BENGALURU: Radaan Media Works India Limited (Radaan) reported a 3.3 per cent YoY increase for its Total Income for Operations (TIO) in the quarter ended 30 September, 2015 (Q2-2016, current quarter) at Rs 822.63 lakh as compared to Rs 796.08 lakh. QoQ, TIO increased 4.2 per cent from Rs 789.58 lakh.

Note: 100,00,000 = 100 lakh = 10 million = 1 crore

The numbers in this report are mentioned in Rs Lakh.

The company’s operating profit (EBIDTA) in the current quarter increased 18.7 per cent YoY to Rs 74.3 lakh (nine per cent margin) from Rs 62.59 lakh (7.9 per cent margin) and increased 7.9 per cent QoQ from Rs 68.85 lakh (8.7 per cent margin).

Profit after Tax (TAX) in Q2-2016 increased 35.1 per cent YoY to Rs 27.61 lakh (3.4 per cent margin) from Rs 20.44 lakh (2.6 per cent margin) and increased 27.1 per cent QoQ from Rs 21.72 lakh (2.8 per cent margin).

Total Expenditure in the current quarter increased 1.8 per cent to Rs 764.29 lakh (92.9 per cent of TIO) as compared to the Rs 750.64 lakh (94.3 per cent of TIO) in Q2-2015 and was 3.7 per cent more than the Rs 737.29 lakh (93.4 per cent of TIO) in Q1-2016.

Radaan’s expenses of tele-serials, events, etc in Q2-2016 increased 4.7 per cent to Rs 645.21 lakh (78.4 per cent of TIO) as compared to the Rs 616.20 lakh (77.4 per cent of TIO) in the corresponding year ago quarter and was 1.9 per cent more than the Rs 633.32 lakh (80.2 per cent of TIO).

Employee Benefits Expense in the current quarter declined 2.7 per cent YoY to Rs 56.81 lakh (6.9 per cent of TIO) from Rs 58.38 lakh (7.3 per cent of TIO), but increased 9.3 per cent QoQ from Rs 51.96 lakh (6.6 per cent of TIO).

Finance costs in theQ2-2016 increased 22.9 per cent to Rs 30.73 lakh (3.7 per cent of TIO) from Rs 25 lakh (3.1 per cent of TIO) in Q2-2015 and increased 0.5 per cent from Rs 30.57 lakh (3.9 per cent of TIO) in Q1-2015.