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UTV Software 4Q FY2008 performance as compared to 4Q FY2007. It’s consolidated operating revenues was at Rs 1,870 million, which was up by 363%. Its net profit was by Rs 271 million, up by 140%.
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The segmental revenue contribution, out of which major coming through Television– 23%, Movies– 55%, and Gaming/ Interactive– 22%.
The Company reported a growth in operating revenue of 150% year on year from Rs 1,749 million to Rs 4,375 million, Operating Profit of 1,403% from Rs 40 million to Rs 601 million and growth in PAT of 63% Rs 470 million to 768 million
In broadcasting venture, company are in an organic start up mode where we have recently launched a bouquet of four channels i.e. Bindass, Bindass Movies, UTV Movies and World Movies.Company having editorial agreement with Business Standard.
Disney invests Rs 1,190 million (USD 30 million) for 15% stake in UTV. Global Broadcasting Limited, at an enterprise value of Rs 7,930 million (USD 200 million)
Going forward company is expecting an margin of 30% in television, 25% in Movies and 15% to 20% in interactive segment.
Guidance for FY09 consolidated top line growth of 80% to 90% including all division.
And on PAT basis growth expected at 35% to 40% excluding broadcasting (YoY)
For more details listen to concall……..
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