MAM

Inventory increase jacks Sahara One profit for Q2-2014 despite 31.1 per cent revenue drop

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/mam-images/2015/09/16/Sahara%20One.jpg?itok=y2hu2rnh

BENGALURU: Sahara One Media and Entertainment Limited (Sahara One) reported increase in inventory of Rs 3.64 crore for Q2-2014 (90.8 per cent of the total PAT) as compared to reduction in inventory of Rs 1.39 crore for Q2-2013 and a reduction in inventory of Rs 1.73 crore for Q1-2014.

Sahara One reported a PAT of Rs 4.1 crore, 8.1 per cent higher than the PAT of Rs 3.79 crore for the corresponding period of last year and more than triple (3.38 times more) the Rs 1.21 crore for the immediate trailing quarter.

Despite a 31.1 per cent drop in Income from operations for the current quarter to Rs 22.61 crore as compared to the Rs 32.80 crore for y-o-y and a reduction of 17.5 as compared to the Rs 27.42 crore q-o-q, the company reported an increase in PAT. The company reported a PBT of Rs 6.15 crore which was 8.8 per cent higher than the Rs 5.65 crore for Q2-2013 and more than triple (3.47 times) the Rs 1.77 crore for the immediate preceding quarter.

Let us look at the other results for Q2-2014 recorded by Sahara One

Other income for Q2-2014 at Rs 2.54 crore was less than half (43.8 per cent) of the Rs 5.79 crore for Q2-2013 and 12.5 per cent lower than the Rs 2.9 crore for Q1-2014.

Total Expenditure reported for Q2-2014 at Rs 18.99 crore was 57.7 per cent of the expenditure of Rs 32.94 crore for Q2-2013 and 33.6 per cent lower than the Rs 28.54 crore for Q1-2014. However, if one were to neglect the effect of the above mentioned increase in inventory of Rs 3.64 crore for Q2-2014 total expense was Rs 22.63 crore.

For Q2-2014, the company reported lower expenditure towards purchase of content at Rs 17.51 crore, as compared to the Rs 27.41 crore (36.1 per cent lower y-o-y ) and 19.4 per cent lower than the Rs 21.73 crore for Q1-2014.

The company has reported revenues from three sources - Television and Movies segments and unallocated revenue.

Television segment reported a 30 per cent drop in revenue to Rs 23.46 crore for Q2-2014 as compared to the Rs 33.53 crore for Q2-2013 and 17 per cent lower than the Rs 28.26 crore for Q1-2014. This segment reported operating profit at Rs 7.29 crore that was more than double (2.52 times) the Rs 2.90 crore for Q2-2013 and almost triple (2.93 times) as compared to the Rs  2.49 crore for Q1-2014.

Income from the movies segment was nil for the current and the corresponding quarter of the last quarter, and just Rs 0.0134 crore for Q1-2014. This segment reported a loss of Rs (-0.1969) crore for Q2-2014 as compared to a loss of Rs (-31.07) crore for Q1-2013 and Rs (-0.1573) crore for Q1-2014.

Sahara One reported unallocated income of Rs 1.68 crore for Q2-2014, a little less than one third (33.13 per cent) of the Rs 5.07 crore for Q2-2013 and 17.7 per cent lower than the Rs 2.04 crore for Q1-2014. For Q2-2014, this revenue source reported a 68.6 per cent higher loss at Rs (-0.94) crore as compared to the loss of Rs (-0.55) crore for the corresponding quarter of last year. Unallocated source of income reported a positive Rs 3.08 crore for Q1-2014.

Capital employed (Segment assets minus segment liabilities) by the television segment rose 80.6 per cent to Rs 78.09 crore for Q2-2014 as compared to the Rs 43.25 crore for Q2-2013 and 34.8 per cent higher than the Rs 57.95 crore for Q1-2014.

Capital employed by the movies segment at Rs 86.27 crore for Q2-2014 was 3.1 per cent more than the Rs 83.71 crore for Q2-2013 and almost flat as compared to the Rs 82.17 crore for Q1-2014.

Unallocated capital employed for Q2-2014 at Rs 133.62 crore was 19.5 per cent lower than the Rs 165.99 crore for Q2-2013 and 10.8 per cent lower than the Rs 149.77 crore for Q1-2014.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/lebels.jpg?itok=VW9P_FKa
Publicis.Sapient launches campaign with The Humsafar Trust

Publicis.Sapient, the digital business transformation hub of Publicis Groupe, has launched a short film, #PeopleNotLabels, in partnership with The Humsafar Trust, India’s oldest LGBTQ organisation.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/amir.jpg?itok=EQqQGKB-
Datsun appoints Aamir Khan as face of brand

Datsun has announced actor Aamir Khan as its brand ambassador in India.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/housing.jpg?itok=FwquePmy
Housing.com launches new TVC campaign for ‘Home Utsav’

Real estate platform Housing.com has announced the launch of the new TVC campaign for ‘Home Utsav’, an annual online home shopping festival.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/rr.jpg?itok=-VI9JKWo
IdeateLabs retains the digital mandate for RR Kabel with global expansion

In a recent announcement, IdeateLabs, a Mumbai-based digital agency has retained its creative and digital duties for RR Kabel, a leading wire and cable manufacturer.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/bloom.jpg?itok=GJ1necQ8
Bloomberg|Quint WhatsApp Service - India’s only business news service which offers customized news & stock updates on the go Over 3.5 lakh subscribers in less than 8 months

WhatsApp has become synonymous with communication on the Internet and with brands deploying innovative means to engage with customers using the app, it has gone beyond being just an informal messaging app.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/kumar.jpg?itok=tTOLY329
Matrimony.com appoints Jaikumar KP as SVP for MatrimonyPhotography

Online matchmaking and marriage service matrimony.com has appointed Jaikumar KP as senior vice president to spearhead sales and operations of MatrimonyPhotography, the leading Wedding Photography and Videography Service that has completed nearly 15,000 weddings.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/nawaz.jpg?itok=wSAcp2uM
Publicis India terminates Ishrath Nawaz

Publicis India has decided to terminate Ishrath Nawaz following allegations of sexual harassment against him.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/22/IKEA.jpg?itok=24LwM0Nf
IKEA gives 'voice' to products in latest campaign

The IKEA store launch in Hitec City, Hyderabad, has been one of the most talked about launches in recent times. A much-anticipated event, the store launch was preceded by the brand’s first ever communication for the Indian market, created by Dentsu Impact – the creative agency from the Dentsu Aegis...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/ajay.jpg?itok=ps3iFQgu
Ajay Gahlaut resigns from Ogilvy India

Ajay Gahlaut, the deputy CCO of Ogilvy India and CCO of Ogilvy North has resigned from the company. 

MAM Media and Advertising People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories