Television

TV Today numbers flat, radio segment shows improvement

It reported 11.6 percent increase in operating revenue.

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2019/02/09/TV-today.jpg?itok=UuC6wN3v

BENGALURU: The owners of the most watched news channel in the country, TV Today Network Limited (TVTN), reported 11.6 percent increase in operating revenue and a reduction in loss from its Radio Broadcasting segment for the quarter ended 31 December 2018 (Q3 2019, quarter or period under review) as compared to the corresponding year ago quarter (Q3 2018).

Overall, TVTN reported 6.3 percent higher year on year (y-o-y) operating revenue for Q3 2019 at Rs 199.43 crore as compared to Rs 187.54 crore. Total Income in the quarter at Rs 205.99 crore was 6.9 percent higher y-o-y as compared to Rs 192.76 crore. The company reported standalone profit after tax or PAT of Rs 39.19 crore for Q3 2019, almost flat (1.2 percent higher) as compared to Rs 39.73 crore in Q3 2018. Standalone total comprehensive income for the period under review was also 1.2 percent higher y-o-y at Rs 39.19 crore as compared to Rs 38.74 crore in Q3 2018.

Simple operating EBITDA was 2.1 percent higher y-o-y in the quarter under review at Rs 61.61 crore (30.9 percent of operating revenue) as compared to Rs 60.32 crore (32.2 percent of operating revenue.

TVTN has three segments – Television Broadcasting (TV); Radio Broadcasting (Radio); and ‘Others.’ The company’s TV segment is the largest contributor to its numbers. Among the news channels TVTN has is the Hindi News channel Aaj Tak, which is the most watched news channel in the country going by Broadcast Audience Research Council of India weekly data.

TVTN reported 3.9 percent y-o-y increase in revenue for its TV segment at Rs 170.52 crore in Q3 2019 as compared to Rs 164.14 crore. The company reported 4.3 percent y-o-y fall in the segment’s operating profit at Rs 51.91 crore in Q3 2019 as compared to Rs 54.26 crore.

As mentioned above, TVTN reported 11.6 percent y-o-y increase in operating revenue for its radio segment for Q3 2019 at Rs 7.01 crore as compared to Rs 6.28 crore. The radio segment’s operating loss fell to Rs 2.15 crore during the period under review from an operating loss of Rs 6.10 crore in Q3 2018.

TVTN reported 29.1 percent y-o-y increase in operating revenue for its ‘Others’ segment at Rs 22.24 crore as compared to Rs 17.24 crore. Operating result of the ‘Others’ segment for the quarter increased 17.5 percent y-o-y to Rs 5.74 crore from Rs 4.88 crore.

Let us look at the other numbers reported by TVTN

Standalone total expense in Q3 2019 increased 7.7 percent y-o-y to Rs 145.59 crore from Rs 135.16 crore in the corresponding quarter of the previous year. Standalone production cost increased 7.2 percent y-o-y in Q3 2019 to Rs 19.81 crore from Rs 18.48 crore in Q3 2018. Standalone employee benefit expense during the quarter under review increased 10.2 percent y-o-y to Rs 55.37 crore from Rs 50.2 crore in the corresponding period of the previous year. Standalone other expenses in Q3 2019 increased 7.1 percent y-o-y to Rs 62.65 crore from Rs 58.52 crore in Q3 2018.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/20/big.jpg?itok=k7-mTi1Q
Big Synergy appoints Simmi Karna to produce fiction series for OTT, TV

Anil D Ambani-owned Reliance Entertainment's Big Synergy, a content creation and production company, is powering its fiction content team and has appointed Simmi Karna to produce fiction series for OTT and broadcasters.

Television Production House Fiction
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/20/kc.jpg?itok=6xwLc11l
An afternoon of Food, Family and Fun - COLORS’ presents ‘Kitchen Champion’

A culinary experience like no other, COLORS is here to take viewers on a flavourful journey through its newest offering in the afternoon slot, ‘Kitchen Champion.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/20/krishna.jpg?itok=puHo88-e
&TV’s Paramavatar Shri Krishna stands tall at Kumbh Mela 2019

Celebrating the spirit of the Hindu legends and the holy river of the Ganges, the ongoing Ardh Kumbh at Prayagraj is seeing over millions of pilgrims currently.

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/20/ipl.jpg?itok=67yPOP-U
GEC, regional channels' viewership to dip further this year due to IPL, Elections

This summer, India is set to witness two major events, the Indian Premier League (IPL) and the much awaited General Elections, clash for votes and viewership. For the broadcast industry, those with general entertainment channels (GECs) are likely to see even further dip in eyeballs because of this.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/19/dsport.jpg?itok=cVe7auOu
DSPORT to telecast Afghanistan vs Ireland ICC cricket series in India

DSPORT, a premium sports channel of Discovery Communications, will broadcast LIVE the upcoming Afghanistan - Ireland ICC cricket series.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/19/news18.jpg?itok=7EVGa18m
News18 Network announces 2nd edition of rising india summit

With the theme ‘Beyond Politics: Defining National Priorities’, News18, India’s largest news network, is coming up with the second edition of its marquee thought-leadership initiative-News18 Rising India Summit 2019.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/19/mtv.jpg?itok=yqyPURDA
MTV captivates Roadies’ fans with a thrilling stunt on a billboard

India’s No.1 Youth Brand, MTV continues to be the frontrunner in the category and has upped the ante with India’s first ever stunt on a billboard which was created on Saturday, 9th February.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/19/sony-pix.jpg?itok=vk827L_1
Sony PIX brings to you ‘Hollywood’s Finest’ - the ultimate countdown to Oscars 2019

Ninety-one years of recognising and applauding the best of talent in the movie business, Oscars is the most looked forward to event in Hollywood.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/02/19/spn.jpg?itok=0NSole9x
The SPN National Inclusion Cup 2019 A CSR initiative of Sony Pictures Networks India

Sony Pictures Networks India (SPN), with a view to shape the future of the less privileged youth of the country, has associated with Slum Soccer to sponsor the ‘SPN National Inclusion Cup 2019’ for the third time in a row.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories