Television

Tax adjustments bring Balaji Telefilms’ Q3 numbers back in the black

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2018/02/14/balaji.jpg?itok=NOHsPocP

BENGALURU: Tax adjustments of Rs 31.38 crore returned consolidated profit after tax (PAT) of Rs 24.82 crore for Balaji Telefilms Ltd (Balaji Telefilms) for the quarter ended 31 December 2017 (Q3 2018, the quarter under review). The company had reported consolidated net loss after tax of Rs 1.86 crore for the corresponding year ago quarter (Q3 2017) and net loss of Rs 13.84 crore for the immediate trailing quarter (Q2 2018). The company reported operating loss (negative EBITDA) of Rs 7.08 crore in Q3 2018 as compared with operating loss of Rs 10.58 crore in Q3 2017.

Overall, the company reported higher realisation per programming hour of Rs 0.33 crore for Q3 2017 as against Rs 0.32 crore in Q2 2018. However, due to a 32 per cent year-on-year (yoy) decline and a 25 per cent quarter-on-quarter (qoq) decline in commissioned programmes, the company’s segment revenue decreased. Along with declines in its films and digital segments, Balaji’s consolidated revenue for the quarter under review declined to half yoy to Rs 65.15 crore as against Rs 130.37 crore.

Segment Revenue

Balaji Telefilms has three segments–commissioned programmes (CP), films and digital.

Revenue from CP declined by 17 per cent yoy in Q3 2018 to Rs 69.47 crore from Rs 83.74 crore. CP reported 44.7 per cent higher yoy operating profit of Rs 16.59 crore for Q3 2018 as compared with Rs 11.47 crore. The film segment revenue in the quarter under review declined by 95.6 per cent yoy to Rs 0.85 crore from Rs 19.20 crore. The segment reported lower operating yoy loss of Rs 0.28 crore in Q3 2018 as against Rs 0.51 crore in Q3 2017. Balaji Telefilms’ digital segment (aka ALTBalaji) reported revenue of Rs 1.14 crore for Q3 2018 as against nil in Q3 2017. The segment’s operating loss more than doubled yoy to Rs 8.15 crore in Q3 2018 to Rs 8.76 crore from operating loss of Rs 4.35 crore.

Let us look at the other numbers reported by Balaji Telefilms

Balaji Telefilms’ total expenditure for Q3 2018 reduced by 25.8 per cent yoy to Rs 76.40 crore from Rs 102.98 crore. Cost of production/acquisition and telecast fees in the current quarter reduced by 2.16 per cent yoy to Rs 75.77 crore from Rs 77.37 crore. Employee benefits expense in Q3 2018 increased by 3.7 per cent yoy to Rs 6.87 crore from Rs 6.63 crore. Marketing and distribution expense in the quarter under review increased by yoy to Rs 7 crore from Rs 0.2 crore. Other expenses grew by 27.8 per cent yoy to Rs 12.08 crore from Rs 9.46 crore.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/24/poker2_0.jpg?itok=yf0oPPVf
Guest Column: Online poker the next big wave in digital

With poker’s popularity having touched heights in the US, the UK, China, and other European nations, the card game online has also begun to gain immense traction in India. People in India have begun to recognise poker as a skilled-based game. This is one of the major reasons why a large number of...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/24/newsx_0.jpg?itok=__V4npdX
NewsX launches its biggest campaign to unearth non-performing assets

NewsX has launched India's biggest investigation into Non-Performing Assets (NPAs) by kicking off a 100-day campaign to help strengthen India's financial backbone by weeding out non-performing assets that are weighing down on banks.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/24/btvi.jpg?itok=zk9pLhf1
Shaping the future of Information and Entertainment industry at magnetic maharashtra, exclusively on BTVI

The State government’s initiative ‘Magnetic Maharashtra Convergence Summit 2018’ held recently in Mumbai, showcasing progress of Maharashtra, witnessed participation from major players and Indian companies. The summit focussed on building the state economy with a total committed investment of Rs12...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/23/bbc.jpg?itok=9DZqDrRf
BBC News invests in VR documentary series

Hotly tipped as one of the digital trends to look out for in 2018, virtual reality (VR) has made significant steps towards becoming a more integrated offering from BBC News. The BBC is investing in bringing its award-winning journalism to audiences seeking new experiences by launching a VR...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/23/u-cypher.jpg?itok=2BlC65s-
U Cypher with MTV: a stunnig finale concludes with team yakshas taking the inaugural season's title

Boosting the E-Sports scene in India, the intense, gruelling 34-day U Cypher championship finally ended with team Yakshas bagging top honours. They defeated the Sherdils in a thrilling match that went into overtime

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/23/phero.jpg?itok=fVblOXVn
Sony SAB launches Saat Phero Ki Hera Pherie

‘Men are from Mars and Women are from Venus’ is not just a famous book title but has become a catchphrase which truly illustrates the behavioral differences between men and women. The two genders can be poles apart in the way they think or emote. Sony SAB’s new show Saat Phero Ki Hera Pherie...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/23/Untitled-1.jpg?itok=-HY_PRCd
Crime reality shows maybe doing more harm than good

The darker genres of storytelling such as thriller, crime and horror have hooked viewers for years. Though at times gory, viewers gulp down crime stories if they are crafted with an element of fun. But a rise in criminals imitating scenes from shows has led people to blame both Bollywood and TV...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/23/chrome.jpg?itok=TMMjv7Nc
Chrome DM bags election count and analysis forthe upcoming elections in Meghalaya,Tripura, Nagaland

Chrome Data Analytics and Media – India’s largest primary research and data analytics company – has bagged the tender for covering and analysing the counting of polls in the North-Eastern states of Meghalaya, Tripura and Nagaland for the Doordarshan channel. This marks the foray of the company in...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/02/23/reham.jpg?itok=3Ylaggn7
Communication of Reham Khan's exclusive interview with WION

Imran khan's ex-wife has spoken exclusively to WION on his recent remarriage. Reham Khan who was Imran Khan's second wife, told WION from her home in London that 'Imran Khan's latest marriage is a political misadventure, those who seek power need to make good judgements'. Imran khan tied the knot...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories