Financials
Q3-2015: NDTV y-o-y revenue up 18%; company reports profit
BENGALURU: New Delhi Television Limited (NDTV) reported 17.9 per cent y-o-y growth in consolidated Total Income from Operations (TIO, revenue) to Rs 149.93 crore in the current quarter (quarter ended 31 December, 2014, Q3-2015) as compared to the Rs 127.21 crore in Q3-2014 and 26.4 per cent more than the Rs 110.38 crore in Q2-2015. TIO for 9M-2015 at Rs 407.73 crore was 21.4 per cent more than the Rs 335.79 crore in 9M-2014.
Note: 100,00,000 = 100 lakh = 10 million = 1 crore
The company reported consolidated profit after tax (PAT) of Rs 1.56 crore in the current quarter as compared to a consolidated loss of Rs 10.43 crore in Q3-2014 and a consolidated loss of Rs 26.89 crore in Q2-2015. Loss in 9M-2015 at Rs 26.82 crore was lower than the Rs 49.75 crore in 9M-2014.
Let us look at the other results reported by NDTV
The company says that NDTV and allied business unit revenue went up to Rs 134 crore in Q3-2015 from Rs 122 crore in the year ago quarter. This segment’s EBIDTA doubled to Rs 18 crore in the current quarter from Rs 9 crore in Q3-2014. This business unit reported PAT of Rs 7 crore as compared to a loss of Rs 3 crore in Q3-2014.
NDTV’s Convergence business unit reported revenue of Rs 30 crore in Q3-2014 as compared to revenue of Rs 19 crore in Q3-2014. This segments EBIDTA reduced to Rs 2 crore in Q3-2015 from Rs 6 crore in Q3-2014.
The company’s Total Expenditure (TE) in Q3-2015 at Rs 145.94 crore was 9.8 per cent more than the Rs 132.95 crore in Q3-2014 and 10.2 per cent more than the Rs 132.43 crore in Q2-2015. 9M-2015 TE at Rs 426.54 crore was 8.7 per cent more than the Rs 392.3 crore in 9M-2014.
Q3-2015 Production expense went up 24.8 per cent to Rs 28.63 crores as compared to the Rs 22.93 crore in the year ago quarter and was 32.3 per cent more than the Rs 21.64 crore in the immediate trailing quarter. Production expense increased 24.7 per cent to Rs 86.93 crore in 9M-2015 as compared to the Rs 69.74 crore in 9M-2014.
Marketing, distribution and promotional expense (marketing expense) went up 17.7 per cent in Q3-2015 to Rs 30.91 crore as compared to the Rs 26.27 crore in Q3-2015 and was 23.8 per cent higher than the Rs 24.96 crore in Q2-2015. For 9M-2015, the company spent 11.4 per cent more at Rs 81.64 crore towards marketing than Rs 73.27 crore in 9M-2014.
Employee Cost (EBE) in Q3-2015 was 6.8 per cent higher at Rs 46.24 crore than the Rs 43.29 crore in Q3-2014 and was 1.3 per cent more than the Rs 45.65 crore in Q2-2015. EBE in 9M-2015 at Rs 137.75 crore was 3.5 per cent more than the Rs 133.14 crore in 9M-2014.
The company’s operating and administrative expense (O&E) in Q3-2015 at Rs 27.73 crore was 14.6 per cent lower than the Rs 32.48 crore in Q3-2014 and 14.4 per cent lower than the Rs 32.41 crore in Q2-2015. 9M-2105 O&E at Rs 94.59 crore was 3.8 per cent lower than the Rs 90.95 crore in 9M-2014.
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.
