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Shemaroo new media revenues at Rs 13.4 cr in Q1-FY16; 17% of revenues

Shemaroo Ltd, the Bollywood content aggregation company which listed in August last year, reported its results for the quarter ended June 30th 2015 (Q1-FY16)  with revenues of Rs 77.64 crore, of which New Media revenues accounted for Rs 13.4 crore. Even as revenues were down 10.48% quarter on quarter, though up 20.38% year on year, net profit was at Rs 12.02 crore, down 6.53% quarter on quarter, and up 25.73% year on year. The companys reported a 23.9% increase in EBITDA, to Rs. 24.48 crore, up from Rs 19.75 crore in Q1 FY15. EBITDA margin was up marginally, at 31.3% as compared with 30.5% in Q1 FY15. New Media Revenues New Media revenues increased 83.56% year on year and 17% quarter on quarter, while revenue from traditional sources increased 12.31% year on year, and decreased 14.67% quarter on quarter. Shemaroo's YouTube channel ‘ShemarooEnt’ crossed one million subscribers during the quarter, and its Mobile content consumption "continued to grow on the back of operator data usage growth." Shemaroo has released this chart on its YouTube performance, though it's only indicative and lacks granular data. It appears that Shemaroo almost hit 80 million monthly views* on YouTube, according to this chart. We'd be happy to help produce more useful charts, in case Shemaroo can share the raw data with us. * New Media is 17.3% of total revenues for the company, while traditional revenue streams account for 82.7%. In contrast, a year ago, New Media accounted for 11.3% of revenues. Shemaroo's partnerships since IPO - During the quarter, Shemaroo partnered with Red…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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