GECs
Sahara One reports y-o-y flat results, net profit down for Q1-2014
BENGALURU: Television and motion picture operator Sahara One Media and Entertainment Limited (Sahara One) has reported disappointing results for Q1-2014. Total income, including income from operations and other income in Q1-2014 was almost flat at Rs 30.32 crore as compared to the Rs 30.36 crore for Q1-2013. Total income for Q4-2013 was Rs 28.2 crore.
Sahara One’s net profit for Q1-2013 at Rs 1.21 crore for Q1-2014 was 32.02 per cent lower than the Rs 1.78 crore for Q1-2013. For Q4-2013, Sahara One reported a loss of Rs (-1.74) crore.
Let us look at the other figures reported by Sahara One for Q1-2014
Income from operations for Q1-2014 at Rs 27.42 crore was 6.73 per cent lower than the Rs 29.40 crore for Q1-2013, and marginally higher (by 3.35 per cent) than the Rs 26.53 crore for Q4-2013.
Other income at Rs 2.9 crore was significantly higher (almost three times) the Rs 0.96 crore for Q1-2013 and was 74 per cent more than the Rs 1.67 crore for Q4-2013.
Expenditure for Q1-2014 at Rs 28.54 crore was 2.92 per cent more than the Rs 27.73 crore for Q1-2013 and almost flat as compared to the expenditure of Rs 28.63 crore for Q4-2013.
A major portion of the expenditure for Sahara One is Purchase of Content. The company paid Rs 21.73 crore in Q1-2014 for Purchase of Content, 16.23 per cent lower than the Rs 25.94 crore for Q1-2013 and 18.1 per cent lower than the Rs 26.53 crore for Q4-2014.
Two segments bring in the revenue for Sahara One – Television and Movie Production.
Revenue from Television for Q1-2014 at Rs 28.26 crore was 5.7 per cent lower than the Rs 29.97 crore for Q1-2013, but 3.6 per cent higher than the Rs 27.27 crore for Q4-2013. The segment result for Television at Rs 2.49 crore was less than half (45.52 per cent) of the Rs 5.47 crore for Q1-2013, but more than two and a half times the Rs 0.96 crore for Q4-2013.
Motion pictures segment had revenue of just Rs 0.013 crore for Q1-2014 as compared to the Rs 1.53 crore for Q1-2013. The segment reported no revenue for Q4-2013. Motion pictures segment reported a loss of Rs (-0.16) crore which was more than six times less than the Rs (-1.01) crore for Q1-2013 and 58.74 per cent of the Rs (-0.27) crore for Q4-2013.
Capital employed in Q1-2014 by the Television segment at Rs 57.95 crore was 55.56 per cent more than the Rs 37.25 crore in Q1-2013 and 18.76 per cent more than the Rs 48.79 crore for Q1-2013.
Capital employed by the Motion pictures segment in Q1-2014 at Rs 86.17 crore was 6.12 per cent more than the Rs 81.20 crore for Q1-2013 and flat as compared to the Rs 86.09 crore for Q4-2013.
Unallocated capital employed at Rs 149.77 crore was substantially lower (11.91 per cent) than the Rs 170.71 crore for Q1-2013 and 6.84 per cent lower than the Rs 159.79 crore for Q4-2013.
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.
