Sahara One Q1-2015 revenue down 87 per cent; company posts higher q-o-q loss

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By indiantelevision.com Team Posted on : 12 Aug 2014 01:07 pm

BENGALURU: Sahara One Media and Entertainment Limited (Sahara One) posted 87.3 per cent lower revenue (TIO) at Rs 11.19 crore in Q1-3015 as compared to the Rs 20.95 crore in Q4-2014 and less than half (40.75 per cent) of the Rs 27.42 crore the company had posted for the corresponding year ago quarter.
 
The company's q-o-q loss is at Rs 2.31 crore in Q1-2015 was about 15 times more than the Rs. 0.15crore in the immediate trailing quarter. In Q1-2014, Sahara One had reported PAT of Rs 1.21 crore.
 
Sahara One’s total expenditure in Q1-2015 at Rs 15.1 crore (135 per cent of TIO) was 35.9 per cent lower than the Rs 23.54 crore (112.4 per cent) reported in the immediate trailing quarter and 47.1 per cent lower than the Rs 28.54 crore (79.2 per cent of TIO) in Q1-2014.
 
A major portion of Sahara One’s expenditure is towards purchase of content (Content cost). In Q1-2015, the company spent Rs 9.90 (88.5 per cent of TIO) crore towards this head, which was 42.4 per cent lower than the Rs 17.2 crore in Q4-2014 and 54.4 per cent lower than the Rs 21.73 crore in Q1-2014.
 
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