‘Our fo­cus will be on cost as much as on earn­ing and di­ver­si­fy­ing rev­enues’

Impact - - FEATURE -

We have not used up in­vestor cash to man­age the op­er­a­tional fund­ing; that makes us op­er­a­tionally at break-even as we end our first fis­cal. We ex­pect to sus­tain this mo­men­tum and build the re­quired cash

sur­plus from op­er­a­tions to sat­isfy the in­vestors’ ex­pec­ta­tions on long term per­for­mance. Our fo­cus has been and will con­tinue to be on cost as much as on earn­ing and di­ver­si­fy­ing rev­enues. As for tar­gets, we are aim­ing to sus­tain the free cash gen­er­a­tion process in the next 12 month pe­riod and aim to grow at around 1.25-1.50x of the TV News seg­ment growth, on a YoY ba­sis from Year 3 on­wards. This will nat­u­rally mean we have to grow our topline by about 20% in the next fis­cal year (our first 12 month pe­riod) and ex­pect to sus­tain topline CAGR in

dou­ble dig­its from the third year. S SUN­DARAM Group CFO, Repub­lic

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.