UN AUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30.9.2004 (Rs. In Lakhs)
Sr. No
Particulars
Quarter ended 30 th September
Half-year ended 30 th September
Year ended
31st March 2004
(AUDITED
2004
2003
2004
2003
1
Net Sales / Income from Operations
4524.54
4277.44
9059.96
8736.95
17829.60
2
Other Income
153.08
74.14
215.50
320.76
615.30
3
Total Expenditure
a) (Increase) / decrease in stock in trade
b) Cost of Production and Telecast Fees
c) Staff Cost
d) Other expenditure
(445.51)
2747.61
48.14
403.23
(41.77)
1712.41
87.10
259.70
(528.85)
5122.99
95.17
739.48
20.13
3653.07
126.20
556.00
(259.19)
7716.08
423.44
1273.46
4
Interest
2.41
0.07
2.41
0.07
2.34
5
Depreciation
219.86
171.51
428.16
323.98
773.69
6
Profit before tax
1701.88
2162.56
3416.10
4378.26
8515.08
7
Provision for taxation
Current
Deferred Tax
535.00
38.56
700.00
39.16
1160.00
25.78
1425.00
114.81
2722.53
251.77
8
Net Profit
1128.32
1423.40
2230.32
2838.45
5540.78
9
Paid-up equity share capital (Face Value Rs. 2)
1030.33
1030.33
1030.33
1030.33
1030.33
10
Reserves excluding revaluation reserves
13407.63
11
EPS for the period, for the year to date and for the previous year (not annualized)
2.19
2.76
4.33
5.51
10.75
12
Aggregate of Non-promoter Shareholding:
- Number of shares
- Percentage of Shareholding
24245200
47.06
21746000
42.21
24245200
47.06
21746000
42.21
24246000
47.06
Segment wise Revenue, Results and Capital Employed (Rs. In Lakhs)
Sr. No
Particulars
Quarter ended 30 th September
Half-year ended 30 th September
Year ended
31st March 2004
(AUDITED
2004
2003
2004
2003
1
Segment Revenue
a) Commissioned Programs
b) Sponsored Programs
Total
Less: Inter segment revenue
Total Net Sales / Income from Operations
3825.38
699.16
4524.54
-
4524.54
3281.00
996.44
4277.44
-
4277.44
7631.20
1428.76
9059.96
-
9059.96
6930.00
1806.95
8736.95
-
8736.95
14530.03
3299.57
17829.60
-
17829.60
2
Segment Results
Profit before tax and interest from each segment
a) Commissioned Programs
b) Sponsored Programs
Total
Add: (i) Other Income
Total
Less: (i) Interest
(ii) Other un allocable expenditure
Total Profit before tax
Capital Employed
(Segment assets – Segment Liabilities)
a) Commissioned Programs
b) Sponsored Programs
c) Others
Total
4531.79
885.86
447.37
5865.02
3656.31
976.35
-
4632.66
4531.79
885.86
447.37
5865.02
3656.31
976.35
-
4632.66
4044.92
1040.95
61.20
5147.07
Notes :
1. The above results were taken on record by the Board of Directors at their meeting held on 16th October, 2004.
2. The above results have been reviewed by the statutory auditors of the Company.
3. At the extra ordinary general meeting held on September 17, 2004 the shareholders have granted their approval to issue 17.263 mn shares and share warrants convertible into equity shares at Rs. 90 per share aggregating Rs. 1.55 billion to Asian Broadcasting FZ- LLC (ABF), an affiliate of Star group. This allotment would give an equity stake of 25.1% to ABF in the Company. The Company is in the process of obtaining regulatory approvals for completing the transaction.
4. The Board decided to convene another meeting, upon there being reasonable certainty in relation to the regulatory approvals for the aforesaid proposed investment, to consider and if deemed fit, to declare an interim dividend of Rs 16 per equity share. For the avoidance of doubt, it is clarified that the Board did not declare dividends, interim or otherwise, at its meeting today.
5. The segment “Others” includes feature films.
6. There were no Investors Complaints pending at the beginning of the quarter. The Company has received 18 complaints from the Investors during the quarter ended 30th September 2004 and all the complaints were disposed off during the quarter. There are no complaints lying unsolved at the end of the quarter.
7. Corresponding figures of the previous period have been regrouped / restated, wherever necessary.
Place: Mumbai
Date:16th October, 2004
By Order of the Board For Balaji Telefilms Limited
