Financials
NDTV reports improved q-o-q results with lower loss, improves EBIDTA for Q2-2014
BENGALURU: New Delhi Television Limited (NDTV) reported a lower consolidated net loss of Rs (-15.26) crore for Q2-2014, which was 57.5 per cent lower than the Rs (-24.04) crore for Q1-2014 (q-o-q), but about four per cent higher loss than the Rs (-14.68) crore the network reported for the corresponding quarter of last year (Q2-2013).
However, it reported an improved EBIDTA of Rs 1.5 crore as compared to the Rs (-19.0) crore for Q2-2013. NDTV also reported a 19 per cent y-o-y growth for Q2-2014 at Rs 128 crore as compared to the Rs 108 crore for the same quarter.
The Company has reported that it has sold its property in Noida for a sale consideration of Rs 30 crore. The gain of Rs 6.27 crore has been recognised in ‘Other Income’ in the standalone and consolidated financial statements recorded by the company. Consolidated other income for Q2-2014 at Rs 22.04 crore was almost quintuple the Rs 4.53 crore for Q2-2013 and the Rs 4.63 crore for Q1-2014.
Let us look at the other figures for Q2-2014 reported by NDTV
Consolidated total income from operations for Q2-2014 at Rs 106.19 crore was 2.8 per cent higher than the Rs 103.33 crore for Q2-2013 and 3.7 per cent higher than the Rs 102.4 crore for Q1-2014. Revenue from NDTV’s television media related segment for Q2-2014 at Rs 107.42 crore was four per cent higher than the Rs 103.33 crore for Q2-2013 and 4.7 per cent higher than the Rs 102.59 crore for Q1-2014. Its retail/e-commerce segment clocked revue of Rs 0.52 crore for Q2-2014. (Intersegment revenue adjustment of Rs 1.75 crore resulted in consolidated income from operations of Rs 106.19 crore for Q2-2014).
Consolidated total expense at Rs 133.58 crore for Q2-2014 was almost flat as compared to the Rs 133.67 crore for Q2-2013 and 6.2 per cent more than the Rs 125.75 for Q1-2014. Production expense for Q2-2014 at Rs 22.84 crore was 2.2 per cent higher than the Rs 22.34 crore for Q2-2013, but 5.5 per cent lower than the Rs 24.11 crore for Q1-2014.
In Q2-2014, the company spent 18.6 per cent less on marketing, distribution and promotional at Rs 25.43 crore as compared to the Rs 31.25 crore for the corresponding quarter last year (Q2-2013), but 17.9 per cent more than the Rs 21.57 crore for Q1-2014.
Operating and administration expense at Rs 33.55 crore was 3.6 per cent higher than the Rs 32.39 crore for Q2-2013 and 17.4 per cent higher than the Rs 28.58 crore for Q1-2014.
Its employee cost at Rs 44.92 crore for Q2-2014 was 10.45 per cent higher than the Rs 40.67 crore for the corresponding quarter of last year (Q2-2013) and almost the same as the Rs 44.93 crore for Q1-2014.
The company claims that total revenue from Hindi News grew 54 per cent y-o-y. Revenue of NDTV’s digital arm, NDTV Convergence, was up by 64 per cent y-o-y. NDTV claims that NDTV Convergence registered 500 crore (five billion) page views, on an annualised basis, across mobile and web and 200 crore (two billion) minutes of streamed videos. It further says that NDTV Gadgets has become India’s biggest gadget site. NDTV’s first e-commerce venture IndianRoots.com was successfully launched on 28 July and is showing healthy sales traction says the company.
MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
