BENGALURU: Media house HT Media announced a 17 per cent growth in PAT numbers to Rs 47.5 crore in Q1-2014 as compared to Rs 40.7 crore in Q1-2013. The company's total revenues were up 11 per cent at Rs 568.5 crore in Q1-2014 from Rs 510.9 crore in the corresponding quarter during last fiscal.

HT Media?s radio business revenue which contributes less than four per cent to the overall revenues grew at a slightly lower rate of 15 per cent to Rs 21.4 crore in Q1-2014 as compared to Rs 18.5 crore in Q1-2013.

The company spent 18 per cent more towards other expenses at Rs 181.8 crore in Q1-2014 as compared to the Rs 153.7 crore in Q1-2013 on account of increase in advertising and sales promotions expenses.

Lets take a look at its Q1 2013-14 figures

HT Media?s total revenues for Q1-2014 were up 11 per cent at Rs 568.5 crore from Rs 510.9 crore in Q1-2013 on account of a 10 per cent increase in advertising revenues of print segment to Rs 409.5 crore (Q1-2014) from Rs 372.5 crore (Q1-2013). The growth was primarily driven by an increase in advertising volumes; 16 per cent increase in circulation revenues of print segment to Rs 60.8 crore (Q1-2014) from Rs 52.5 crore (Q1-2013) driven by increase in realisation per copy; 15 per cent increase in radio revenues to Rs 21.4 crore (Q1-2014) from Rs 18.6 crore in Q1-2013.

The company says that EBITDA for Q1-2014 was higher by 20 per cent to Rs 105.5 crore from Rs 87.8 crore in Q1-2013, primarily driven by: Growth in advertising and circulation revenues; a three per cent decline in cost of raw materials to Rs 171.5 crore in Q1-2014 from Rs 176.2 crore in Q1-2013 due to decrease in newsprint consumption. As mentioned above, overall PAT was higher by 17 per cent at Rs 47.5 crore from Rs 40.7 crore.

HT Media?s says that its digital business reported buoyant performance for Q1 -2014 with a 41 per cent increase in revenues to Rs 17.1 crore from Rs 12.1 crore in Q1-2013.

The company revealed that its growth in numbers was partially offset by an 18 per cent increase in other expenses to Rs 181.8 crore in Q1-2014 from Rs 153.7 crore (Q1-2013) on account of increase in advertising and sales promotions expenses and a 15 per cent increase in employee cost at Rs 105.5 crore up from Rs 91.6 crore.

HT Media chairperson and editorial director Shobhana Bhartia said, "While the overall economic environment continues to be subdued, what has worked for us is our diversification strategy. We continue to effectively build brand salience in Mumbai and our Hindi business is sustaining a healthy pace of growth led by Uttar Pradesh. Our digital and radio businesses continue to gain traction and deliver robust growth."

"Overall, we remain optimistic on the medium-term outlook for HTML and will deliver sustainable growth and profitability for our stakeholders as the economic environment improves," she added.

MUMBAI: After posting losses totaling $366.775 million during a five year period from 2008 to 2012, film and television entertainment company Lions Gate Entertainment Corp (Lionsgate) reported an adjusted net income of $190.1 million for the financial year ended March 2013. Lionsgate had reported a net income of $ 15.472 million way back in FY-2007.

Let?s compare the financials for FY 2013 to the prior year

The corporation reported revenue of $2.71 billion, adjusted EBITDA of $329.7 million, net income of $232.1 million and adjusted net income of $190.1 million for the fiscal ended 31 March, 2013.

Revenue of $2.71 billion for the fiscal increased by 71 per cent compared to $1.59 billion in the prior year, reflecting strong performances by the company throughout its theatrical, home entertainment, international and Lionsgate UK operations driven by a slate of films led by ?The Hunger Games? and ?Twilight? franchises.

Adjusted EBITDA of $329.7 million for the fiscal compared to adjusted EBITDA of $71.6 million in the prior year.

Net income for the fiscal was $232.1 million compared to a $ 39.1 million net loss during the prior year. Adjusted net income of $190.1 million compared to adjusted net loss of $ 13.1 million.

Free cash flow of $280.5 million for fiscal 2013 compared to negative free cash flow of $(86.9) million in the prior year.

Lionsgate?s film entertainment backlog, or already contracted future revenue not yet recorded, was $1.1 billion at March 31, 2013.

Overall motion picture segment revenue for fiscal 2013 was $2.33 billion, an increase of 96 per cent from the prior year reflecting strong gains in all categories. Within the segment, theatrical revenue in the fiscal year was $535.5 million compared to $208.9 million in the prior year, a 156 per cent increase attributable to the box office performance of a 2013 slate that included ?The Twilight Saga: Breaking Dawn - Part 2?, ?Warm Bodies?, ?The Expendables 2? and ?Madea?s Witness Protection? as well as ?The Hunger Games? from the 2012 slate. The next ?Hunger Games? installment, ?The Hunger Games: Catching Fire?, will open worldwide on 22 November, 2013.

Lionsgate?s home entertainment revenue from both motion pictures and television was $964.1 million for the fiscal year, a 41 per cent increase compared to $683.5 million in the prior year, driven by ?The Hunger Games?, ?The Twilight Saga: Breaking Dawn -- Part 1? and ?The Twilight Saga: Breaking Dawn - Part 2?, three of the biggest home entertainment titles of the year, as well as ?The Expendables 2?, ?Madea?s Witness Proetction?, ?Cabin In The Woods? and ?What To Expect When You?re Expecting?.

Digital media revenue increased by 46 per cent to $276.6 million in fiscal 2013 compared to $190.1 million in the prior year.

Television revenue included in the motion picture segment was $277.9 million in the fiscal more than doubling the $119.9 million generated in the prior year.

International Motion Picture segment revenue of $369.7 million (excluding Lionsgate UK) for the fiscal more than tripled the prior year total. Lionsgate UK revenue was $147.7 million, an increase of 46 per cent from the prior year.

Revenue in the television production segment in the fiscal was $379.0 million compared to $397.3 million in the prior year. The decline was primarily attributable to a decrease in home entertainment revenue for television programming as the prior year included the licensing of four seasons of ?Mad Men? to Netflix. Domestic and international licensing of television programming posted gains over the prior year.

Lionsgate CEO Jon Feltheimer said, "We completed a stellar fiscal 2013 with an outstanding fourth quarter that reflected strong contributions from our young adult franchises as well as the rest of our theatrical slate and our home entertainment and international businesses. We are performing ahead of plan for all of our metrics, and we?re pleased with the financial strength of our diverse portfolio of businesses and our strong and growing momentum building Lionsgate into a next generation global content leader."