Television

Balaji Telefilms Q2 net rises at Rs 193 million

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MUMBAI: Balaji Telefilms recorded a jump in net profit to Rs 193 million for the quarter ended 30 September 2006. The company's revenues stood at Rs 837.95 million up from Rs 714.22 million a year ago.

The operating profit recorded Rs 312.92 million from Rs 295.64 million as against the same corresponding period last year.

It recorded an expenditure of Rs 525.03 million from Rs 418.58 million a year ago. The company's expenditure include, cost of production and telecast fees of Rs 434.311 million, staff cost Rs 22.188 million and other expenditure Rs 70.771 million.

The company has appointed Paul Francis Aiello, nominee of Asian Broadcasting FZ LLC as additional director in place of Michelle Guthrie who has resigned as nominee director of Asian Broadcasting FZ LLC from board of the company, both effective from 20 October.

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