Revenue slowdown crimps TV Today's profit growth

MUMBAI: A slowdown in revenue growth has crimped TV Today Network's net profit in FY'09. For a company conscious of shoring up profitability at the cost of expansion for turnover growth, a 23 per cent fall is surely a setback.

While the company's revenue grew at a steady clip over the last few years, it was unable to sustain the momentum in FY'09. Used to over 20 per cent growth over the last few years, TV Today posted a revenue growth of just 9 per cent in FY'09 amid a slump in the advertising spend among companies.

Total income stood at Rs 2.74 billion in FY'09, compared to Rs 2.51 billion a year ago. Expenses grew at the same rate as the last few years, from Rs 1.68 billion in FY'08 to Rs 2.05 billion in FY'09.

The chart below shows the company's performance over the last few years.





Total Income (Rs millions)





YOY growth%




Expenditure (Rs millions)





YOY growth%




Net Profit (Rs millions)





YOY growth%




An average performance by TV Today in the last two quarters of FY'09, as compared to the corresponding quarters of FY'08, has helped worsen matters.

The graph below shows the total income of the company across all quarters of FY'08 and FY'09. The dip in revenue towards the end of the year is evident from this.

The drop in profit is indicated in the graph below.

TV Today had incidentally lowered its expenses in the last quarter, perhaps in anticipation of tough times. The expenditure over the quarters is shown below.










TV Today has kept its expansion plans on hold, waiting for better market conditions. Till then, it will have to weather the rough weather.

Latest Reads
Sony Entertainment climbs to second position, Zee Anmol retains lead in two markets

While Zee Anmol retained lead in two markets, KBC-backed Sony Entertainment bagged the second position with high ratings in the urban market. Zee Anmol retained lead in Hindi (U+R) and rural markets, whereas Star Plus led the urban market in week 37 of Broadcast Audience Research Council (BARC)...

Television TV Channels Viewership
English News ratings' slide continues although Republic TV viewership improves slightly

The Arnab Goswami headed Indian English News channel Republic TV has been leading the genre in terms of viewership right from week 19 of 2017, the week the channel was launched.

Television TV Channels Viewership
Sports: Star India channels pocket four out of top five slots

One would easily spot Star India taking over four of the top five positions in BARC India's week 37 sports ratings data, doubling its tally as compared to week 36. Last week, Sony had conquered three slots out of the top five list.

Television TV Channels Viewership
Nine Doordarshan 'kendras' fail to utilise budget for Kisan channel

NEW DELHI: Nine Doordarshan 'kendras' (centres) including four in the northeast failed to utilise budgetary allocation for Kisan channel programmes in the first quarter of 2017-18. On the other hand, the Central Production Centre in Delhi exceeded using its allocated budget.

Television TV Channels Terrestrial
Dishum Broadcasting appoints Partha Dey as COO

Dishum Broadcasting has appointed Partha Dey as the chief operating officer (COO), reporting to the board of directors. His new portfolio would include overseeing and managing broadcasting operations including programming, OAP, consumer research and branded content.

Television TV Channels People
&Privé HD ropes in Fiama and Vaseline, premieres with 'Moonlight' on Sunday

ZEEL's new channel &Privé HD, which promises to treat cinema lovers, through collaborations with Hollywood studios -- Sony Pictures and Paramount, has roped in partners Fiama and Vaseline.

Television TV Channels English Entertainment
ZEEL CEO Punit Goenka motivates youth, honours his one-millionth Twitter follower and family

One of the leading traditional Indian broadcasters ZEEL acknowledges and recognises the importance of new media. It has kept its promise with India's social media enthusiasts and followers, and honoured them.

Television TV Channels GECs
Most TV execs can't sell streamlined multichannel ads, rely on homegrown tech: Study

Most TV companies are unprepared for advanced TV, a research has revealed.

Television TV Channels People
New NBA president Rajat Sharma to strive for healthy competition in fraternity

India TV founder and chairman Rajat Sharma has been elected as the president of News Broadcasters Association (NBA).

Television TV Channels People

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories