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Shemaroo’s digital revenues up 40.2% YoY to Rs 34.7 crore in Q4 FY18

Shemaroo Entertainment

Shemaroo’s digital media revenues stood Rs 34.7 crore for the quarter ended March 31,  2018 (Q4 FY18), up 40.2% from Rs 24.7 crore in Q4FY17. In the preceding quarter, the company reported digital media revenues of Rs 33.1 crore, so this is a marginal increase of 4.8% on QoQ basis. Shemaroo’s net profit after tax stood at Rs. 18.7 crores for the quarter, up 35.5%  YoY from Rs 13.8 crore in Q4 FY17. The net profit margin for the company was 15.74%, while EBITDA margin was 31.31%. Traditional Media vs New Media Traditional media revenue rose by 13.2% YoY to Rs 83.6 crore from Rs 74 crore in Q4 FY17. Traditional media contributes 73% of the revenues, while digital media contributes 27% of the revenues. Shemaroo has agreements with various internet video platforms like YouTube, Hotstar, Reliance Jio, Apple iTunes, Google Play, YuppTV, etc. It also has agreements with telecom operators like Airtel, Vodafone, Idea, etc. Shemaroo distributes imagery, videos, full songs, live streaming etc. under MVAS through both operator branded portals as well as its own branded portals Founded in 1962, Shemaroo Entertainment provides services including content creation, aggregation, and distribution with a content library of over 3400 titles. The company distributes content for satellite channels, telecom operators, sells physical format CDs and streams content on digital mediums like mobile, Internet, broadband, IPTV and DTH, among others. Shemaroo claims that it has crossed 3 billion cumulative views on our YouTube channel ‘ShemarooEnt’  by the end of March 2018. On…

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