Q2-2016: Sri Adhikari Brothers net sales up 27%; EBIDTA up 62%

Q2-2016: Sri Adhikari Brothers net sales up 27%; EBIDTA up 62%

Sri Adhikari Brothers

BENGALURU: Sri Adhikari Brothers Television Network Limited (SABTVNL) reported 26.8 per cent YoY growth in Net Sales/Income from Operations (TIO) for the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 27.91 crore from Rs 22.01 crore. QoQ, the current quarter’s TIO increased 7.6 per cent from Rs 25.94 crore.

 

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

(2) All numbers are standalone unless stated otherwise.

 

The company’s simple EBIDTA without other income increased 61.8 per cent YoY to Rs 9.7 crore (34.7 per cent margin) from Rs 6 crore (27.2 per cent margin) and increased 3.5 per cent QoQ from Rs 9.37 crore (36.1 per cent margin).

 

SABTVNL’s PAT for the current quarter declined 22.6 per cent YoY to Rs 2.11 crore (7.6 per cent margin) from Rs 2.93 crore (12.4 per cent margin), but increased 2.4 per cent QoQ from Rs 2.06 crore (8 per cent margin).

 

Let us look at the other numbers reported by SABTVNL

 

Total Expenditure in Q2-2016 increased 20.6 per cent YoY to Rs 22 crore (78.8 per cent of TIO) from Rs 18.24 crore (82.9 per cent of TIO) and increased 8.9 per cent QoQ from Rs 20.21 crore (77.9 per cent of TIO).

 

Production/Direct Expense in the current quarter increased 12 per cent YoY to Rs 15.75 crore (56.4 per cent of TIO) from Rs 14.07 crore (63.9 per cent of TIO) and increased 12 per cent QoQ from Rs 14.07 crore (54.2 per cent of TIO).

 

Employee Cost in Q2-2016 increased 30 per cent YoY to Rs 1.06 crore (3.8 per cent of TIO) from Rs 0.81 crore (3.7 per cent of TIO) and increased 7.7 per cent QoQ from Rs 0.98 crore (3.8 per cent of TIO).

 

Finance costs in the current quarter more than doubled (2.45 times) YoY to Rs 2.59 crore (9.3 per cent of TIO) from Rs 1.06 crore (4.8 per cent of TIO), but reduced 4.1 per cent QoQ from Rs 2.69 crore (10.4 per cent of TIO).