GECs
Hinduja Ventures investments PAT up for Q1-2014
BENGALURU: IndusInd Media & Communications Limited’s (IMCL) holding company Hinduja Ventures Limited (HVL) reported Rs 18.74 crore profit for Q1-2014, 10.41 per cent higher as compared to the Rs 16.97 crore for Q1-2013 and 16.43 per cent more as compared to the PAT for Q4-2013. Profit from HVL’s investments and treasury segment was eroded by losses from its media and communications segment, real estate segment and the others segment.
Let us look at HVL’s results for Q1-2014
HVL reported a net income from operations for Q1-2014 of Rs 26.62 crore for Q1-2014 which was 25.98 per cent higher than the Rs 21.13 crore for Q1-2013 and 32.72 per cent more than the Rs 20.05 crore for Q4-2013.
HVL’s total expense for Q1-2014 at Rs 6.92 crore was almost triple (more by 189 per cent) the Rs 2.39 crore for Q1-2013 and 72.09 per cent higher than the Rs 40.22 crore for Q4-2013.
Revenue from media and communications segment fell by 25 per cent from Rs 1.46 crore in Q1-2013 Rs 1.09 crore. Loss from this segment more than quadrupled (went up by 308.01 per cent) from Rs (-1.08) crore in Q1-2013 to Rs (-4.40) crore in Q1-2014. This segment had reported a profit of Rs 0.6952 crore in Q4-2013.
Capital employed by this segment increased 1.1 per cent in Q1-2014 to Rs 97.44 crore from Rs 96.36 crore in Q1-2013 and was 1.8 per cent more than the Rs 95.75 crore for Q4-2013.
Revenue from investment and treasury segment recorded an increase of 29.75 per cent to Rs 25.52 crore in Q-2014 as compared to the Rs 19.67 crore for Q1-2013 and was 27.3 per cent more than the Rs 20.05 crore for Q4-2013.
HVL’s investment and treasury segment posted a profit of Rs 24.43 crore which was 32.92 per cent more than the Rs 18.38 crore for Q1-2013 and 36.36 per cent more than the Rs 17.92 crore for Q4-2013.
As mentioned above HVL’s real estate and ‘Others’ segment posted small numbers to erode the profits from the investment and treasury segment as mentioned above.
HVL estimates that it has 8.5 million subscribers across 36 major cities. The company offers over 350 channels in the digital mode. It claims to have a backbone of over 10,000 kms of hybrid fiber optic network through which it also offers broadband services with its national ISP license. IMCL has gone ahead with the first two phases of the digital revolution being ushered in by government mandated policy of digitising the cable networks. The Digital Addressable System (DAS) was introduced by the government on 1 November, 2012 in phases and offers a unique opportunity to IMCL to make all its subscribers addressable and monetise its subscription revenues manifold. HVL says that IMCL has planned new services for the digital cable foray, apart from the broadband services like HD services, hybrid STBs for cable and internet value added services for digital cable.
HVL says that its real estate projects are taking off in Bangalore. Its subsidiary M/s IDL Specialty Chemicals has land in Hyderabad.
GECs
Sony PAL to air Sankat Mochan Hanuman from May 4 at 9 PM
Mythological series brings Lord Hanuman’s tale of devotion and courage back to TV
MUMBAI: Sony PAL is set to bring back the timeless mythological series Sankat Mochan Hanuman, with its premiere scheduled for May 4 at 9 PM. The show revisits the legendary journey of Lord Hanuman, offering viewers a chance to reconnect with one of Indian mythology’s most revered figures.
Centred on themes of devotion, courage and righteousness, the series traces Hanuman’s unwavering loyalty to Lord Ram and his fearless stand against evil. With its mix of dramatic storytelling and visually rich sequences, the show aims to deliver both entertainment and spiritual resonance, appealing to audiences across age groups.
The narrative unfolds as a larger-than-life saga, positioning Hanuman as the ultimate protector and a symbol of strength and selfless service. His journey, rooted in faith and duty, continues to strike a chord with viewers, making the series as relevant today as ever.
The cast features Gagan Malik as Lord Ram, Debalina Chatterjee as Sita, Nirbhay Wadhwa in the titular role, and Saurav Gurjar as Raavan. Their performances bring depth and authenticity to characters deeply embedded in Indian cultural memory.
With its return to television, the show is positioned as more than just a rerun. It taps into a renewed appetite for mythological storytelling, blending nostalgia with timeless values.
As audiences increasingly seek content that resonates beyond entertainment, ‘Sankat Mochan Hanuman’ offers a familiar yet powerful narrative, reminding viewers that stories of faith and courage never really go out of style.
