MAM

Q2-2016: HT Media revenue up 7.3%, PAT down; radio revenue up 20.5%

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/mam-images/2015/10/28/mam%20brands.JPG?itok=shEhMxNM

BENGALURU: HT Media Limited (HT Media) reported 7.3 per cent growth in total income from operations (TIO) for the quarter ended 30 September, 2015 (Q2-2015, current quarter) at Rs 601.55 crore as compared to the Rs 560.88 crore in Q2-2015. The current quarter’s TIO was 2.4 per cent more than the Rs 587.18 crore in Q1-2016.

HT Media’s radio segment (Fever 104 FM) reported a 20.5 per cent increase in operating revenue to Rs 29.34 crore (4.9 per cent of TIO) as compared to the Rs 24.34 crore (4.3 per cent of TIO) in Q2-2015 and 19.7 per cent more than the Rs 24.52 crore (4.2 per cent of TIO) in Q1-2016.

Note: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore

(2) The figures mentioned in this report are consolidated figures unless stated otherwise.

The company’s profit after tax (PAT) in Q2-2016 fell 17 per cent to Rs 36.42 crore (6.1 per cent margin) from Rs 43.89 crore (7.8 per cent margin) in the corresponding year ago quarter but was 46 per cent more than the Rs 24.95 crore (4.2 per cent of TIO) in Q1-2016.

Advertising and Circulation revenue

HT Media’s advertising revenue grew by 6.7 per cent in Q2-2016 to Rs 475.2 crore (78.8 per cent of TIO) from Rs 444.4 crore (79.2 per cent of IO) in Q2-2015 and grew 1.4 per cent from Rs 467.5 crore (79.6 per cent of TIO) in Q1-2016.

Circulation revenue in the current quarter at Rs 75.4 crore (12.5 per cent of TIO) grew 5.2 per cent as compared to Rs 71.7 crore (16.1 per cent of TIO) in Q2-2015 and increased 3.3 per cent from Rs 72.9 crore (12.4 per cent of TIO) in the immediate trailing quarter.

Segment-wise performance

Three segments contribute to HT Media’s numbers - (1) Printing and publishing of newspapers and periodicals (Publishing) (2) Radio and (3) Digital.

HT Media’s publishing segment reported 5.4 per cent growth in revenue to Rs 538.08 crore (89.4 per cent of TIO) from Rs 510.75 crore (91.1 per cent of TIO) in the corresponding year ago quarter and grew 1.1 per cent from Rs 532.44 crore (90.7 per cent of TIO) in Q1-2016.

The publishing segment reported operating profit of Rs 65.36 crore, which was 2.5 per cent lower than the Rs 67.04 crore in Q2-2015 and 17.6 per cent lower than the Rs 79.29 crore in Q1-2016.

HT Media has four FM radio stations – Fever 104 in Delhi, Mumbai, Bengaluru and Kolkata. Radio segment revenue numbers have been mentioned above. HT Media’s radio segment reported operating profit of Rs 3.84 crore, which was 42.2 per cent lower than the Rs 6.64 crore in Q2-2015 and 42.5 per cent lower than the Rs 6.68 crore in Q1-2016.

The company’s digital segment reported 36 per cent growth in revenue to Rs 33.91 crore (11 per cent of TIO), which was 36 per cent more than the Rs 24.93 crore (4.4 per cent of TIO) in the corresponding year ago quarter and 11 per cent more than the Rs 30.56 crore (5.2 per cent of TIO) in Q1-2016.

Digital segment reported higher loss of Rs 18.35 crore in Q2-2016 as compared to the Rs 14.70 crore in Q2-2015, but lower than the loss of Rs 23.88 crore in Q1-2016.

The company reported unallocated losses of Rs 15.40 crore in Q2-2016; loss of Rs 11.90 crore in Q2-2016 and loss of Rs 20.01 crore in Q1-2016.

Company Speak

HT Media chairperson and editorial director Shobana Bhartia said, "Our performance this quarter has been satisfactory despite subdued economic activity and tepid markets. Our English publications saw a growth in revenue even after factoring in a base effect, and this was driven by growth in both HT Mumbai and MintHindustan continues to demonstrate remarkable resilience and saw high growth rates. We successfully acquired the stations of our choice in the Phase-III FM auctions. The digital business grew in terms of revenue and saw a fall in losses. We are excited by the opportunities on offer, the prospects of our various businesses and are confident of executing on our plans in the coming months."

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/16/Vindhya_Malik.jpg?itok=B1OtVBq3
Guest column: Digital campaigns for social change

India’s digital transformation is proceeding at a breakneck pace. As a generation, we are fortunate to be witnessing the unprecedented absorption of digital in our lives. Digital has the power to orient young populations into better thinkers and conscious citizens, and exponentially enhance the...

MAM Media and Advertising Digital Agencies
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/16/Joy_Personal_Care.jpg?itok=7zXoCc0i
Joy Personal Care goes heavy on digital media marketing for Revive

Joy Personal Care has always been different in its approach to marketing its products. Its advertisements tell stories that are worth listening to. Be it Bharti Singh’s body-positive ad, or Mouni Roy telling that beauty and brain make a combination not so rare; Joy has been pitch-perfect with its...

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/15/dive.jpg?itok=AD1tnlNH
BKC DIVE joins the 'Gully Boy' frenzy with it's own rendition

Joining the 'Gully Boy' furor is popular 'no fuss' bar BKC Dive!  With a catchy rap, the brand has brought alive the vibe of the venue.

MAM Marketing Brands
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/15/mufti.jpg?itok=nU0029YN
MUFTI bags ‘Retailer of the Year’ award at Global Awards for Retail Excellence

Adding yet another title to its roster of accolades, MUFTI – Largest Indian Denim Brand bags the ‘Retailer of the Year’ award in the Fashion and Lifestyle category at Global Awards for Retail Excellence.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/15/fasrttrack.jpg?itok=lgP6rFjr
Fastrack 'moves' hearts with an initiative conceived by Lowe Lintas

One of the most youthful brands in India, Fastrack, has come up with a moving initiative celebrating Valentine’s Day.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/15/nacho.jpg?itok=3esnuQuM
Cornitos propagate exciting supernumerary Nacho offer packs

On accomplishing the 10 year mark in the industry, Cornitos brand of Greendot Health foods Pvt Ltd, is coming up with a rousing offer on two of their exotic Nacho Crisps flavors with extra 25% crisps in their 60gm packs.

MAM Marketing MAM
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/15/OOH_800.jpg?itok=GrT3QezR
Posterscope predicts 12-15% growth for OOH in 2019

Posterscope India, location-based marketing specialist from the house of Dentsu Aegis Network, has predicted a disruptive growth for OOH in India, which will range between 12 to 15 per cent in 2019. As per its findings, the year is expected to be an important and exciting one for the OOH industry...

MAM Media and Advertising Out Of Home
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/15/Mondelez_India.jpg?itok=dA6ZYRXx
Mondelez India lets people pop their hearts out this Valentine's day

To celebrate Valentine’s Day, Mondelez India amplified its ‘Pop Your Heart Out with Silk’ campaign launching a new heart-warming digital film, ‘Cadbury Silk Unsaid Stories’. The TVC opens with a meet-up where members from young to old are shown narrating their love stories, talking about how...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/14/kaya-mireco.jpg?itok=Ilda9-Pu
Kaya Limited and Marico gets into a licensing arrangement

Kaya Limited has signed a licensing agreement with Marico to launch a new skincare brand - Kaya Youth that will be aimed at the younger consumers. As a part of the deal, Marico will pay royalty to Kaya, a separate listed entity.

MAM Marketing Brands

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories