Despite lower y-o-y revenue, Radaan reports higher PAT for Q2-2014

BENGALURU: The R. Radhikaa Sharathkumar led south Indian television production house Radaan Mediaworks reported standalone revenue of Rs 7.39 crore and a PAT of Rs 0.20 crore for Q2-2014 as compared to revenue of Rs 8.92 crore and a PAT of Rs 0.188 crore for the corresponding quarter of last year. For Q1-2014, the company had reported revenue of Rs 7.63 crore and a PAT of Rs 0.183 crore.

For FY-2013 (year ended March 31, 2013), Radaan had reported revenue of Rs 33.01 crore and a PAT of Rs 1.051 crore.

Radaan’s EBIDTA however at Rs 0.661 crore was 14.2 per cent lower than the Rs 0.77 crore y-o-y, but 11.1 per cent higher than the Rs 0.595 crore for Q1-2014.

Radaan’s expenditure for Q2-2014 at Rs 6.73 crore was 17 per cent lower than the Rs 8.14 crore for Q2-2013 and four per cent lower than the Rs 7.04 crore for the immediate trailing quarter Q1-2014.

The company paid two per cent more towards interest at Rs.0.309 crore as compared to the Rs 0.303 crore for Q2-2013 and 15.7 per cent more than the Rs 0.267 crore for Q1-2014.

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