Balaji Telefilms announces Q2 Profit of Rs.28.54 Crores, income at Rs.81.51 Crores

Financial Highlights:

• Income from operations up from Rs 735.39 mn to Rs. 815.13 mn, an increase of 10.84%;
• Operating profit increased from Rs 260.37 mn to Rs 290.09 mn, an increase of up 11.41%;
• Profit before tax up from Rs 254 mn to Rs 285.41mn, an increase of 12.36%.

Operational highlights:


• Realization per hour from commissioned programming increased from Rs 2.24 mn to Rs. 2.57 mn, an increase of 14.73%;
• ‘Karam Apnaa Apnaa’ and ‘Thodi si Zameen Thoda sa Aasmaa’ launched during the quarter;
• Maintained production of 297.5 hours of Commissioned programmes during the quarter;
• Invested Rs.24.96 mn in production & post-production equipments and studios;
• Balaji’s programming dominate 18 of the top 25 programmes in Hindi Cable & Satellite Channels (Source:Tam Ratings for the week ended September 30, 2006, MF 4+, C & S);
• Cash and Cash Equivalents of Rs. 1763.20 mn as on September 30, 2006.

Revenues:

The Company recorded income from operations of Rs. 815.13 mn during the quarter, up 16.22% y-on-y. Revenue contribution from commissioned programming was Rs.765.30 mn, up 26.21% y-on-y while that of sponsored programming was Rs.49.82 mn. The share of commissioned programming in the revenues during the quarter was 93.89% while that of sponsored programming was 6.11%.

Source : Equity Bulls

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