Financials
Viacom net profit up 2.6 per cent in FY-2014
BENGALURU: Viacom Inc., (Viacom) reported 2.6 per cent rise in net profit to US$ 2376 million for FY-2014 (year ended 30 September 2014) from US$ 2316 million in FY-2013. Revenue in FY-2014 at US$ 13783 million was almost flat as compared to the US$ 13794 million in FY-2013.
For Q4-2014 (quarter ended 30 September 2014, current quarter), Viacom reported a 1.4 per cent drop in profit to US$ 729 million from US$ 739 million in the corresponding quarter of last fiscal. Revenue in Q4-2014 at US$ 3991 million was 9.3 per cent more than the US$ 3652 million in Q4-2013.
Viacom executive chairman Sumner M. Redstone said, “As we conclude another fiscal year, Viacom remains well-positioned as a creative leader with many of the world’s most innovative media properties and best entertainment brands.”
Viacom president and CEO Philippe Dauman said, “Viacom’s record financial results in 2014 demonstrate the strength of our brands and continuing momentum for our strategy of investing in creativity, with a relentless focus on growing demographic and geographic markets and embracing new distribution platforms. Our Media Networks achieved continued growth in the fourth quarter and the fiscal year. Viacom’s affiliate distribution business remains a reliable engine for high-margin revenue expansion and provides significant opportunities to build new consumer experiences with long term distributors and emerging technology partners alike. Despite ratings challenges and uncertainty in the scatter advertising market at the close of the year, Viacom’s advertising revenues grew in fiscal 2014, as our creative and marketing teams rolled out innovative new offerings. We also continue to take the lead in defining the next generation of measurement tools that will more fully capture the growing multiplatform engagement of our audiences. Our September acquisition of Channel 5 has already made a positive impact on our business, and points the way to further significant long-term growth of our international business. Paramount delivered the top movie of 2014 and the largest-ever theatrical release in China – Transformers: Age of Extinction – and the studio successfully launched another long-term franchise with the Teenage Mutant Ninja Turtles.”
“This performance allowed us to continue the strong delivery of value directly to investors. Over the past five years, Viacom has returned US$ 16.1 billion to shareholders,” concluded Dauman.
Two main segments – Media Networks and Filmed Entertainment contribute to Viacom’s figures.
Media Networks
Media Networks in Q4-2014 reported 8.3 per cent higher revenue at US$ 2664 million as compared to the US$ 2460 million in Q4-2014. The segment also reported a 5.3 per cent revenue increase in FY-2014 to US$ 10171 million from US$ 9656 million in FY-2013.
Operating income for Media Networks grew 5 per cent to US$ 1087 million in Q4-2014 from US$ 1035 million and increased 4 per cent to US$ 4271 million in FY-2014 from US$ 4096 million in FY-2013.
The company says that Media Networks segment increased reflecting a 10 per cent increase in affiliate fees and a 2 per cent gain in advertising revenues driven by higher international advertising revenues.
Filmed Entertainment
Though Filmed Entertainment segment reported a 12.3 per cent increase in revenue in Q4-2014 to US$ 1357 million from US$ 1208 million in Q2-2013, for FY-2014, revenue dropped 13 per cent to US$ 3725 million from US$ 4282 million in FY-2014.
Operating Income from Filmed Entertainment fell 27 per cent to US$ 213 million in Q4-2014 from US$ 291 million in Q4-2013. Operating Income in FY-2014 fell 12 per cent to US$ 205 million from US$ 234 million in FY-2013.
Strong results from the current quarter releases and the carryover performance of Transformers: Age of Extinction drove Theatrical revenues up 226 per cent to US$ 557 million. Home entertainment revenues declined 38 per cent, reflecting two fewer releases in the current quarter while in FY-2014, Filmed Entertainment revenues decreased principally due to lower revenues across the distribution windows reflecting the number and mix of films 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.
