Television

Zeel reports 10 per cent higher y-o-y PAT for Q3-2014

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/01/22/Zee_logo.jpg?itok=heJUM4sH

BENGALURU: The Subhash Chandra led content and broadcast player Zee Entertainment Enterprises Limited (Zeel) reported an improvement by about 10.5 per cent in consolidated Q3-2014 PAT at Rs.213.59 crores as compared to the Rs.193.3 crores for the corresponding period last year on the back of a 26.5 per cent jump in consolidated total income from operations at Rs.1188.36 crores for Q3-2014. The company had reported consolidated total income of Rs.938,82 crores for Q3-2013.

Consolidated PAT for the current quarter was however lower by 9.6 per cent than the Rs.236.27 crores the company had reported for immediate preceding quarter. Zeel had reported 8 per cent lower consolidated total income at Rs.1101.28 crores for Q2-2014 as compared to Q3-2014.

Zeel has two main revenue streams – advertising sales and subscription revenues, the third revenue stream - with sales and services contributing a small fraction to the overall revenue. All the three streams saw healthy y-o-y growth for Q3-2014.

Lower q-o-q consolidated Other Income, an increase in operating cost and other expenses were the chief reasons for the q-o-q consolidated PAT. Sports business revenue in Q3-2014 was Rs.191.5 crores against an expense of Rs.295.6 crores, hence wiping out Rs.104.1 crores from the profit figures reported by the company.

Let us look at the other Q3-2014 results reported by Zeel

Advertising revenue jumped 34 per cent to Rs 684.3 crore for Q3-2014 as compared to the Rs 509.4 crore for Q3-2013 and 17.3 per cent higher than the Rs 583.3 crore for Q2-2014.

Subscription revenue for Q3-2014 at Rs 456.5 crore was 11.4 per cent higher than the Rs 409.8 crore for Q3-2013, but 0.3 per cent lower than the Rs 458.1 crore for Q2-2014. Domestic subscription revenue at Rs 332.2 crore for Q3-2014 showed an increase of 12.2 per cent over the corresponding period of last year, but was 8.3 per cent lower than the Rs 335 crore for Q2-2014. International subscription revenue at Rs 124.3 crore for Q3-2014 was 9.4 per cent higher than the corresponding period of last year and 1 per cent higher than the Rs 123.1 crore for Q2-2014.

Other sales and services income at Rs 47.6 for Q3-2014 crore was more than double (2.416 times) the Rs 19.7 crore for Q3-2013, but 20.5 per cent lower than the Rs 59.9 crore for Q2-2014.

Zeel’s overall expense for Q3-2014 increased y-o-y by 32.5 per cent to Rs 897.6 crore from Rs 677.7 crore in Q3-2013 and 13.5 per cent higher than the Rs 790.8 crore for Q2-2014.

The company reported a sharp increase of 45.6 per cent in operating cost at Rs 609.5 crore as compared to the Rs 418.5 crore for Q3-2013 and 20.8 per cent higher than the Rs 504.1 crore for Q2-2014. The company attributes this higher operating cost to higher programming cost on account of big sporting events in the quarter.

Selling and other expenses for Q3-2014 also increased by 13.3 per cent to Rs 192.3 crore from Rs.169.7 crore in Q3-2013 and 4.8 per cent higher than the Rs 187.5 crore for Q2-2014.

Said Chandra, “While the overall economic environment stays challenging, Zeel continues to grow its business at a healthy pace. The network shares are on an uptrend, buoyed with the addition of new channels in the network. Our investments in sports channels continued during the quarter. We also look to expand our portfolio to take advantage of growth opportunities ahead of us.”

Zeel managing director and CEO Punit Goenka said, “The two new launches &pictures and Zee Anmol have made handsome gains and added to the network strength. Operating margins were lower due to higher losses in sports business due to a heavy event calendar. Rupee depreciation earlier this year also had a negative impact on sports business performance. We are hopeful of an improved sports performance in the years ahead.”

Click here for full report

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/star-plus-800x800.jpg?itok=skBw-Vyj
Star Plus leads in traditional entertainment media brand category: Study

In an industry study conducted by Vidooly, it is observed that Facebook could be a great platform for aspiring video creators in the country. They can then incorporate it in their overall content strategy and try to leverage other platforms like YouTube, Twitter and Instagram.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/discovery-800x800.jpg?itok=0Nm7MzL-
Discovery to air 'River Monsters' throughout December

Freshwater detective, biologist and extreme angler Jeremy Wade has spent three decades traveling the world’s waterways in search of man-eaters that lurk beneath the surface of rivers and lakes in some of the most inhospitable locations in the world.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/tv-today-800x800.jpg?itok=S95bd2jx
Q2-17: TV Today Network topline up

BENGALURU: TV Today Network Limited (TVTN) reported 5.1 per cent increase in standalone revenue (TIO) for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding quarter of the previous year (Q2-16). Standalone profit after tax (PAT) however declined 4.1 per...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/monisha-800x800.jpg?itok=Z2ntYoIO
Discovery appoints FremantleMedia's Monisha Jaising Vaid

Discovery Networks is on a hiring spree. In its endeavour to accelerate growth and embrace opportunities beyond linear, Discovery Networks Asia-Pacific has now appointed Monisha Jaising Vaid as the director of original content for real world products. She joins from FremantleMedia India TV...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/fremental-800x8000.jpg?itok=KYe2Um-i
Wentworth: Fremantlemedia International, Sky Deutschland tie up

FremantleMedia International (FMI) has announced it had secured a deal with German-speaking PayTV platform, Sky Deutschland, for the award-winning and critically-acclaimed prison drama, Wentworth.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/Amirzada-cast.jpg?itok=AdSC4XPM
Amirzada Nawab Khan's story to be telecast on Zee Yuva

MUMBAI: Maharashtra Police, one of the potent police forces in India, has come a long way from the decade of 80s when it lacked training & high-end precision weapons which is the norm of late. That decade was marked with the rise in crime and police’s main weapon were their networking skills...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/BB10.jpg?itok=HeTvyaI5
Colors leads Hindi, urban GEC; Sony Pal retains position

MUMBAI:Colors continues to lead the Hindi GEC and Urban GEC markets in week 47. In Hindi GEC rural market, Sony Pal emerged as the number one channel while Zee Anmol bagged the second position, according to Broadcast Audience Research Council (BARC).

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/axn-800x800.jpg?itok=9WZlHTlX
AXN to air s1-6 of 'Californication'

Novelists are nerds, some say so but there was this one who broke all the stereotypes unabashedly. He was stylish, charming and could flatter almost anyone with his good looks and wit. Does it ring a bell? Yes, we are talking about the much loved TV character, Hank Moody. Get ready for debauchery,...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/vikky-800x800.jpg?itok=tT_jQk1v
'Vicky goes Desi' on NDTV Good Times

After having gone Veg and Foreign, Chef Vicky Ratnani is back in kitchen and is all set to return to your television screens with a brand new show called Vicky Goes Desi on NDTV Good Times. This time the chef is on a mission to create Indian flavours packed into brand new recipes.

Television TV Channels Specialised and Niche

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories