AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2004
|
(Rs. In
Million) |
|
New Delhi Television Limited |
Consolidated |
| |
(A) |
(B) |
(C) |
(D) |
(E) |
(F) |
(G) |
|
Sl No |
Particulars |
9 months Ended Dec-03 (Audited) |
Quarter Ended Mar-04 (Un-Audited ) |
Quarter Ended Mar-03 (Un- Audited ) |
Year Ended Mar-04 (Audited) |
Year Ended
Mar-03
(Audited ) |
Year Ended Mar-04 (Audited ) |
Year Ended Mar-03 (Audited ) |
|
1 |
Income from Operations |
337.50 |
235.50 |
258.66 |
573.00 |
1,030.28 |
689.82 |
1,084.51 |
|
2 |
Other Income |
3.94 |
4.33 |
1.07 |
8.27 |
24.49 |
22.71 |
54.41 |
|
3 |
Total Income |
341.44 |
239.83 |
259.68 |
581.27 |
1,054.77 |
712.53 |
1,138.92 |
|
4 |
a. Production Cost |
189.73 |
63.03 |
55.80 |
252.76 |
168.86 |
280.03 |
208.28 |
| |
b.Employee Cost |
298.81 |
89.91 |
67.34 |
388.72 |
356.95 |
437.06 |
376.74 |
| |
c.Marketing , Distribution & Promotional Costs |
74.68 |
22.73 |
- |
97.41 |
- |
97.45 |
- |
| |
d.Operating & Administrative Expenses |
152.37 |
46.63 |
44.08 |
199.00 |
169.68 |
223.24 |
169.75 |
| |
Total Expenditure |
715.59 |
222.30 |
167.22 |
937.89 |
695.49 |
1,037.78 |
754.77 |
|
5 |
Profit/(Loss) before Interest |
(374.15) |
17.53 |
92.46 |
(356.62) |
359.28 |
(325.25) |
384.15 |
|
6 |
Interest and Financial Charges |
12.20 |
15.75 |
0.00 |
27.95 |
0.75 |
11.64 |
0.75 |
|
7 |
Depreciation |
68.04 |
24.92 |
22.16 |
92.96 |
101.94 |
117.42 |
104.44 |
|
8 |
Profit/(Loss) before Tax |
(454.39)
|
(23.14) |
70.30 |
(477.53) |
256.59 |
(454.31) |
278.96 |
|
9 |
Provision for Tax |
9.76 |
2.97 |
15.51 |
12.73 |
48.62 |
34.26 |
56.61 |
|
10 |
Pre-operative expenses written off |
- |
- |
- |
- |
- |
- |
42.27 |
|
11 |
Profit/(Loss) before minority interest after Tax |
(464.15) |
(26.11) |
54.79 |
(490.26) |
207.97 |
(488.57) |
180.08 |
|
12 |
Share of Minority Interest |
- |
- |
- |
- |
- |
1.92 |
- |
|
13 |
Net Profit/(Loss) before Extar-ordinary items |
(464.15) |
(26.11) |
54.79 |
(490.26) |
207.97 |
(490.49) |
180.08 |
|
14 |
Extra-ordinary items |
9.62 |
- |
- |
9.62 |
- |
9.62 |
(1.31) |
|
15 |
Net Profit/(Loss) |
(473.77) |
(26.11) |
54.79 |
(499.88) |
207.97 |
(500.11) |
181.39 |
|
16 |
Dividend( including dividend tax) |
- |
- |
- |
- |
- |
- |
83.52 |
|
17 |
Pre Acquisition Loss of NDTV World |
- |
- |
- |
- |
- |
(3.92) |
- |
|
18 |
Net Profit / (Loss) Carried to Reserves & Surplus |
(473.77) |
(26.11) |
54.79 |
(499.88) |
207.97 |
(496.19) |
97.87 |
|
19 |
Paid -up equity share capital (Face value Rs 4/- per share) |
204.57 |
204.57 |
168.26 |
204.57 |
168.26 |
204.57 |
168.26 |
|
20 |
Basic & diluted earnings per share(of Rs.4/-each) |
(10.01) |
(0.51) |
1.30 |
(10.23) |
1.24 |
(10.51) |
5.28 |
|
21 |
Aggregate of Non- Promoter Shareholding: No. of equity shares of Rs 4/- each |
17,835,540 |
17,835,540 |
8,758,012 |
17,835,540 |
8,758,012 |
17,835,540 |
8,758,012 |
| |
Percentage of Shareholding |
34.88% |
34.88% |
20.82% |
34.88% |
20.82% |
34.88% |
20.82% |
|
Notes: |
|
1 |
The Company has achieved a cash break even for the quarter ended March 31, 2004 |
|
2 |
The Audited Results have been reviewed by the Audit committee and approved by the Board at their respective meetings held on 21st June,2004. |
|
3 |
Provision for Tax is inclusive of Deferred Tax computed in accordance with of AS-22 issued by ICAI, however the Tax expense for the year includes deferred tax expenses of Rs. 12.73 million [ Previous year Income of Rs. 4.08 million ] |
|
4 |
Current Tax Expense for the quarter has been accrued by using effective weighted average income tax rates on the estimated profits for the full financial year. |
|
5 |
Previous year / period figures have been regrouped / recasted where ever considered necessary |
|
6 |
The Shareholders in the Extra -ordinary General meeting held on January 29,2004 have approved the following: |
| |
a) Subdivision of equity shares of face value of Rs. 10 each into equity share of face value of Rs. 4 each |
| |
b)Increase in the Authorised Share Capital from 250 million to Rs 275 million |
|
7 |
The Company had issued 1,55,71,429 fresh equity share of Rs 4/-each at an issue price of Rs. 70/- each in its intial public offering (Listed on May 19,2004) |
|
8 |
Income from Operations includes net barter income of Rs. 37.32 mn(Rs. 85.71 mn of Barter income less Rs. 48.39 mn of Barter expenses) for year ended Mar 31, '04& Rs. 19.02 mn (Rs. 37.51 mn of Barter income less 18.5 mn of Barter expenses) for quarter ended March 31,2004 |
| |
|
Place: New Delhi |
|
