Movies

Prime Focus Q2 net profit rises 7.83 % to Rs 102 million

MUMBAI: Prime Focus reported a net profit rose of Rs 102.1 million for the second quarter of Fy‘09, up 7.83 per cent in the same quarter of the previous year.

During the quarter, revenue jumped 47.52 per cent to stand at Rs 849.4 million.






Prime Focus MD Namit Malhotra said, ?Our presence across multiple continents has provided our customers an unprecedented global value proposition. In India, we have had a good quarter both in terms of films as well as advertising with big budget movies and highly acclaimed television commercials to our credit. We are focusing on further strengthening our global pipeline, to provide the Indian media and entertainment industry with international quality work.?



?Going forward, we will continue to up our benchmark by providing services to not only Indian customers but also tap global markets with our skilled resources,? added Malhotra.


During the quarter, the company has successfully completed post production work on box office hits like Dasavathaaram, Love Story 2050, Tashan among others. It has completed post production and visual effects work on several highly acclaimed television commercials like Himalayan Mineral Water, Chloremint, Oxicash, Toyota Innova etc and television shows like Maharabharata on 9X .

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