MAM

Q2-2016: 18% YoY ad revenue jump ramps Hindustan Media Ventures revenue 16%

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/mam-images/2015/10/26/hindustan%20venture.jpg?itok=qc0XgXod

BENGALURU: An 18.2 per cent YoY increase in advertising revenue ramped up Hindustan Media Ventures Limited (HMVL) total revenue by 16.2 per cent during the quarter ended 30 September, 2015 (Q2-2016, current quarter).

The publisher that publishes Hindi newspaper ‘Hindustan’, Hindi socio cultural magazine ‘Kadambini’ and children’s Hindi magazine ‘Nandan’ among others, reported ad revenue of Rs 168.1 crore in Q2-2016 as compared to the Rs 142.2 crore in Q2-2015 and Rs 162.1 crore (1.1 per cent QoQ growth) in Q1-2016. HMVL total revenue in the current quarter increased to Rs 245.9 crore as compared to Rs 211.6 crore in Q2-2015 and Rs 235.4 crore (4.5 per cent QoQ growth) in the immediate trailing quarter.

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

Circulation revenue in Q2-2016 increased 7.6 per cent to Rs 53.4 crore as compared to the year ago quarter circulation revenue of Rs 49.6 crore and was flat (increased 0.1 per cent) as compared to the Rs 53.4 crore in Q1-2016.

The company’s profit after tax (PAT) in the current quarter increased 43.1 per cent to Rs 45 crore (18.3 per cent margin) as compared to the Rs 31.5 crore (14.9 per cent margin) in Q2-2015 and increased eight per cent to Rs 41.7 crore (17.7 per cent margin) in the immediate trailing quarter.

Total Expenditure in the current quarter increased eight per cent to Rs 180.19 crore as compared to the Rs 166.88 crore in Q2-2015 and was 3.1 per cent more than the Rs 174.72 crore in Q1-2016.

Cost of raw materials consumed increased 1.2 per cent to Rs 85.75 crore in Q2-2016 as compared to the Rs 84.76 crore in Q2-2015 and increased 1.1 per cent as compared to the Rs 84.80 crore in Q1-2016.

Employee Benefit Expense (EBE) increased 15.9 per cent to Rs 29.88 crore in Q2-2016 as compared to Rs 25.77 crore in the corresponding year ago quarter and increased four per cent as compared to the Rs 28.72 crore in Q1-2016.

Company speak

HMVL chairperson Shobana Bhartia said, “We are glad to report another quarter of strong growth in revenue and profits despite significant macroeconomic stress. The quarter witnessed healthy growth in advertising revenue across verticals. We also saw an increasing share of local business across all our markets. And lower raw material prices and a benign rupee continue to boost profitability. We have the momentum and expect to continue on the growth path as we move forward.”

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/ipsos.jpg?itok=AxDkIzZx
Food Habits of Indians: Ipsos Study 74% Indians are content with their current body weight; 63% Indians are willing to eat a plant based substitute for meat The study busts myths about Indians

According to a new study by Ipsos that explores world’s food habits, insights about Indians are particularly interesting as they bust myths about food habits of Indians

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/kanta.jpg?itok=QLnHVlZY
91% Indians to spend more on e-com sites in 2019

Factors like growing traffic congestion across the cities are prompting more and more people to shop online reveals the business and brands predictions report 2019.

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/blender.jpg?itok=B1_TuSiS
Celebrating the self, Blenders Pride Fashion Tour 2018-19 arrives in Mumbai

The 14th edition of the Blenders Pride Fashion Tour celebrated the self and the individual through its extraordinary new concept-‘Pride’, in Mumbai.

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/MS_Dhoni-Orient_Electric.jpg?itok=3itdCHDp
MS Dhoni turns world upside-down in Orient Electric's new ad for Aeroslim fan

Orient Electric, part of the USD 1.8 billion CK Birla group, launched an integrated advertising campaign to promote Aeroslim, “India’s first smart ceiling fan”. Aeroslim fan is IoT-enabled and can be controlled via Orient Smart mobile app or by using voice commands via Alexa or Google Assistant. It...

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/17/Bradley_Cooper-Sonam_Kapoor.jpg?itok=tf-uqFSP
IWC celebrates new Pilot's watches launch in Geneva

IWC Schaffhausen celebrated the launch of its new Pilot’s Watches with an exclusive gala evening at the Salon International de la Haute Horlogerie (SIHH) in Geneva. Around 800 guests had the chance to admire a true icon of British aviation – the Spitfire – and ring in the year of Pilot’s Watches...

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/16/iamge.jpg?itok=mD17Fb_t
Rohitash Srivastava named Planning Head, Ogilvy North

Ogilvy Gurugram has appointed Rohitash Srivastava as the head of its planning unit.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/16/dentsu.jpg?itok=RLg33FCT
Dentsu Impact launches new campaign for Mobiistar

Dentsu Impact, the creative agency from Dentsu Aegis Network, has rolled out the launch campaign for Mobiistar X1 Notch.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/16/funfoods.jpg?itok=EZVHXF0B
FunFoods by Dr. Oetker attempts to make ‘Ghar Ka Khana’ more appealing

FunFoods by Dr. Oetker has launched a digital campaign titled #NothingLikeHomemade based on an everyday insight that children prefer ‘Bahar Ka Khana’ over ‘Ghar Ka Khana’.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/16/Untitled-1_0.jpg?itok=fP9BS_Gs
Facebook to bring stricter ad rules ahead of India's general election

Reuters has reported that Facebook Inc will be extending some of its political advertising rules and tools, for curbing election interference, to several countries including India ahead of the general elections. India will be electing the parliament this summer.

MAM Media and Advertising Ad Campaigns

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories