Q2-2016: Balaji Telefilms' QoQ PAT more than triples despite lower revenue

BENGALURU: Balaji Telefilms Limited (Balaji Telefilms) reported 3.5 times consolidated profit after tax (PAT) in the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 7.29 crore (13.2 per cent margin) as compared to the Rs 2.09 crore (2.8 per cent of TIO) in the immediate trailing quarter. The company had reported a loss of Rs 75.80 crore in Q2-2015.

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

(2) All numbers are consolidated unless stated otherwise.

The company reported eight per cent YoY drop in consolidated total income from operations (TIO) current quarter to Rs 55.08 crore from Rs 59.86 crore and 27.3 per cent drop from Rs 74.64 crore in Q1-2016. 

The company’s revenue from commissioned programs segment in Q2-2016 increased YoY to Rs 51.18 crore from Rs 49.33 crore but declined 30.4 per cent from Rs 73.58 crore in the immediate trailing quarter. The segment’s operating profit in the current quarter increased by 2.2 times YoY to Rs 13 crore from Rs 5.85 crore and increased 11.4 per cent QoQ from Rs 11.67 crore.

Total programming hours (excluding Nach Baliye) in the current quarter at 199 were lower than 219 hours in Q2-2015 and 209 hours in Q1-2016. Revenue per hour in Q2-2016 was Rs 24.3 lakh, higher than the Rs 20.50 lakh in the year ago quarter. For the immediate trailing quarter, revenue per hour was also Rs 24.3 lakh. The company says that drop in number of hours in the current quarter is mainly on account of Jodha Akbar going off-air in August 2015.

Balaji’s other segment – Films, reported revenue of just Rs 1.64 crore in the current quarter as compared to Rs 9.43 crore in Q2-2015. The segment reported revenue of Rs 1.04 crore in Q1-2016.

Film’s segment reported operating profit of Rs 0.06 crore in Q2-2016 as compared to an operating loss of Rs 7.46 crore in Q2-2015 and an operating loss of Rs 0.45 crore in the immediate trailing quarter.

Total Expenditure in the current quarter declined 10.2 per cent to Rs 45.85 crore as compared to Rs 51.07 crore in the corresponding year ago quarter and declined 28.5 per cent from Rs 64.16 crore in the immediate trailing quarter.

The company’s cost of production in the current quarter declined 33 per cent YoY to Rs 36.7 crore from Rs 54.6 crore and declined 39 per cent QoQ from Rs 60.2 crore.

Staff cost increased 19 per cent YoY and QoQ to Rs 50 crore from Rs 42 crore.

Latest Reads
World Television Premiere of Judwaa 2 on Star Gold

This Christmas, Star Gold dons the Santa hat promising to indulge its viewers with double the entertainment, double the excitement and double the fun! The Home of Blockbusters announces the World Television Premiere of one of the most sought after films of the year – Judwaa 2. The film that raked...

Television TV Channels Movie Channels
Eros International inks co-production pact with Drishyam Films

Eros International Media Ltd (Eros International) has signed a four-film co-production deal with leading production house, Drishyam Films.

Television Production House Film Production
ITW Consulting bags in-stadia ad rights for Ind & Aus tours of SA 2018

ITW Consulting, India-based sports management company, has acquired in-stadia advertising rights for the Indian and Australian Tours of South Africa for 2017/2018. ITW Consulting rights will market and sell these in-stadia advertising rights to non-South African companies and entities.

Television TV Channels Sports
Nickelodeon kid's choice awards 2017

Nickelodeon Kid's Choice Awards (KCA) 2017, presented by Dabur Red Paste, powered by Jolly Rancher in association with Yellow Diamond and Funskool and Apis Honey took place on 15 December 2017.

Television TV Channels Kids
Focus Group to launch Kannada news channel

Focus Group is now focusing on south India with its upcoming news channel Focus TV Kannada News.

Television TV Channels News Broadcasting
Panchal helps Star Bharat top Hindi GECs across genres

Optimystix Entertainment’s Indian comedy sitcom Kya Haal Mr. Panchal on Star India’s FTA Hindi GEC Star Bharat has been amongst Broadcast Audience Research Council of India’s (BARC) weekly list of top-five Hindi GEC programmes in the HSM markets, more so during primetime. In week 49 of 2017:...

Television TV Channels Viewership
&Privé HD celebrates the birthday of the Steven Spielberg

&Privé HD, the English movie channel, presents Club Privé: Spielberg Edition – a curation of five of Spielberg’s best movies exploring different sides of human emotions. The special will air from 18 to 22 December at 11 pm only on &Privé HD.

Television TV Channels English Entertainment
Green Gold’s golden Mumbai launch

MUMBAI: Green Gold Animation is all set to hit the green running with its new offshoot Golden Robot. The Rajiv Chilaka-run animation outfit has been wowing everyone with its deals for animation series with both Netflix and Amazon Prime.  But the occasion this time was the celebration of the launch...

Television Production House Film Production
Gujarat elections boost news channel ratings as Republic continues to lead English News

BENGALURU: Rahul Gandhi’s shenanigans and Narendra Modi’s sudden and unexpected belligerence at rallies leading up to the Gujarat state assembly elections have resulted in bolstering sagging news viewership, especially for the English news genre. According to Broadcast Audience Research Council of...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories