Movies

Compact Disc India net up 109% at Rs 83.5 million

MUMBAI : Compact Disc India (CDI) has posted a net profit of Rs 83.5 million for the quarter ended 30 June, 2008 up 109 per cent from Rs 39.8 million in the year ago period.


During the period, total income has achieved a growth of 114 per cent to stand at Rs 433.6 million from Rs 202.2 million in the corresponding quarter last fiscal.



A few animation films outsourced projects on which CDI is currently working on are If Tomorrow Never Comes ($8.50 million), Hustle Bustle ($12.45 million) and 3000 B.C. (cost of the contract is $19.80 million) .




The company is presently working on two animation feature films - Soccer and Eternal Love. Soccer is a 90-minute 3D animated film based on soccer. Both the films are produced by Mediaone Ventures.

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