Television

TV Today board recommends 45% dividend; numbers up

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/05/23/tv-today.jpg?itok=QaJtFIQR

BENGALURU: The board of directors of TV Today Network Ltd (TVTN) has recommended a dividend of Rs 2.25 (45 per cent) per equity share of face value of Rs 5 each for the financial year ended 31 March 2018 (FY 2018, year, fiscal under review). The company has reported 10.7 per cent growth in consolidated total revenue from operations including other revenue for fiscal 2018 as compared to the previous year. Consolidated profit after tax (PAT) grew 18.4 per cent in FY 2018 as compared to FY 2017. Consolidated EBITDA and EBITDA margin during the year under review also grew as compared to the previous year. TVTN is the television arm of the India Today group.

TVTN?s consolidated total revenue including other income for FY 2018 was Rs 790.92 crore as compared to Rs 652.28 crore in the previous year. Consolidated revenue from operations (Op revenue) expanded 10.5 per cent in the fiscal under review to Rs 720.92 crore from Rs 652.28 crore in FY 2017. Consolidated PAT for FY 2018 grew to Rs118.94 crore from Rs 100.46 crore in the previous year. Consolidated simple EBITDA without other income for FY 2018 was up 16.3 per cent at Rs 283.92 crore (39.2 per cent of op revenue) as compared to Rs 244.20 crore (37.4 per cent of op revenue).

Consolidated total expenditure in FY 2018 grew four per cent to Rs 548.48 crore as compared to Rs 527.49 crore in the previous year. Consolidated employee benefits expense during the year under review grew 12.2 per cent to Rs 202.46 crore from Rs 180.50 crore in fiscal 2017. Consolidated production costs declined 6.5 per cent in FY 2018 to Rs 76.31 crore from Rs 81.64 crore in the previous year. Consolidated other expenses increased 3.2 per cent in FY 2018 to Rs 231.74 crore from Rs 180.50 crore in the previous year.

Four segments ? TV broadcasting; radio; others; and newspaper publishing contribute to TVTN?s numbers, of which TV broadcasting is the major segment. The company reported TV broadcasting segment?s revenue growth of 7.7 percent in FY 2018 to Rs 606.80 crore from Rs 563.59 crore in the previous year. The segment had a 29.3 per cent higher operating profit in FY 2018 of Rs 202.63 crore as compared to Rs 156.75 crore in FY 2017.

After migration of three of its radio stations to phase III, radio segment reported a 167.6 per cent revenue growth in FY 2018 to Rs 23.90 crore from Rs 8.93 crore in the previous year. The segment?s operating loss reduced to Rs 13.69 crore during the year under review as compared to an operating loss of Rs 17.51 crore in FY 2017.

TVTN?s ?Others? segment revenue grew 36 per cent in FY 2018 to Rs 60.46 crore from Rs 44.45 crore in fiscal 2017. Operating profit of the segment more than doubled (up 106.9 per cent) in FY 2018 to Rs 4.80 crore from Rs 2.32 crore in the previous year.

Newspaper publishing segment revenue declined 20 per cent in FY 2018 to Rs 30.46 crore from Rs 38.08 crore in FY 2018. The segment?s operating loss more than tripled (grew by 202.1 per cent) in FY 2018 to Rs 8.55 crore from an operating loss of Rs 2.83 crore in the previous fiscal.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/18/FY18.jpg?itok=O5w2knJ_
A+E Networks | TV18 launches FYI TV18 HD

AETN18, the joint venture between A+E Networks and Network18 has planned to launch the high definition (HD) version of the contemporary lifestyle entertainment channel—FYITV18 on 18 October 2018.

Television TV Channels Specialised and Niche
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/18/Mehul_Kapadia.jpg?itok=8ov9ErjP
Tata Communication, European Tour show how VR can transform golf

The European Tour and Tata Communications have completed the world’s first test of live 360° video in 8K Ultra High Definition – the highest resolution in digital television on 16 October 2018.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/18/week%2041.jpg?itok=dlmdEXYB
Kids most benefited genre in Chrome DM week 41

MUMBAI: With a growth of 0.72 per cent as compared to last week (40), the kids genre marked the highest opportunity to see (OTS) among all categories in week 41 of Chrome Data Analytics & Media. In the kids genre, Nickelodeon gained the highest OTS with 91 per cent in All India 1 Lakh+ market....

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/17/bb.jpg?itok=zY4XZsFs
Prepare for three months of fireworks as COLORS SUPER premieres Bigg Boss Kannada – Season 6

Television viewing has never been the same, since the introduction of reality programming kingpin

Television TV Channels Regional
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/17/kaal.jpg?itok=UqtRUxIk
Star Bharat brings Kaal Bhairav Rahasya 2 with a new mystery

India has had age old history associated with myths legends folklore and one of the biggest myth has been that of the curses.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/17/cnbc.jpg?itok=EokyIsrZ
Industry Honchos Uday Kotak, Rajnish Kumar and Kalpana Morparia come together to identify the winners of IBLA 2019

CNBC-TV18’s most-awaited marquee property, The India Business Leaders Awards will be conducting a jury meet along with an informative and insightful panel discussion on Today at Trident BKC, Mumbai, 2:30 pm.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/17/news.jpg?itok=DMl2reiu
News18 India Unveils Two New Shows- “Ye Desh Hai Humara” and “Akhada”

Ahead of the upcoming assembly elections in 5 states including MP & Rajasthan and general elections next year

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/17/allu.jpg?itok=B2FEfPB4
Zee Telugu Announces World Television Premiere of Allu Arjun starrer Naa Peru Surya

Filling this weekend with patriotism, action and drama, Zee Telugu is here with a world television premiere movie of a young man discovering himself while finding the right balance between serving his country and overcoming the hurdles thrown at him due to the power struggles in place.

Television TV Channels Regional
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/10/btvi.jpg?itok=VtXL2F1Y
BTVI endeavors to increase financial literacy across India through Money Mantra

Business Television India (BTVI), India’s Premier English Business News Channel, introduces a multicity initiative - Money Mantra which is an effort to expand the financial awareness and literacy by bringing together, personal financial experts and mutual fund experts close to the common man and...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories