Financials
Sri Adhikari Brothers Television FY-2014 PAT up 4.5 times
BENGALURU: Sri Adhikari Brothers Television Network Limited (SAB TV) reported a 4.5 fold increase in consolidated PAT of Rs 5.52 crore (3.1 per cent of Income from Operations or Op Inc) in FY-2014 from Rs 1.23 crore (0.8 per cent of Op Inc) in FY-2013. SAB TV reported a 11.9 per cent jump in topline for FY-2014 to Rs 180.37 crore from Rs 161.24 crore in FY-2013.
Note: (1)100,00,000=100 lakh = 1 crore = 10 million.
(2) Annual figures are on a consolidated basis, quarterly figures are standalone.
Let us look at the numbers for FY-2014 reported by SAB TV
On a consolidated basis, the SAB TV group has two business segments – (a) Content Production and Distribution (Content) and (b) Broadcasting.
SAB’s content segment reported revenue of Rs 71.49 crore in FY-2014, up 18.3 per cent as compared to the Rs 60.43 crore in FY-2013. This segment returned a 10.7 per cent improvement in positive result of Rs 7.81 crore (10.9 per cent of segment revenue) in FY-2014 as compared to the Rs 7.06 crore (11.7 per cent of segment revenue) in FY-2013.
SAB’s broadcasting segment reported revenue of Rs 108.89 crore in FY-2014, up 8 per cent as compared to the Rs 100.82 crore in FY-2013. The company’s broadcasting segment returned operating profit of Rs 19.41 crore (17.8 per cent of segment revenue), which was 68.2 per cent more than the Rs 11.54 crore (11.4 per cent of segment revenue) in FY-2013.
SAB has reported total expense of Rs 153.35 crore (85 per cent of Op Inc) in FY-2014, 7.3 per cent more as compared to the Rs 142.95 crore (88.7 per cent of Op Inc) in FY-2013.
SAB TV has reported Production/Direct Expense (Prodn Exp) of Rs 115.29 crore (63.9 per cent of Op Inc) in FY-2014 9.3 per cent more as compared to the Rs 105.44 crore (65.4 per cent of Op Inc) in FY-2013.
The company’s Interest/Finance cost went up 4.5 per cent in FY-2014 to Rs 18.01 crore (10.5 per cent of Op Inc) from Rs 18.14 crore (11.3 per cent of Op Inc) in FY-2013.
The board of directors of the company has recommended a dividend of 60 paise per equity share of Rs 10 each for the financial year 2013-14 subject to the approval of shareholders in the ensuing annual general meeting.
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