GECs
Balaji Telefilms Q1-2014 revenue more than doubles Q1-2013, Q4-2013
BENGALURU: The blue-eyed entity of the Indian media and entertainment industry, Balaji Telefilms Limited (BTL) reported consolidated revenue of Rs 84.03 crore for Q1-2014, more than double (up by 131 per cent) the revenue of Rs 36.37 crore in Q1-2013. BTL’s Q1-2014 consolidated revenue was also more than double (up by 117 per cent) the revenue of Rs 38.71 crore for Q4-2013.
Let us take a look at BTL’s other figures for Q1-2014
Despite a negative EBIDTA of Rs 5.02 crore, BTL’s other income of Rs 12.86 crore resulted in a PAT of Rs 3.62 crore for Q1-2014, almost triple (up by 179 per cent) the PAT of Rs 1.39 crore for Q1-2013, and more than sixfold the Rs 0.5143 crore PAT in Q4-2013. BTL’s EBIDTA for Q1-2013 was Rs 0.1861 crore for Q1-2013 and a negative EBIDTA of Rs (-4.5) crore for Q4-2013.
The company attributes the EBDITA loss in Q1-2014 of Rs 5.02 crore to discontinuance of television serials and deferment of non-theatrical revenues.
BTL’s expenditure towards marketing and distribution of television serials and movies for Q1-2014 of Rs 80.22 crore was up by 163 per cent (more than double) the Rs 38.56 crore during Q1-2013 and was 134.4 per cent (again more than double) more than the Rs 34.22 crore in Q4-2013.
BTL’s overhead expenditure for Q1-2014 at Rs 9.25 crore was 17 per cent more than the Rs 7.91 crore for Q1-2013, but 18.22 per cent lower than the Rs 11.31 crore in Q4-2014.
Breakup of figures from Television, Balaji Motion Pictures Limited (BMPL) and Bolt Media Limited (Bolt) for Q1-2014
Including other operating income, Television reported Rs 22.40 as total operating income for Q-2014, Rs 18.34 crore was spent towards production, acquisition marketing and distribution, staff cost, depreciation, and other expenses were Rs 7.12 crore, resulting in a loss from operations of Rs (-3.06) crore. Other Income of Rs 12.86 crore in Q1-2014 resulted in a PAT of Rs 7.43 crore.
The company says that it had lower revenues from Television on account of discontinuance of two shows and it expects commissioned revenues to drive both volume and realisation.
BMPL reported total operating income of Rs 61.67 crore for Q1-2014. Expenditure towards production, acquisition marketing and distribution was Rs 61.58 crore, staff cost, depreciation and other expenses were Rs 3.65 crore, resulting in a loss of Rs 3.57 crore for BMPL.
The company says that actual BMPL EBDITA would be Rs 3.52 crore if marketing and distribution expense of Rs 7.02 crore for two upcoming movies Lootera and Once Upon Ay Time In Mumbai Dobaara is excluded.
Bolt reported revenue of Rs 0.8289 crore for Q1-2014. Expenditure towards production, acquisition marketing and distribution was Rs 0.6691 crore and staff cost, depreciation and other expenses were Rs 0.3787 crore, resulting in a loss of Rs 0.219 crore from Bolt.
Click here for Balaji Telefilms Limited – Financial Report Q1 FY-2014
Click here for Balaji Telefilms Limited – Investor Presentation Q1
FY-2014
GECs
Samsung TV Plus launches Kings of Comedy channel
New free FAST channel brings iconic Hindi comedy shows to millions of Samsung Smart TV owners.
MUMBAI: Samsung TV Plus has just turned up the laughter volume and it’s completely free. The leading free ad-supported streaming television (FAST) service in India has launched Kings of Comedy, a premium comedy channel featuring some of the country’s most beloved primetime shows. Available exclusively on Samsung TV Plus, the channel delivers back-to-back hits including Comedy Nights with Kapil, Khatra Khatra Khatra, and Comedy Nights Bachao, with no login or subscription required.
The launch marks a milestone for free streaming in India, offering audiences a dedicated comedy destination directly from their Samsung TV home screen. It arrives as Samsung TV Plus India celebrates its 5th anniversary, during which the service has grown its monthly active users by 42 per cent and more than doubled its total viewing hours. The platform now offers over 180 free channels across 14 languages.
Samsung TV Plus India general manager and head of business development Kunal Mehta said, “Comedy is the heartbeat of Hindi entertainment, and Kings of Comedy brings together the shows Indians already love, completely free on their Samsung TV. Our focus remains the same take the content people know and make it effortless to access.”
Globally, Samsung TV Plus has surpassed 100 million monthly active users across more than 4,500 channels, solidifying its position as one of the world’s leading free streaming services.
Kings of Comedy is now available on all compatible Samsung Smart TVs. For viewers seeking non-stop laughter without any cost, this new channel delivers a royal treat proving that sometimes the best entertainment really does come with no strings (or subscriptions) attached.
