* All are in Lakhs |
|
Particulars |
|
|
|
Standalone |
Consolidated |
March 31, 2011 |
March 31, 2010 |
March 31, 2011 |
March 31, 2010 |
Audited |
Audited |
Audited |
Audited |
| |
|
|
|
|
|
1 |
INCOME |
|
|
|
|
|
Income from operations |
192,371 |
139,501 |
2,01,346 |
145,284 |
|
|
192,371 |
139,501 |
2,01,346 |
145,284 |
| |
|
|
|
|
|
2 |
TOTAL EXPENDITURE |
|
|
|
|
|
a. Cost of Revenues |
10,271 |
8,888 |
13,493 |
11,920 |
| |
b. Purchase of traded goods |
- |
- |
59 |
618 |
| |
c. (Increase) / decrease in stock in trade |
- |
- |
182 |
(266) |
|
d Employee's Remuneration
and Benefits |
17,401 |
11,601 |
19,192 |
13,396 |
|
e. Other Expenditure |
8,910 |
7,957 |
10,634 |
10,530 |
|
f. Depreciation and Amortisation |
44,738 |
28,544 |
48,046 |
32,091 |
| |
|
|
|
|
|
3 |
Profit before
Other Income |
1,11,051 |
82,511 |
1,09,740 |
76,995 |
4 |
Othr Income |
4,679 |
4,251 |
4,870 |
3,495 |
5 |
Profit before interest |
1,15,730 |
86,762 |
1,14,610 |
80,490 |
6 |
Interest |
198 |
120 |
225 |
494 |
7 |
Profit after interest before taxes |
1,15,532 |
86,642 |
1,14,385 |
79,996 |
8 |
Tax expense |
38,310 |
29,904 |
38,310 |
29,905 |
| |
|
|
|
|
|
9 |
Net Profit for the period after taxes |
77,222 |
56,738 |
76,075 |
50,091 |
| |
|
|
|
|
|
10 |
Share in profits from Associates |
- |
- |
349 |
83 |
11 |
Minority Interest |
- |
- |
552 |
1,816 |
12 |
Net profit |
77,222 |
56,738 |
76,976 |
51,990 |
| |
|
|
|
|
|
13 |
Paid-up equity share capital (face value Rs. 5/-) |
19,704 |
19,704 |
19,704 |
19,704 |
14 |
Reserves excluding revaluation reserves |
2,18,867 |
1,81,797 |
2,05,664 |
1,68,854 |
15
|
Earning Per Share(Rs.) Basic and Diluted |
1960 |
14.40 |
19.53 |
13.19 |
| |
|
|
|
|
|
16 |
Total Public Shareholding as defined under clause 40a of the Listing Agreement |
|
|
|
|
|
No of Shares |
9,06,39,463 |
9,06,39,463 |
9,06,39,463 |
9,06,39,463 |
|
Percentage of Shareholding |
23.00% |
23.00% |
23.00% |
23.00% |
| |
Promoters and Promoter Group Shareholding |
|
|
|
|
17 |
Promoters and Promoter Group Shareholding
a. Pledged / Encumbered
- Number of shares |
5,19,57,879 |
2,16,94,915 |
5,19,57,879 |
2,16,94,915 |
| |
- Percentage of shares
(as a % of the total shareholding of the promoter and promoter group) |
17.12% |
7.15% |
17.12% |
7.15% |
| |
- Percentage of shares
(as a % of the total share capital of the Company) |
13.18% |
5.51% |
13.18% |
5.51% |
| |
b. Non -encumbered
- Number of shares |
25,14,87,278 |
28,17,50,242 |
25,14,87,278 |
28,17,50,242 |
| |
- Percentage of shares
(as a % of the total shareholding of the promoter and promoter group) |
82.88% |
92.85% |
82.88% |
92.85% |
|
- Percentage of shares
(as a % of the total share capital of the Company) |
63.82% |
71.49% |
63.82% |
71.49% |
|
| |
Statement of Assets and Liabilities as at March 31, 2011 |
* All are in Lakhs |
|
Particulars |
|
|
|
Standalone |
Consolidated |
March 31, 2011 |
March 31, 2010 |
March 31, 2011 |
March 31, 2011 |
Audited |
Audited |
Audited |
Audited |
| |
|
|
|
|
|
1 |
SHAREHOLDERS' FUNDS |
|
|
|
|
|
(a) Capital |
19,704 |
19,704 |
19,704 |
19,704 |
|
(b) Reserves and Surplus |
2,18,867 |
1,81,797 |
2,05,664 |
1,68,854 |
| |
|
|
|
|
|
2 |
MINORITY INTEREST |
- |
- |
3,154 |
3,706 |
3 |
PREFERENCE SHARES IN SUBSIDIARY HELD BY MINORITY SHAREHOLDERS |
- |
- |
9,340 |
8,780 |
4 |
LOAN FUNDS |
- |
- |
14 |
14 |
5 |
DEFERRED TAX LIABILITY (NET) |
|
|
4,099 |
3,392 |
|
TOTAL |
2,42,669 |
2,04,892 |
2,41,975 |
204,450 |
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
| |
|
|
|
|
|
6 |
FIXED ASSETS AND INTANGIBLE ASSETS (NET) (INCLUDING CAPITAL WORK-IN-PROGRESS AND INTANGIBLE ASSETS UNDER DEVELOPMENT) |
99,872 |
96,637 |
1,21,317 |
1,21,264 |
7 |
INVESTMENTS |
54,117 |
50,664 |
22,167 |
22,795 |
8 |
NON-CURRENT ASSETS |
1,367 |
3,000 |
1,367 |
3,000 |
9 |
CURRENT ASSETS, LOANS AND ADVANCES |
|
|
|
|
|
(a) Inventories |
75 |
33 |
141 |
270 |
| |
(b) Sundry Debtors |
38,805 |
30,018 |
43,003 |
32,919 |
|
(c) Cash and Bank balances |
58,440 |
42,420 |
60,302 |
43,672 |
| |
(d) Other current assets |
16,466 |
13,992 |
13,542 |
10,702 |
|
(e) Loans and Advances |
15,581 |
11,300 |
19,853 |
15,893 |
|
|
|
|
|
|
10 |
LESS: CURRENT LIABILITIES AND PROVISIONS |
|
|
|
|
| |
(a) Liabilities |
(24,707) |
(15,501) |
(27,370) |
(18,392) |
|
(b) Provisions |
(17,347) |
(27,671) |
(17,347) |
(27,678) |
|
|
|
|
|
|
11
|
MISCELLANEOUS EXPENDITURE (NOT WRITTEN OFF ORADJUSTED) |
- |
- |
- |
5 |
| |
|
|
|
|
|
|
TOTAL |
2,42,669 |
204,892 |
2,41,975 |
204,450 |
|
Notes:
1. The above audited financial results (including consolidated results) for the year ended March 31, 2011 have been reviewed by the Audit Committee and approved bthe Board of Directors at their meeting held on May 26, 2011.
2. The Company's operations predominantly relate to a single segment, "Broadcasting".
3. Against the total projected utilization of Rs. 572.0 crores (net of issue expenses) from the Initial Public Offering ('IPO') funds, an amount of Rs. 355.77 crores has been utilised towards capitalization of subsidiaries; Rs. 106.61 crores towards launch of new channels and purchase of new equipment and up-gradation of existing equipment and Rs. 62.34 crores towards construction of owned corporate office. The balance proceeds from the IPO after meeting the IPO expenses, pending utilization have been invested in fixed deposits with banks.
4.During current year, the company released a blockbuster movie simultaneously in three languages titled “Enthiran” in Tamil and “Robot” in Telugu and Hindi. The company earned revenues of Rs. 179 crores, including Rs. 8 crores expected towards satellite rights which has not been included in the revenues in current year. The company has spent Rs. 132 crores on the production of this blockbuster.
5. Details of number of investor complaints for the quarter ended March 31, 2011 : Beginning - Nil; Received - 6; Disposed off - 6; Pending - Nil.
5. Previous periods' / years' figures have been regrouped / reclassified wherever necessary to conform to current periods' classification.
6. At their meeting held on May 26, 2011, the Board of Directors of the Company have recommended a final dividend of Rs. 3.75/- per share (75%). This in addition to an interim dividend of Rs 5.00/- per share (100%) declared at the Board Meeting held on January 28, 2011. |
| |
| |
For and on behalf of
the Board of Directors |
| |
SD/ |
Place : Chennai
Date : May 26, 2011 |
Kalanithi Maran
Chairman and Managing Director |
| |
|
|
|
| |
| |
|