BENGALURU: South Indian television network Raj TV Limited (Raj TV) reported 26.1 per cent higher EBIDTA (Total Income from Operations or TIO plus Depreciation & Amortisation minus Total Expenditure or TE) for the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 3.88 crore (21.9 per cent margin) as compared to the Rs 3.08 crore (15.5 per cent margin) in Q2-2015. EBIDTA for the current quarter was however lower than the Rs 4.47 crore (22.6 per cent margin) in the immediate trailing quarter.

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

TIO in the current quarter was also 11.7 per cent lower at Rs 17.73 crore as compared to the Rs 20.08 crore in Q2-2015 and was 10.3 per cent lower than the Rs 19.76 crore in Q1-2016.

The company’s profit after tax (PAT) in Q2-2016 declined by a massive 65.9 per cent to Rs 0.26 crore (1.4 per cent margin) as compared to the Rs 0.75 crore (3.8 per cent margin) in Q2-2015 and was 77.7 per cent lower than the Rs 1.15 crore (5.8 per cent margin) in Q1-2016.

The company’s Total Expenditure (TE) in Q2-2016 at Rs 15.46 crore (87.2 per cent of TIO) was 12.2 per cent lower than the Rs 17.61 crore (87.7 per cent of TIO) and was 8.5 per cent QoQ as compared to the Rs 16.90 crore (85.2 per cent of TIO).

Raj TV’s cost of revenues in Q2-2016 declined 26.8 per cent to Rs 6.33 crore (35.7 per cent of TIO) as compared to the Rs 8.65 crore (43.1 per cent of TIO) and was 13.3 per cent lower than the Rs 7.30 crore (37 per cent of TIO) in the immediate trailing quarter.

The company’s administrative expense in Q2-2016 declined 21 per cent to Rs 2.23 crore (12.6 per cent of TIO) as compared to the Rs 2.83 crore (14.1 per cent of TIO) and was 17.9 per cent lower than the Rs 2.72 crore (13.8 per cent of TIO) in Q1-2016.

Raj TV’s employee benefit expense (EBE) in Q2-2016 at Rs 5.29 crore (29.8 per cent of TI) was 4.3 per cent lower than the Rs 5.52 crore (27.5 per cent of TIO) and was 0.5 per cent more than the Rs 5.26 crore (26.6 per cent of TIO) in Q1-2016.