Top Story

e4m_logo.png

Home >> Media - TV >> Article

Network18 operating revenues up 14% at Rs 831.9 crore in Q3 FY15

15-January-2015
Font Size   16
Share
Network18 operating revenues up 14% at Rs 831.9 crore in Q3 FY15

Network18 Media & Investments Ltd. operating revenues in Q3FY15 on a consolidated basis increased by 14% year on year (YoY) as it stood at Rs. 831.9 crore as compared with Rs.727.6 crore in Q3FY14. The 9MFY15 also increased by 17% year on year (YoY) and stood at Rs.2,285.1 crore as compared with Rs.1,954.1 crore in 9MFY14.  

The consolidated profit before depreciation, interest and taxes (PBDIT) in Q3FY15 grew by 13% YoY which was Rs.67.1 crore as compared with Rs.59.5 crore in Q3FY14. The consolidated PBDIT for the period 9MFY15 was up by 149% YoY and stood at Rs.97.2 crore as compared with Rs.39 crore in the same period during the corresponding financial year.  

The consolidated Profit Before Tax (PBT) grew by 16% YoY in Q3FY15 and stood at Rs.22.4 crore up from Rs.19.3 crore in Q3FY14. 
 

Tags

Our typical marketing budget is usually 10 per cent of the topline spend

There are some forces impacting the way our business works. The IT/ITeS sector has changed tremendously. Platforms like Twitter have made everyone journalists. Smartphones have made everyone a photographer. The trend that we are seeing is one of hyperdigitalization, which is causing the lines between product and services to blur. For example, <a href=http://www.exchange4media.com/company/news/amaz...

The OOH sector is among the fastest growing, globally. Brands and marketers have realized its potential and impact and begun to craft medium-specific adverts. Self-regulation is not only necessary but also essential to growth of the sector. The industry needs to exercise a certain level of this self-restraint to prove its commitment to maintaining the best standards in advertising.

<b>Clients are looking for experiential solutions beyond radio or print: Abraham Thomas, Radio City 91.1 FM</b><br><br> From entering new markets to launching large format events, Radio City 91.1FM has been on a roll. The radio channel recently announced the launch of India’s biggest singing talent hunt-Radio City Super Singer Season 8. Earlier this year, the channel set up its own creative-cum...

Under the watchful eye of Walt Disney, Bindass undergoes brand repackaging with a fresh new show ‘Dil Buffering’ simulcast across its linear and social media platforms on September 29 and will launch...

Apart from the mandate for the first project which is the Ashiana Town in Bhiwadi, Tomorrow and InterTwined will deliver brand solutions across film, print, radio, outdoor and activation besides provi...

Despite advertising picking up after a slow Q1, regional FM players still feel that the lingering effect of GST, RERA, demonetisation will still make its impact felt during the upcoming festive quarte...