BENGALURU: Sri Adhikari Brothers Television Network reported a net profit of Rs 3.10 crore for Q3-2013, 40 per cent higher than Rs 2.21 crore a year ago and 36.1 per cent more than Rs 2.28 crore a quarter ago. The company’s 9M-2014 net profit rose 10.6 per cent to Rs 7.21 crore from Rs 6.52 crore a year ago. For FY-2013, the company had reported net profit of Rs 3.50 crore.
The company’s income from operations for Q3-2014 rose 10.4 per cent to Rs 19.13 crore from Rs 17.33 crore in Q3-2013, and was 5.5 per cent more than the Rs 18.13 crore in Q2-2014. For 9M-2014, Sri Adhikari Brothers reported Rs 54.78 crore as income, which was 24.6 per cent more than the Rs 43.96 crore in 9M-2013. For FY 2013, Sri Adhikari Brothers reported Net Sales/Income from Operations at Rs 60.19 crore.
Let us look at the other Q3-2014 numbers reported by Sri Adhikari Brothers:
The company reported Total expense of Rs 15.47 crore in Q3-2014, which was 8 per cent more than the Rs 14.33 crore in Q2-2013 and 0.3 per cent more than the Rs 15.42 crore in Q2-2013. YTD, total expense was Rs 46.17 crore, 30.7 per cent more than Rs 35.32 crore in 9M-2014. For FY 2013, Sri Adhikari Brothers reported Total expense of Rs 53.60 crore.
Sri Adhikari Brothers Production expense was up 16.3 per cent to Rs 11.59 crore in Q3-2014 from Rs 9.97 crore in Q3-2013 and was up 4.8 per cent from Rs 11.07 crore in Q2-2014. During 9M-2014, Sri Adhikari Brothers Production expense was up 49.7 per cent to Rs 33.35 crore from Rs 22.28 crore in 9M-2013. For FY 2013, Production expense was Rs 37.17 crore.
The company paid (19.2) per cent lower finance cost in Q3-2014 at Rs 0.74 crore as compared to the Rs 0.91 crore in Q3-2013, but 66 per cent more than the Rs 0.44 crore in Q2-2014. During the nine month period of the current financial year, Sri Adhikari Brothers paid (46.5) per cent lower finance cost at Rs 1.6 crore as compared to the Rs 3 crore in 9M-2013. For FY 2013, finance cost was Rs 3.39 crore.
Sri Adhikari Brothers Employee cost at Rs 0.37 crore in Q3-2014 was 18.4 per cent less than the Rs 0.45 crore in Q3-2013, but 2.5 per cent more than the Rs 0.36 crore in Q2-2014. YTD, Employee cost at Rs 1.10 crore was 13.2 per cent lower than the Rs 1.26 crore in 9M-2013. For FY 2013, employee cost reported by the company was Rs 1.45 crore.
