|
MUMBAI:
Prime Focus has posted a net profit of Rs 102.1 million for
the quarter ended 30 June 2008, up 7.83 per cent over the
corresponding quarter of the previous fiscal.
During the period, the company's revenue grew 47.52 per cent
year-on-year 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.”
During
the quarter, Prime Focus has merged its subsidiary Storemedia
Technologies into the parent company. It has completed post
production work on films like Dasavathaaram, Love Story 2050,
Tashan among others.
Besides
it has completed post production and visual effects work on
several television commercials like Himalayan Mineral Water,
Chloremint, Oxicash, Toyota Innova and television shows like
Maharabharata on 9X.
|
