Raghav Bahl interview to Outlook Business
The best place to go to is your shareholders if you need fresh funding.
Is it possible to sustain operating margins of near 50% ?
If you look at the results,the business news channels are operating at almost 50% margins for several quarters now.We see no pressure there and we have confidence in our ability to deliver the performance in the future too.But several of our businesses are still in the investment phase.On a consolidated basis,we do not have such high operating margins.Will our other businesses hit the 50% margins,we cannot say with confidence.
We will not be entering distribution business because we are a content player.
Then why enter the events space?
Events have become an integral part of content today.When you are doing concerts,bringing in artists,all channels can share the content generated. E18 is just adding another component of the business.While events organised by business channels will continue as usual, E18 will become a standalone profit center.All the major media houses in the country have a larger events division,which is synergistic to the business.
I think,we deserve a pat on the back to have successfully managed partnerships (Ofcourse!)
Where do you see the group five years down the line? What about the market cap of companies?
We would like to remain No.1 business news broadcaster,stay No.1 in the general news space and atleast be among the top two general entertainment broadcasters.I think that is a good ambition.Our job is to do business and not look at marketcaps.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
