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Vodafone Sees Healthy Mobile Data Income, But Devalues Indian Business

May 18, 2010 11:10 AM

Smartphone handsets fueled the money Vodafone (NYSE: VOD) makes from internet data to £4 billion ( billion) during its 2009/10 fiscal year - nearly a fifth more than in the previous year. Across that year, group profit rebounded 180 percent to £8.6 billion ( billion), recovering from last year’s £5.9…

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Posted In: Mobile, Money, Earnings, Companies, Vodafone

Earnings
Rediff Losses Widen Even As It Invests In ‘Improving Customer Experience’

Nov 6, 2009 10:14 AM

Nasdaq-listed Rediff.com (NSDQ: REDF) India Ltd today said net loss for the quarter ended 30 September widened by 84% to $2.61 million, from $0.41 million during the corresponding quarter last fiscal.  Total revenues dropped 43% year-on-year to $4.19 million. Revenues from India Online dropped 45% y-o-y to $3.08 million. 2Q…

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Posted In: Money, Earnings, Companies, Rediff

Earnings
Deccan Chronicle Q2 Net Profit Up 120% At Rs99.9 Cr; Revenues Up 11%

Oct 30, 2009 6:16 AM

Deccan Chronicle Holdings Ltd, publisher of dailies such as Deccan Chronicle, The Asian Age and Financial Chronicle, posted a net profit of Rs99.9 crore for the three months ended 30 September, up 120% year-on-year. Revenues grew 10.78% y-o-y to Rs250.85 crore. The company made significant reduction in costs, especially in…

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Posted In: Money, Earnings, Countries, Asia, India

Earnings
PVR Ltd Q2 Net Profit Up 10% At Rs5.21 Cr; Revenues Down 3.4% Y-O-Y

Oct 29, 2009 8:34 AM

Multiplex chain PVR Ltd today said net profit for the three months ended 30 September was Rs5.21 crore, up 10.3% from the year-ago period. The growth in PAT came from cost control as total expenditure was 4.14% lower year-on-year at Rs70.15 crore. Total revenues fell 3.4% y-o-y at Rs80.13 crore.…

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Posted In: Money, Earnings

Earnings
NDTV Narrows Losses With Cost Control; Revenues Down 6%

Oct 28, 2009 8:49 AM

Broadcaster NDTV Ltd today posted a standalone net loss of Rs11.85 crore for the three months ended 30 September, down 9.12% year-on-year. Total revenue fell 6.16% y-o-y to Rs69.35 crore. Total expenditure was lower by 13.18% at Rs78.15 crore. Subscription revenue grew 23% y-o-y, the company said in a statement.…

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Posted In: Money, Earnings, Companies, NDTV

Earnings
Sun TV Net Up 21% On Strong Ad Sales Growth

Oct 28, 2009 4:58 AM

Chennai-headquartered Sun TV Network Ltd today said net profit for the quarter ended 30 September was at Rs130.56 crore, up 21% year-on-year. Revenues grew 35% y-o-y to Rs320.39 crore. For the half year ended 30 September, net profit rose 18.74% to Rs250.36 crore. The company operates 20 television channels in…

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Posted In: Media & Publishing, TV, Money, Earnings

Earnings
Dish TV Losses Down 63% Y-O-Y On Strong Sales Growth

Oct 27, 2009 11:38 AM

Direct-to-home service provider Dish TV today posted a net loss of Rs56.13 crore for three months ended 30 September, down 63% year-on-year on a nearly 50% growth in sales. Revenues for the first half of the fiscal were at Rs504.18 crore, up 49% y-o-y. During the quarter under review, the…

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Posted In: Money, Earnings, Countries, Asia, India

Earnings
Jagran Prakashan Net Up 120%; Ad Revenues Up 20%

Oct 27, 2009 6:11 AM

Publisher Jagran Prakashan Ltd posted net profit of Rs50.27 crore for the quarter ended 30 September, up 120% from the year-ago period on strong growth in ad revenues. While ad revenues were up 19.45% year-on-year at Rs171.6 crore, subscription revenues grew 15.06% y-o-y to Rs54.28 crore. Revenues from out-of-home and…

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Posted In: Money, Earnings, Companies, Jagran

Earnings
TV Today Net Up 40% On Cost Control; Revenue Down 3.5% Y-O-Y

Oct 26, 2009 10:54 AM

Broadcaster TV Today Network Ltd today said net profit for the three months ended 30 September was Rs10.61 crore, up 40.15% year-on-year. Total sales were lower by 3.51% y-o-y at Rs64.54 crore. The company, which broadcasts channels such as AajTak and Headlines Today, reported total expenditure of Rs56.11 crore, down…

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Posted In: Money, Earnings, Companies, India Today, Countries, Asia, India

Earnings
HT Media Net Up 92%; Cost Control Is Working, Says CEO Rajiv Verma

Oct 26, 2009 6:32 AM

Publisher HT Media Ltd today said net profit for the quarter ended 30 September was Rs31.41 crore, up 92% year-on-year from 16.28 crore. While the uptick when compared with the depressed sales of the year-ago period is not surprising, net profit for the quarter under review is only marginally (1%)…

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Posted In: Money, Earnings, Companies, Hindustan Times Media, Mint

Earnings
Zee Entertainment Net Down 38% On Lower Ad Revenue

Oct 23, 2009 10:36 AM

Zee Entertainment Enterprises Ltd today posted Q2 net profit of Rs110.95 crore, down 37.72% year-on-year. Total sales was down 5.44% to Rs540.48 crore. Ad revenues declined 11% y-o-y to Rs247.6 crore, while subscription revenue grew 8% to Rs243.47 crore. The company posted lower revenues on all three segments of its…

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Posted In: Money, Earnings, Companies, Zee

Earnings
DNA Posted Losses Of Rs150 Crore In 2007-08; 25% More Than First Year Of Operations

Aug 17, 2009 2:44 AM

Diligent Media Corp. Ltd (DMCL), the Mumbai-based publisher of Daily News and Analysis, or DNA, posted losses of Rs150 crore for the fiscal ended 31 March 2008. This information about the privately held firm is from a recent Sebi filing made by DB Corp. Ltd, whose promoters and promoter group…

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Posted In: Media & Publishing, Newspapers, Money, Earnings, Countries, Asia, India

Earnings
TV Today Q1 Net Up 81%; Board Approves Merger Of Radio Business

Jul 30, 2009 11:24 AM

TV Today Network Ltd, broadcaster of news channels such as Aaj Tak and Headlines Today, today posted a net profit of Rs16.64 crore for the quarter ended 30 June, up 81% year-on-year. Total revenue rose 10.7% to Rs71 crore. The company achieved a 15% reduction in marketing and distribution expenses,…

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Posted In: Money, Earnings, Companies, India Today

Earnings
UTV Software Posts Q1 Net Loss Of Rs23.33 crore; To Consider Stake Sale In UTVi, Says Screwvala

Jul 30, 2009 8:49 AM

UTV Software Communications Ltd, a diversified media company with interests in broadcasting, TV software, films, new media and gaming, today posted a net loss of Rs23.33 crore for the quarter ended 30 June, swinging from a profit of Rs19.88 crore for the year-ago period. UTV promoter Ronnie Screwvala told Reuters…

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Posted In: Money, Earnings, Companies, UTV

Earnings
Earnings: Zee News Net Profit Up 27.8% On Strong Advertising Growth

Jul 23, 2009 8:55 AM

Zee News Ltd today said net profit for the quarter ended 30 June grew 27.8% year-on-year to Rs11.91 crore on strong advertising growth. Advertising revenue grew 22.7% from the year ago period to Rs109 crore. Compared with the quarter ended 31 March, net profit grew 35.9%. While total revenues grew…

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Posted In: Money, Earnings, Companies, Zee

Earnings
TV18 Net Down 350%; News Operation In Losses, Web Revenue Grows

Jul 16, 2009 10:12 AM

Television Eighteen India Ltd has posted a consolidated net loss of Rs40.6 crore, more than four times from the net loss of Rs9 crore during the corresponding quarter last fiscal on higher expenditure. Revenues in the flagship news operations fell 24% to Rs56.8 crore. Total expenditure grew 41% to Rs103.5…

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Posted In: Money, Earnings, Companies, Network18, Web18

Earnings
Dish TV Q4 Net Loss Down 31% On Higher Revenues; FY09 Losses Widen By 16%

Jun 18, 2009 7:39 AM

Dish TV India Ltd, India’s largest direct-to-home service provider by subscribers, today said net loss for the quarter ended 31 March was down 31% y-o-y at Rs78.66 crore on higher revenues. Total income grew 51% y-o-y to Rs207.13 crore. For the fiscal ended 31 March, consolidated net loss widened by…

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Posted In: Media & Publishing, TV, Satellite, Money, Earnings

Earnings
Jagran Prakashan Q4 Net Up 40.89% On Ad Sales Growth

Jun 16, 2009 6:25 AM

Publisher Jagran Prakashan Ltd today said net profit for the quarter ended 31 March was up 40.89% year-on-year at Rs21.81 crore on stronger ad sales. Net sales was up 6.59% at Rs197.57 crore. Total income grew 5.92% to Rs201.2 crore, even though it contracted marginally from Q3’s Rs207 crore. JPL…

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Posted In: Money, Earnings, Companies, Jagran

Earnings
Rediff.com Posts Q4 Net Loss Of $8.86 million; New Interface, Investments Update

May 26, 2009 10:22 AM

NASDAQ-listed Rediff.com India Ltd. (NSDQ: REDF) publisher of Rediff.com and US-based India Abroad newspaper, today posted a net loss of $8.86 million (Rs41.89 crore @ Rs47.29/dollar), compared with a profit of $0.90 million during the year ago period on decline in online advertising and depreciation of the Indian rupee vis-a-vis…

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Posted In: Advertising, Money, Earnings, Companies, Rediff

Earnings
HT Media Q4 Net Profit Down 44% On Newsprint, Slowing Ad Revenue Growth

May 18, 2009 7:42 AM

Publisher HT Media today said net profit for the quarter ended 31 March dropped 44% from the year-ago period to Rs23.43 crore on account of higher newsprint prices, adverse currency movement and slowing ad revenue growth. Net sales grew 7% y-o-y to Rs333.82 crore, and total income grew 6% y-o-y…

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Posted In: Advertising, Media & Publishing, Newspapers, Money, Earnings, Companies, Hindustan Times Media, Mint

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