Television

Adlabs Films Q2 net profit up 224 per cent at Rs 204 million

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MUMBAI: Anil Dhirubhai Ambani Group controlled Adlabs Films' net profit stood at Rs 204 million for the quarter ended 30 September as against Rs 62.86 million for the same period last year.

The second quarter total income recorded an increase of Rs 595.97 million from Rs 246.82 million for the July-September quarter 2005.

Operating profit stood at Rs 309.51 million as against Rs 110.04 million for the corresponding period last year .

The company's expenditure for the quarter closed at Rs 286.45 million as compared to the previous fiscal period Rs 136.79 million.

Recently, the company picked up 51 per cent stake in Siddharth Basu promoted Synergy Communications. The company also launched its radio stations in Delhi , Hyderabad , Chennai, Kolkata and Bangalore, under the brand name Big 92.7 FM.

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