| AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR
ENDED MARCH 31, 2006 |
(Rs. in
Million except per share data) |
| |
|
Consolidated |
Standalone |
| |
|
(A) |
(B) |
(C) |
(D) |
(E) |
(F) |
(G) |
(H) |
(I) |
(J) |
| Sl No |
Particulars |
Nine months Ended December 31-05 |
Three months Ended March 31-06 |
Three months Ended March 31-05 |
Audited Year Ended Mar 31 -06 |
Audited Year Ended Mar 31 -05 |
Nine months Ended December 31-05 |
Three months Ended March 31-06 |
Three months Ended March 31-05 |
Audited Year Ended Mar 31 -06 |
Audited Year Ended Mar 31 -05 |
| 1 |
Income from Operations |
1510.50 |
699.48 |
488.61 |
2209.98 |
1761.23 |
1387.29 |
525.65 |
423.24 |
1912.94 |
1528.70 |
| 2 |
Other Income |
24.09 |
4.91 |
8.41 |
29.00 |
37.30 |
23.80 |
4.74 |
8.35 |
28.54 |
37.24 |
| 3 |
Total Income |
1534.59 |
704.39 |
497.02 |
2238.98 |
1798.53 |
1411.09 |
530.39 |
431.59 |
1941.48 |
1565.94 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
a.Production Expenses |
262.32 |
114.74 |
85.77 |
377.06 |
308.63 |
262.99 |
114.97 |
80.84 |
377.96 |
304.37 |
| |
b.Personnel Expenses |
580.53 |
220.82 |
136.32 |
801.35 |
531.13 |
500.39 |
183.00 |
111.57 |
683.39 |
446.26 |
| |
c.Marketing, Distribution & Promotional Expenses |
155.39 |
75.68 |
37.39 |
231.07 |
105.01 |
155.39 |
75.68 |
37.39 |
231.07 |
105.01 |
| |
d.Operating & Administrative Expenses |
261.87 |
113.61 |
80.90 |
375.48 |
289.65 |
228.49 |
91.64 |
73.16 |
320.13 |
264.42 |
| 4 |
Total Expenditure |
1260.11 |
524.85 |
340.38 |
1784.96 |
1234.42 |
1147.26 |
465.29 |
302.96 |
1612.55 |
1120.06 |
| |
|
|
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|
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|
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|
|
| 5 |
Profit/(Loss) before Interest, Depreciation & Tax |
274.48 |
179.54 |
156.64 |
454.02 |
564.11 |
263.83 |
65.10 |
128.63 |
328.93 |
445.88 |
| |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Interest |
|
|
(0.06) |
|
5.63 |
|
|
(0.06) |
|
5.63 |
| 7 |
Depreciation |
112.44 |
41.59 |
37.58 |
154.03 |
129.26 |
109.30 |
40.17 |
36.73 |
149.47 |
126.16 |
| |
|
|
|
|
|
|
|
|
|
|
|
| 8 |
Operating Profit/(Loss) |
162.04 |
137.95 |
119.12 |
299.99 |
429.22 |
154.53 |
24.93 |
91.96 |
179.46 |
314.09 |
| 9 |
Cost of stock options |
189.18 |
89.59 |
|
278.77 |
|
189.18 |
72.43 |
|
261.61 |
|
| 10 |
Tax Expense |
|
|
|
|
|
|
|
|
|
|
| |
- Current |
9.94 |
31.35 |
16.94 |
41.29 |
58.07 |
7.54 |
(7.54) |
6.84 |
|
15.84 |
| |
- Deferred |
(11.25) |
(26.57) |
(0.80) |
(37.82) |
6.48 |
(11.20) |
(26.54) |
(0.97) |
(37.74) |
6.37 |
| |
- Fringe Benefit Tax |
13.54 |
7.64 |
|
21.18 |
|
11.83 |
6.25 |
|
18.08 |
|
| |
- Tax Expense of earlier years |
|
|
|
|
|
|
|
|
|
|
| 11 |
Profit/(Loss) after Tax before minority interest |
(39.37) |
35.94 |
102.98 |
(3.43) |
364.67 |
(42.82) |
(19.67) |
86.09 |
(62.49) |
291.88 |
| 12 |
Profit/(Loss) after Tax before ESOP & Minority Interest |
149.81 |
125.53 |
102.98 |
275.34 |
364.67 |
146.36 |
52.76 |
86.09 |
199.12 |
291.88 |
| 13 |
Share of Minority Interest |
0.46 |
15.81 |
2.51 |
16.27 |
10.85 |
|
|
|
|
|
| 15 |
Dividend ( including dividend tax) |
|
|
|
|
|
|
|
|
|
|
| 14 |
Net Profit/(Loss) carried to Reserves & Surplus |
(39.83) |
20.13 |
100.47 |
(19.70) |
353.82 |
(42.82) |
(19.67) |
86.09 |
(62.49) |
291.88 |
| |
|
|
|
|
|
|
|
|
|
|
|
| 15 |
Paid -up Equity Share Capital |
243.21 |
243.21 |
243.21 |
243.21 |
243.21 |
243.21 |
243.21 |
243.21 |
243.21 |
243.21 |
| |
(Face value Rs 4/- per share) |
|
|
|
|
|
|
|
|
|
|
| 16 |
Reserves (Excluding Revaluation Reserve) |
|
|
|
466.92 |
542.08 |
|
|
|
353.60 |
471.55 |
| 17 |
Earnings Per Share (of Rs.4/-each) |
|
|
|
|
|
|
|
|
|
|
| |
- Basic & Diluted EPS (Before ESOP cost) |
2.46 |
1.80 |
1.65 |
4.26 |
5.98 |
2.41 |
0.87 |
1.42 |
3.27 |
4.93 |
| |
- Basic & Diluted EPS (After ESOP cost) |
(0.66) |
0.33 |
1.65 |
(0.32) |
5.98 |
(0.70) |
(0.32) |
1.42 |
(1.03) |
4.93 |
| 18 |
Dividend per share (face value of Rs.4 per share) |
|
|
|
|
|
|
|
|
|
|
| |
Final Dividend (Rs. per share) |
|
|
|
|
|
|
|
|
0.80 |
0.80 |
| |
Dividend percentage |
|
|
|
|
|
|
|
|
20% |
20% |
| 19 |
Aggregate of Non Promoter Shareholding |
|
|
|
|
|
|
|
|
|
|
| |
- No. of equity shares of Rs 4/- each |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
27,496,032 |
| |
- percentage of Shareholding |
45.22% |
45.22% |
45.22% |
45.22% |
45.22% |
45.22% |
45.22% |
45.22% |
45.22% |
45.22% |
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| Notes : |
| 1. The Company and Genpact (formerly GE Capital International Services) have formed an alliance to offer media outsourcing services to enterprises
worldwide. Under the Agreement between the Company and Genpact, the Alliance will focus on providing cost effective, high quality media services to global
and regional media and entertainment companies in areas like editing, digitization and closed captioning. |
| 2. The Company operates in a single segment of televison media and accordingly, there is no separate reportable segment. |
| 3. Income from Operations include Barter Income-net of Rs. 7.13 million (Rs. 34.55 million of Income less Rs. 27.42 million of expenses) for the quarter
ended March 31, 2006. |
| 4. As per the terms of Clause 41 of the Listing Agreement, given below is the information on investor complaints for the quarter ended March 31, 2006: |
| Pending at the beginning of the quarter |
Received during the quarter |
Disposed of during the quarter |
| Nil |
5.00 |
5.00 |
|
| 5. NDTV Media Limited has granted 47,000 employee stock options to its employees at face value of Rs 10 each which were vested and exercised in the current quarter.
This resulted in the dilution of Company's shareholding from 85% to 81.18% . |
| 6. Consolidated results include the results of 100% subsidiary NDTV News Limited and 81.18% subsidiary NDTV Media Limited. |
| 7. The quarterly and the annual financial statements have been taken on record by the Board of Directors in its meeting held on April 17,2006.The financial statements
for the quarter and the year ended on March 31, 2006 are audited.The auditor's report for these periods contain no qualification except for remuneration paid to wholetime directors
which is subject to Central Government approval and/or shareholders' approval as the case may be, due to inadequacy of profits.The Company has made /will make the
necessary applications to the Central Government for approval at the appropriate time. |
| 8. The board proposed a final dividend of Rs. 0.8 per share (face value of Rs. 4 per share) amounting to Rs. 48.64 million subject to the approval of members at Annual General Meeting payable out of the past profits. |
| 9. Previous period figures have been regrouped/recast wherever considered necessary. |
| For and on behalf of Board of Directors |
| Dr. Prannoy Roy |
| Chairman |
| Place: New Delhi |
| Date: 17th April, 2006 |