BENGALURU: The Tapas Chakravarti led DQ Entertainment (International) Limited (DQEIL) reported consolidated loss of Rs 12.65 crore in the quarter ended 30 June, 2015 (Q1-2016) as compared to a loss of Rs 12.06 crore in Q1-2015 and a loss of Rs 26.33 crore in the immediate trailing quarter.

The loss in the current quarter would have been higher but for a foreign exchange (forex) gain of Rs 6.8 crore as compared to a forex loss Rs 0.39 crore in Q1-2015 and a forex gain of Rs 3.95 crore in Q4-2015.

Note: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore

(2) All numbers are consolidated unless stated otherwise.

Segment Performance

The company’s distribution segment reported an operating loss of Rs 6.51 crore on operating revenue of Rs 1.80 crore in Q1-2016 as compared to the operating loss of Rs 1.19 crore on operating revenue of Rs 10.71 crore in Q1-2015 and an operating loss of Rs 12.53 crore on operating revenue of Rs 5.94 crore in Q4-2015.

The company’s Animation segment reported an operating profit of Rs 2.08 crore in Q1-2016 from operating revenue of Rs 23.93 crore as compared to the operating loss of Rs 1.07 crore from operating revenue of Rs 9.93 crore in Q1-2015 and an operating profit of Rs 33.88 crore from operating revenue of Rs 69.87 crore in the immediate trailing quarter.

Let us look at the other numbers reported by DQEIL

DQEIL reported 24.6 per cent increase in total income from operations (TIO) in Q1-2016 to Rs 25.73 crore as compared to the Rs 20.64 crore in Q1-2015. TIO in the current quarter was a little more than a third (33.9 per cent) of the TIO of Rs 75.81 crore in Q4-2015.

Total Expenditure in Q1-2016 increased 6.8 per cent to Rs 29.62 crore as compared to the Rs 27.72 crore in Q1-2015, but declined 65.3 per cent as compared to the Rs 85.3 crore in Q4-2015.

The company’s finance expense in Q1-2016 was almost double (increased 93 per cent) at Rs 14.56 crore as compared to the Rs 7.55 crore in Q1-2015 but dropped 13.2 per cent as compared to the Rs 16.78 crore in Q4-2015.

DQEIL Production expense (PE) in Q1-2016 increased 74.4 per cent to Rs 3.75 crore as compared to the Rs 2.15 crore in Q1-2015 and declined 77.6 per cent as compared to the Rs 16.75 crore in Q4-2015.

The company’s Employee Expenses (EBE) in Q1-2016 at Rs 13.30 crore declined 20 per cent as compared to the Rs 16.64 crore in Q1-2015 and was 2.1 per cent lower than the Rs 13.59 crore (in Q4-2015.