Television

Zee Tele Q2 revenues up 38% at Rs 4.6 billion; Net Rs 333 million

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/30/Untitled-1_26.jpg?itok=MhSv9IS6

MUMBAI: Subhash Chandra's Zee Telefilms Limited today reported second quarter consolidated revenues of Rs 4.64 billion representing a 38.1 per cent growth over the corresponding period in the previous fiscal where it stood at Rs 3.36 billion.

Consolidated operating profit stood at Rs 338 million, after expensing of initial investments in new activities viz. Zee Telugu, Zee Smile, Zee Sports and others, amounting to Rs 832 million (17.9 per cent of consolidated revenues).

As a result, consolidated operating profits of continuing businesses were Rs 1,171 million, higher by 28.4 per cent over to the corresponding quarter last year.
Profit before tax for the second quarter of fiscal 2007 was Rs 409 million while net profit was Rs 333 million, down 21.6 per cent from the Rs 425 million recorded last year.
The results announced are after consolidating the financials of ETC Networks Limited (ETC) for the second quarter of FY2007.

2Q FY2007 - Highlights
Advertisement revenue Rs 2,107 million - up 42.6%
Subscription revenue Rs 1,930 million - up 10.6%
Zee TV now leader in 9-10 pm & in 6-8:30 pm time band
Siticable acquires 250,000 last mile cable connections
DishTV enhances content offering, Star bouquet available from August
DishTV subscriber base now 1.5 million

Said Chandra, "Zee's second quarter results prove the continued strength of our content business and a growing presence across new genres. Not only are we growing our content business, we have been very successful in integrating it with new platforms like DTH, with significant growth potential. The performance reflects our success in delivering superior content to viewers and stronger relationship with our consumers."

Chandra added, "We are also happy about some recent developments relating to our business. There is continued monitoring of High Court for implementation of CAS in the notified areas of Mumbai, Delhi and Kolkata by December 31, 2006. This will additionally help in bringing about addressability on cable. On DTH, DishTV further enhanced its offering from August when the Star bouquet was also made available to subscribers and now DishTV has the most comprehensive content on any pay television service, whether cable or satellite. All these have extremely positive and long term impact on our business."

Commenting on the restructuring exercise, Chandra continued, "The restructuring exercise is underway and is expected to be completed by January 2007. There has been some delay from our earlier expectation of November 2006, due purely to a number of adjournments of court hearings. When completed, the restructuring would result in four listed companies ready to exploit the vast emerging opportunities in each line of business. The next several years would provide tremendous growth opportunities for all these four businesses."

Punit Goenka, whole time director and responsible for content creation, commented, "Zee TV continued to increase its viewership share from 25% in 1Q FY2007 to 28% during 2Q FY2007, along with a significant growth in time spent. During the quarter, average gross ratings points (GRPs) of Zee TV remained at 240 levels, while recording peak GRPs of 270 in week 36. The growth momentum has been led by widespread success of Sa Re Ga Ma Pa Little Champs, Saat Phere and Kasamh Se, while our new launches Dulhan and Betiyan have been very well received. Betiyan touched a TVR of 5 in its first week. Zee TV now has five programmes in the Top 20 and 12 programmes in the Top 50. It has leadership in the 9 pm to 10 pm time band, and between 6 pm to 8:30 pm on weekdays."

"Zee Cinema continues to be the No. 1 movie channel, and increasingly is becoming a reach channel for the advertisers. Zee Marathi has improved its viewership by 16 per cent during 2Q FY2007. Zee Bangla has improved its viewership by 60 per cent and has gained leadership position in the 8:30 pm to 9:30 pm time band. Zee Sports continues to build on the back of Cricket Tri-Series in Malaysia between India, Australia and West Indies. We will continue to reinforce our competitive advantage and deliver more value to viewers and shareholders." Goenka added.

Elaborating on the performance, CEO Pradeep Guha said, "We are pleased with the strong operating results, content business delivered in the second quarter. We once again outperformed the market with unmatched connection with our audience and remain focused on building on our progress. Looking ahead, we are confident that continued execution of our content strategy would result in a revenue growth faster than that of industry."

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/news18.jpg?itok=6c_jXK46
News18 Network launches multimedia campaign to strengthen its position

MUMBAI: News18 Network, has announced the launch of its mega campaign 18=1. The Network, which once comprised of channels such as CNN-IBN, ETV, IBN7 and IBN-Lokmat, recently consolidated all its general news channels under the News18 Brand. This has allowed the Network to develop one, seamless...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/18/brid.jpg?itok=KzqLd-H5
Guest column: TV Analytics on Colors Tamil

Viacom’s entry into a new regional market with channel Colors Tamil has made big news since its launch in February this year. With its sampling phase for content still running, the channel’s performance has a dynamic impact on the regional television landscape. We studied the key viewership...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/mukta.jpg?itok=ZHT0DMSs
Mukta A2 Cinemas launches the newly acquired SunCity Multiplex

Mukta A2 Cinemas, a well known chain of cinemas from the brand Mukta Arts Ltd, announces the launch of its new property SunCity Mukta A2 Cinemas, located at Vile Parle, Mumbai. The launch took place on 15th June 2018 and was celebrated with the release of this month’s most awaited action-drama,...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/poli.jpg?itok=gJTbftHf
Polimer TV, Gemini Movies make presence felt in BARC's week 23 data

MUMBAI:  Polimer TV, Tamil language satellite television channel and Gemini Movies, a Telugu movie channel of Sun Network, were the two new entrants in the Tamil and Telugu markets after BARC released its ratings for week 23. Star Jalsha and Zee Marathi topped their respective markets, while the...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/sunzee.jpg?itok=JVYTocjX
Sun TV, Zee Anmol almost neck-to-neck in across genres

BENGALURU: Zee Entertainment Enterprises Limited (Zeel) free to air (FTA) Hindi general entertainment channel (Hindi GEC) Zee Anmol entered the bastions held by either the Sun TV Network’s flagship Tamil GEC Sun TV or the channel that aired the Indian Premier League (IPL) in week 21 of 2018. Zee...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/13/eklection.jpg?itok=Nv1LuT-G
With four elections due, networks with regional news channels set to benefit

With four key assembly elections lined up towards the end of the year, India's regional news channels could be laughing their way to the bank. In a bid to maximize their revenues, channels are in the process of sprucing up their programming and hiking ad rates. iTV Network, Network18, Zee News...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/15/markand.jpg?itok=Qn1oGiTi
Markand Adhikari re-appointed by TV Vision as MD for three years

TV Vision has re-appointed Markand Adhikari as managing director of the company for next three years. The appointment is subject to approval from the members at the ensuing General Meeting of the company.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/14/republic.jpg?itok=9_WC765_
BARC Data: Republic TV continues to lead English news

Arnab Goswami’s Republic TV continued to dominate the English news market in the latest All India Broadcast Audience Research Council’s (BARC) week 23 rantings. While Aaj Tak led the charts in two Hindi news markets, News 18 India replaced ABP News in top five in the rural segment.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/14/kumkum.jpg?itok=c7Xrk8nw
Colors emerges leader in GEC urban in BARC's week 23 data

Viacom18's free to air (FTA) channel Rishtey witnessed a drop of five places, from second to seventh, as compared to last week in Broadcast Audience Research Council (BARC) data for week 23 of 2018 in the Hindi GEC (U+R) market. While Sony Pal and Rishtey exchanged their second and third positions...

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories