Tag: YTD

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

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

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Q3-2016: Radio City revenue up 15%

    Q3-2016: Radio City revenue up 15%

    BENGALURU: Music Broadcast Limited (MBL), which runs Radio City, reported 14.9 YoY (year-on-year) growth in operating revenue (OpRev) for the quarter ended 31 December, 2015 (Q3-2016, current quarter) at Rs 64.80 crore as compared to Rs 56.39 crore for the corresponding prior year quarter. Revenue in Q3-2016 was 16.7 per cent higher QoQ (quarter-on-quarter) as compared to Rs 55.54 crore in the immediate trailing quarter.

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

    (2) Margins have been calculated on operating revenue in this report.

    For the nine month period ended 31 December, 2015, (9M-2016, year to date or YTD), MBL reported 11.3 per cent higher OpRev at Rs 167.72 crore as compared to Rs 150.65 crore in the corresponding prior year nine month period. Though PAT in the current quarter and nine month period has reduced as compared to corresponding prior year periods, operating profit (Operating revenue minus expenses) has increased.

    The company’s profit after tax (PAT) in Q3-2016 declined 5.4 per cent YoY to Rs 16.17 crore (25 per cent margin) as compared to Rs 17.10 crore (30.3 per cent margin), but increased by more than a third (increased by 34.2 per cent) from Rs 12.05 crore (21.7 per cent margin). PAT for 9M-2016 declined 30.7 per cent to Rs 25.99 crore (15.5 per cent margin) from Rs 37.53 crore (24.9 per cent margin) in the corresponding period of the previous year.

    As mentioned above, Operating profit increased 22.1 per cent in the current quarter YoY to Rs 25.40 crore (39.2 per cent margin) as compared to Rs 20.80 crore (36.9 per cent margin) and increased 59.7 per cent QoQ from Rs 16.09 (29 per cent margin). Operating profit in 9M-2016 increased 17.6 per cent to Rs 56.01 crore (33.4 per cent margin) from Rs 47.63 crore (31.6 per cent margin) in 9M-2015.

    Expenses in Q3-2016 were 10.7 per cent higher YoY at Rs 39.40 crore (60.8 per cent of OpRev) as compared to Rs 35.59 (63.1 per cent of OpRev) and almost flat (reduced by 0.1 per cent) QoQ as compared to Rs 39.45 crore (71 per cent of OpRev). Expenses in 9M-2016 increased 8.4 per cent to Rs 111.71 crore (66.6 per cent of OpRev) from Rs 103.02 crore (68.4 per cent of OpRev).

    Jagran Prakashan numbers in brief

    MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 22.5 per cent increase in YoY consolidated operating revenue in Q3-2016 to Rs 576.36 crore as compared to Rs 470.46 crore. JPL’s advertising revenue increased 28.5 per cent YoY to Rs 434.82 crore from Rs 338.35 crore. Circulation revenues increased two per cent to Rs 102.02 crore from Rs 100 crore. JPL’s PAT in Q3-2016 increased 40.1 per cent YoY from Rs 66.62 crore.

    For 9M-2016, JBL reported 17.1 per cent increase in operating revenue to Rs 1577.02 crore from Rs 1347.02 crore in the corresponding prior year nine month period, advertising revenue increased 22.6 per cent to Rs 1169.36 crore from Rs 954.17 crore, circulation revenue increased 3.5 per cent to Rs 302.36 crore from Rs 292.15 crore. PAT in 9M-2016 after extraordinary item (Rs 116.30 crore) more than doubled (up 104.3 per cent) to Rs 364.52 crore from Rs 178.43 crore in 9M-2015.

  • Q2-2014: ZMCL holds ground despite economic downturn

    Q2-2014: ZMCL holds ground despite economic downturn

    BENGALURU: Zee Media Corporation Limited (ZMCL) unaudited results for Q2-2014 reveal that though advertising revenue for Q2-2014 at Rs 59.92 crore showed a growth of 20.5 per cent as compared to the Rs 43.92 crore for Q2-2013, it kept pace with the Rs 59.9 crore for the immediate preceding quarter (Q1-2014). ZMCL’s advertising revenue in Q4-2013 was Rs 52.19 crore.

     

    “The economy may have sputtered a bit but it is expected to be on track soon. What is important is that we continue to base our strategy on a sound understanding of our consumers and provide them with relevant and unique content experiences in the news domain,” said ZMCL non executive chairman of the board Subash Chandra.

     

     Let us take a look at ZMCL’s other Q2-2014 figures

     

    Operating revenue for Q2-2014 grew by 18.5 per cent to Rs 83.02 crore from Rs 70.03 crore in Q2-2013 and by 6.9 per cent from the Rs 77.68 crore reported in Q1-2014 (immediate preceding quarter).  

     

    ZMCL’s subscription revenue for Q2-2014 at Rs 24.9 crore grew by 11.9 per cent y-o-y from the Rs 22.26 crore in Q2-2013, and by 18.6 per cent from the Rs 18.6 crore in Q1-2014. Revenue from Other Sales and Services for Q2-2014 at Rs 5.2 crore grew more than a third (35.1 per cent) as compared to the Rs 3.85 crore in Q2-2013 and by 37.6 per cent as compared to the Rs 3.78 crore in Q1-2014.  

     

    Total expense at Rs 75.54 crore for Q2-2014 was 21.5 per cent more than the Rs 62.17 crore for Q2-2013 and 10.5 per cent more than the Rs 68.37 crore in Q1-2014.https://mail.google.com/mail/u/0/images/cleardot.gif

     

     ZMCL’s recorded a fall in PBT of (-7.8 per cent) to Rs 6.47 crore in Q2-2014 from Rs 7.02 crore in Q2-2013. However PBT of Rs 14.99 crore for the half year ended 30 September 2013 was higher by 35.8 per cent as compared to the PBT of Rs 11.04 crore for the corresponding period of the previous year. Q2-2014 EBITDA also fell by (-4.8 per cent) to Rs 74.8 crore from Rs 78.6 crore reported in Q2-2013. However, ZMCL says that its existing news channels grew their EBITDA by 25.2 per cent on YTD basis at Rs 30.83 crore improving their EBITDA margins from 18.6 per cent to 21 per cent.

     

    Added Chandra, “Our company has embarked to consolidate our news media presence by bringing together our television, print and internet content under a single umbrella. This will enable us to reach out to our consumers in seamless and anytime, anywhere mode. Our commitment to grow larger in size, impact and shareholder value remains as is and we continue to take steps towards the same.”

     

    ZMCL group CEO news cluster Bhaskar Das said, “We launched Zee Rajasthan Plus in Rajasthan in early July and will soon launch in other regional markets. Furthermore with sustained push for cable digitisation, we expect more and more of our viewers to get associated with us. New media, which has been another focus area for us, has continued to show strong growth numbers.”

     

    ZMCL whole time director Alok Agarwal said, “Our network wide initiative Bharat Bhagya Vidhata has received tremendous feedback and social media engagement from the viewers, thinkers and the political fraternity alike by reaching a sum total of over 100 million television viewers cumulatively  and having over 11.5 million reach for #BBV  for the campaign. In addition we continue to leverage our network synergies to create further operational efficiencies in gathering and packaging our content and at the same time grow our revenues by providing creative sales solutions to our clients.”

  • Radio Mirchi Q3FY07 turnover rises 31%, net profit up 14%

    Radio Mirchi Q3FY07 turnover rises 31%, net profit up 14%

    MUMBAI: The Times Group’s private FM Radio operator Entertainment Network India Ltd (ENIL) – which operates stations under the brand name Radio Mirchi – has announced its results for the quarter ended 31 December 2006.

    During the quarter (Q3FY07), total income grew by 30.6 per cent to Rs 484.1 million compared to Rs 370.7 million for the corresponding quarter in the previous year.
    The Company’s earnings before interest, depreciation, tax and amortization (Ebitda) grew 20.8 per cent to Rs 176.5 million and net profit stood at Rs 124 million, up 13.9 per centg YoY. On a like basis (7 Phase I stations only), Ebitda for Q3FY07 stood at Rs 151.1 million, up 3.4 per cent YoY.

    Total income during YTD December 2006 grew 46 per cent to Rs 1,263 million while Ebitda increased by 15.4% to Rs. 33.50 crores. On a like basis (7 Phase I stations only), Ebitda during YTD December 2006 stood at Rs 347.1 million, up 19.6 per cent YoY.

    The new stations namely Bangalore, Hyderabad and Jaipur recorded Ebitda margin of 28.2 per cent for the quarter. According to data based on Indian Listenership Track 2006 (ILT – Wave 2 conducted by MRUC) for the period September- November 2006, Radio Mirchi retained the number one position in Mumbai and Delhi while establishing itself as the dominant number one station in Kolkata too. Radio Mirchi has increased its lead over #2 player in Mumbai from 30 per cent to 40 per cent while maintaining its 2:1 lead in Delhi, a company release asserts.

    During the quarter, Radio Mirchi premiered the music of blockbusters which include Vivaah, Dhoom2, Babul and Guru on its network.

    Commenting on the performance of the company, Enil managing director and CEO AP Parigi said, “In the emerging competitive landscape, Radio Mirchi has again demonstrated not only its brand leadership in the new markets of Bangalore, Hyderabad and Jaipur but has also demonstrated robust growth in financial terms. In the new markets, within the short span of nine months, the company has achieved an Ebitda breakeven.”

    Based on the present rate of progress, the company is confident of completing rollout of the remaining 22 stations by 31 July, 2007.