MUMBAI: K Sera Sera has posted a consolidated net profit of Rs 168.01 million for the quarter ended 30 September, up from Rs 76.19 million in the corresponding quarter of the previous fiscal.

During the period, the company’s income has increased to Rs 449.64 million, from Rs 342.09 million in the corresponding quarter.

Expenditure has increased to Rs 268.72 million as against Rs 251.62 million.

On a standalone basis, K Sera Sera has a loss of Rs 25.58 million, as against a net profit of Rs 81.92 million in the year ago period.

Income has fallen to Rs 1.60 million as compared to Rs 341.6 million year-on-year.

The company says that out of the ten projects in hand, two of the movies Chal Chala Chal and Ek- The Power of One will be released in December and January 2009.