Rs 8.69 million.

    Shares of TV Today closed Friday at Rs 93.40 on the BSE, down 1.11 per cent from its previous close.