Television

Balaji Telefilms' financials: an improving picture in Q4 2013

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2015/09/12/Balaji.jpg?itok=ktXsH3QX

MUMBAI: Television production powerhouse Balaji Telefilms, which has recently made successful forays into the movie business, has posted an impressive 235 per cent jump in net profit to Rs 5.17 crore in the latest quarter ended 31 March 2013 as against Rs 1.5 crore in Q4-2012. It has done well even when one compares its performance against the previous preceding quarter ended 31 December 2012 when it recorded a net profit of Rs 4.94 crore. However, what looks disappointing is the 28 per cent dip in its net profit in FY 2013 to Rs 14.58 crore as against Rs 20.44 crore in FY 2012.

The company recently ran into accounting troubles with the I-T Department, resulting in a dip of around 20 percent in its share price and it hit an all-time low of Rs 35.25 on 27 May.

However, it has been moving northward since this morning's announcement of its financials and it closed at Rs 37.80.

Let us look at the Q4-2013 financials as against Q4- 2012

Q4-2013 financials report a healthy growth in its net profits at Rs 5.17 crore as against Rs 1.54 crore in the corresponding last year's Q4-2012. The massive surge is attributed to reduction in expenses especially if one looks at the staff costs which have halved in Q4-2013 at Rs 1.57 crore as against Rs 3.44 crore (Q4-2012).

Expenses fell 13.5 per cent in Q4-2013 at Rs 34.72 crore as compared to Rs 40.16 crore in Q4-2012. The investments of the company have paid off well in the quarter with a reported Rs 7.05 crore pouring in as other income. (Through its other non-core operations considering its non current investments for the year FY-2013 have nearly doubled at Rs 31.72 crore (Rs 17.60 crore in FY-2012)).

While net sales revenue has increased to Rs 31.77 crore in Q4-2013 as against Rs 27.88 crore in Q4-2012, the total revenue for the quarter has shrunk by 8 per cent to Rs 34.09 crore in Q4-2013 as against Rs 36.92 crore. Its major revenue source continues to be from commissioned programs amounting to Rs 32.7 crore, a rise from last corresponding quarter's Rs 25.88 crore.

Let us look at the Q4-2013 financials as against Q3-2013

When it reported Q4-2013 revenues of Rs 34.09 crore as against Rs 33.32 crore in Q3-2013, it was the first time in three quarters that it registered a positive uptick in revenues. Its Q4-2013 net profit at Rs 5.17 crore is an improvement over Q3-2013's Rs 4.94 crore.

Let us now look at the consolidated year ending results of FY-2013

Even after a euphoric performance maintained during Q4 and Q3 quarters, the financials for FY-2013 fail to show an impressive growth YoY. The consolidated revenues for FY-2013 at Rs 204.36 crore report a decrease as compared to Rs 221.66 crore in FY-2012, which also included Rs 6.62 crore from its discontinuing operations.

Better and efficient production in FY-2013 saw its expenses fall to Rs 186.05 crore as against Rs 202.13 crore in FY-2012.

PAT for the year ending 31 March 2013 stood at Rs 14.58 crore, as against Rs 20.44 crore in FY-2012, a disappointing 28.6 per cent drop YoY.

In spite of the drop in profits, the Board has recommended a dividend of Rs 0.40 per equity share, considering a healthy growth momentum sustained in its last couple of quarters.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/aaj-tak.jpg?itok=Wi61qSr1
3rd Sahitya Aaj Tak India’s largest Hindi Literature Festival promises a grander & a bigger show

Aaj Tak, India’s No. 1 Hindi news channel with over 25 crore viewers (Source: BARC, TG:2+,Mkt:HSM, Period: W29'18-W32'18,) kicks-off the third edition of its annual mega Hindi literature festival - Sahitya AajTak .

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/children.jpg?itok=0w-PSLPz
Excitement Tenfold as Nickelodeon India Brings a Week of fun to celebrate children’s day

The memories that we make as children always set path for the adult in us.  Nickelodeon, India’s leading kids’ entertainment franchise by Viacom18

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/animal-planet.jpg?itok=GK2QBFXl
The Irwin Family -Terri, Bindi and Robert - come home to Animal Planet in ‘CRIKEY! IT’S THE IRWINS’ which premiers in India on November 15 at 9 PM IST

Lace up your boots because you’re about to embark on the journey of a lifetime with the family that’s bringing khaki back.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/aib.jpg?itok=V7Hl7Z48
OBESITY AMONG DIABETICS ON THE RISE IN URBAN INDIA, new study finds

MUMBAI: A new study on type 2 diabetes (T2D) patients in India finds that obesity among diabetics is on the rise. The same study also revealed that majority of patients prefer to have fewer large meals as opposed to more frequent small meals which are more diabetes friendly The results are part of...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/powerpuff.jpg?itok=apUe6L69
Cartoon Network celebrates 20 years of heroic supremacy of The Powerpuff Girls in November

Cartoon Network, home to the three fabulous superhero sisters, Blossom, Bubbles and Buttercup rings in 20 glorious years of ‘The Powerpuff Girls’ this November. Cartoon Network India along

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/eros.jpg?itok=DHq91esu
Eros International acquires highly anticipated Telugu film Amar Akbar Anthony

Eros International Media Ltd, a leading global company in the Indian film entertainment industry, in association with Mythri Movie Makers will be releasing Telugu action entertainer Amar Akbar Anthony.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/Republic-TV.jpg?itok=OJBUea4v
Republic TV continues to dominate English news genre: BARC week 44

In the Hindi news (U+R) genre, Zee News climbed two slots to the third position in week 44 of BARC ratings. Aaj Tak yet again stood on top in all the three genres. Republic TV continues its dominating streak in the English news genre.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/13/zee.jpg?itok=Rw8Tfbjd
Essel Group engages Goldman Sachs to sell half its stake in Zee Entertainment

Mumbai: 13th November 2018, Subhash Chandra and family along with its advisors met in Mumbai over the Diwali weekend to undertake a strategic review of its businesses in view of the changing global media landscape. The strategic review underscored the importance of technological advancements such...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/royal.jpg?itok=vr3HaK3M
Get ready to go on a Royal Journey with FYI TV18’s ‘Royal India with Samira’

Ever wondered what Maharaja’s at their Royal palaces eat for their dinner? From understanding what all goes into the making of a royal meal to stealing some royal recipes, Samira is all set to take you for a Rich Food adventure.

Television TV Channels Factual @ Discovery

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories