TV18 posts 70% revenue growth; Net profit up 44% (YoY)

Particulars

Jul-Sept 2006-07 Q2

Jul-Sept 2005-06 Q2

Apr-Jun 2006-07 Q1

Revenue from operations (excluding other income)

-News Operations

476.92

295.31

364.52

-Internet and software operations

53.16

17.05

51.54

Total Operating Revenue

530.08

312.36

416.06

Operating expenditure

281.04

139.68

202.30

Operating profit

249.04

172.68

213.76

Operating margin

46.98%

55.28%

51.38%

Net Outflow on Revenue Share with CNBC

(14.11)

(8.68)

(12.57)

Interest/Income from investments

17.92

10.74

19.49

Interest Expense

(48.38)

(22.25)

(39.74)

Interest (Net)

(30.47)

(11.51)

(20.25)

Depreciation

(38.42)

(31.99)

(34.79)

Extra ordinary charges

0.00

0.00

0.00

Pre-tax profits

166.04

120.50

146.15

Provision for Current Tax/FBT

4.52

6.75

2.03

Profits after tax

(before minority interest and ESOP charge out)

161.52

113.75

144.12

Minority Interest

1.07

2.20

5.92

Profits after tax and minority interest

(before ESOP charge out)

160.45

111.55

138.20

ESOP charge out

24.71

11.61

17.03

Profits after tax and  ESOP charge out

135.74

99.94

121.17

Exchange Fluctations

(0.08)

(0.18)

3.48

Profits after exchange flucations

135.82

100.12

117.69

Provision for Deferred tax

0.00

0.00

0.00

Net Profit after Deferred Tax

135.82

100.12

117.69

Paid up equity share capital

210.43

210.30

210.43

EPS (Rs.) before ESOP charge out

7.63

5.30

6.57

EPS (Rs.) after ESOP charge out

6.45

4.75

5.59