Television

Q2-2015: Saregama reports lower results

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2014/11/19/tv%20music.jpg?itok=BO66GrJT

BENGALURU: Indian custodians of music company Saregama Limited (Saregama) reported a 9.5 per cent drop in Total Income from Operations (TIO) in Q2-2015 to Rs 41.20 crore from the Rs 45.53 crore in the corresponding year ago quarter (Q2-2014) and a drop of 2.4 per cent from the Rs 42.31 crore reported in the immediate trailing quarter (Q1-2015). PAT for the current quarter (Q2-2015) fell 16.5 per cent to Rs 2.08 crore (5 percent of TIO) from Rs 2.49 crore (5.5 per cent of TIO) in Q2-2014 and fell by 38.1 per cent from the Rs 3.36 crore (7.9 per cent of TIO) in Q1-2015.

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

In the six month period ended 30 September 2014 (HY-2015), Saregama’s TIO increased 2.7 per cent to Rs 83.51 crore from Rs 81.34 crore in HY-2014. PAT for HY-2013 at Rs 5.44 crore increased 25.9 per cent to Rs 5.44 crore (6.5 percent of TIO) from Rs 4.32 crore (5.3 percent of TIO) in HY-2014.

Revenue Streams

The company’s net sales income in Q2-2015 at Rs 15.33 crore (37.2 per cent of TIO) was 6.4 per cent lower than the Rs 16.37 crore (36 per cent of TIO) in Q2-2014, and 1.7 per cent more than the Rs 15.07 crore (35.6 per cent of TIO) in Q1-2015. For HY-2015, net sales income increased 4.1 per cent to Rs 30.40 crore (36.4 per cent of TIO) from Rs 29.19 crore (35.9 per cent of TIO) in HY-2014.

License Fee income in Q2-2015 at Rs 25.80 crore (62.6 per cent of TIO) was 11.3 per cent lower than the Rs 29.08 crore (63.9 per cent of TIO) in Q2-2014 and 4.9 per cent less than the Rs 27.12 crore (64.1 per cent of TIO) in Q1-2015. License Fee income rose 1.7 per cent to Rs 52.92 crore (63.4 per cent of TIO) in HY-2015 from Rs 52.04 crore (64 per cent of TIO) in HY-2014.

Segment Results:

Two segments’ contribute to Saregama’s revenue – Music and Films and Television serials (TV).

Music

Saregama’s Music segment reported 11.9 per cent drop in operating revenue to Rs 25.96 crore (63 per cent of TIO) in Q2-2015 from Rs 29.46 crore (64.7 per cent of TIO) in Q2-2014 and a drop of 6.9 per cent from Rs 27.88 crore (65.9 per cent of TIO) in Q1-2015. For HY-2015, operating revenue fell 1.3 per cent to Rs 53.84 crore from Rs 54.55 crore in HY-2014.

The segment reported 20.9 per cent drop in operating profit to Rs 6.61 crore in the current quarter from Rs 8.36 crore in Q2 2014 and 48.7 per cent drop from the Rs 12.89 crore in Q1-2015. Operating profit from the music segment increased 10.4 per cent to Rs 19.5 crore from Rs 17.67 crore in HY-2014.

Films and Television serials (TV)

Operating revenue from the TV segment fell 5.2 per cent in Q2-2015 to Rs 15.24 crore (37 per cent of TIO) from Rs 16.07 crore (35.3 per cent of TIO) in Q2-2014 and increased 5.6 per cent from the Rs 14.43 crore (34.1 per cent of TIO) in Q1-2015. In HY-2015, operating from the TV segment rose 10.8 per cent to Rs 29.67 crore (35.5 per cent of TIO) from Rs 26.79 crore (32.9 per cent of TIO) in HY-2014.

This segment reported less than one thirteenth (1/13.37 times) the operating profit in Q2-2015 at Rs 0.19 crore as compared to the Rs 2.54 crore in Q2-2014. For Q1-2015, the segment had reported operating loss of Rs 0.82 crore. In HY-2015, TV segment reported operating loss of Rs 0.63 crore against an operating profit of Rs 2.91 crore in HY-2014.

Let us look at the other numbers reported by Saregama for Q2-2014.

Saregama’s Total Expenditure (TE) in Q2-2015 at Rs 40.33 crore (97.9 per cent of TIO) was 7.5 per cent lower than the Rs 43.6 crore (95.8 per cent of TIO) in Q2-2014 and 3 per cent more than the Rs 39.16 crore (92.6 per cent of TIO) in Q1-2015. For HY-2015, TE increased 2.3 per cent to Rs 79.49 crore (95.2 per cent of TIO) in HY-2014.

Saregama paid 44.9 per cent lower Royalty Fees in Q2-2015 at Rs 4.58 crore (11.1 per cent of TIO) as compared to the Rs 8.31 crore (18.3 per cent of TIO) in Q1-2014 and 14.2 per cent lower than the Rs 5.34 crore (12.6 per cent of TIO) in Q1-2015. HY-2015 Royalty Fees paid by the company fell 15.6 per cent to Rs 9.92 crore (11.9 per cent of TIO) from Rs 11.75 crore (14.4 per cent of TIO) in HY-2014.

Saregama’s cost of production of films, television and portal (Production cost) in Q2-2015 at Rs 14.44 crore (35 per cent of TIO) was 4.4 per cent more than the Rs 13.83 crore (30.4 per cent of TIO) in Q2-2014 and 4.9 per cent more than the Rs 13.76 crore (32.5 per cent of TIO) in Q1-2015. HY-2015 production cost at Rs 28.19 crore (33.8 per cent of TIO) was 23.6 per cent more than the Rs 22.80 crore (28 per cent of TIO) in HY-2014.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/modi.jpg?itok=ESOxR2va
Mann ki Baat gains popularity among NRIs, CMs to emulate idea

Even as the 32nd instalment of ‘Mann Ki Baat’ by Prime Minister Narendra Modi is slated for next Sunday, it is being emulated soon by some Chief Ministers who are commencing similar broadcasts.

Television TV Channels Terrestrial
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/sajan_0.jpg?itok=iT_PurNQ
New series on Sony Sab on how one innocuous lie can lead to trouble

A new series on Sony Sab. Sajjan Re Phir Jhooth Mat Bolo is a story of how an innocuous lie leads to a mountain of lies as the protagonist cannot risk telling the truth for the fear of losing his love.

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/promax_0.jpg?itok=T5Qr4GAY
MTV gets 10 of the total haul of 18 PromaxBDA awards by Viacom18

Viacom 18 Media has bagged 18 awards across categories at the recently concluded PromaxBDA India 2017 Awards, all the awards going to those conceptualized and produced in-house.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/vh1.jpg?itok=tDZt_-aC
Vh1 partners with Vivo brings the 2017 Billboard awards to India

Vh1 is all set to air the much-awaited 2017 Billboard Music Awards presented by Vivo Camera & Music.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/aditya.jpg?itok=PfNLpQYt
Epic to reposition as an infotainment channel; Sehwag show announced

It’s making an epic shift. Epic TV which saw the departure of its CEO Mahesh Samat for Disney last year, is now positioning itself as an infotainment channel, broadening its programming from just mythology and history and adding a wide array of original content across various genres.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/zee-hindustan.jpg?itok=EBP_lypk
Zee group launches news channel Zee Hindustan

MUMBAI: Another news channel has joined the 800-odd currently beaming into Indian homes. And it is coming courtesy the Subhash Chandra headed Zee group. Called Zee Hindustan, it was launched on 20 May, with an intent to “ bring to fore the voice of the common man, from Kashmir to Kanyakumari.”

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/IPL-2017-Story.jpg?itok=cIqPNnPp
IPL tendering process to commence 17 July; bidding to be fierce

MUMBAI: The Mukesh Ambani-owned Mumbai Indians pulled of a wafer thin victory against the Rising Pune Supergiants in the final of the Vivo IPL 2017, possibly giving a super boost to the TV ratings that Sony Pictures Networks India (SPN India) will notch up for its telecast. The final match could...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/Subhash-Chandra.jpg?itok=bPrSlSjF
Essel Group's 90 years event simulcasts across all ZEE entertainment channels

MUMBAI: Essel Group recently held its 90 years celebrations event in New Delhi amidst the presence of esteemed dignitaries, corporate honchos and Government authorities including the president Pranab Mukherjee and prime inister, Narendra Modi. The success of the event was the result of the entire...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/Poker-League.jpg?itok=ZUgvpGpI
Dabur's Amit Burman-backed Poker Sports League to launch on 24 May in Goa

MUMBAI: So looking at sports these days we have a national league for each and every game let it be cricket, football, hockey, basketball, badminton, kabaddi and many more. Now you can add poker to that list. Come 24 May, the Deltin Royale, which is anchored in the Mandovi river in Goa, will see...

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories