Padmalaya Telefilms Q1 net up 14 per cent

Padmalaya Telefilms Q1 net up 14 per cent

MUMBAI: Padmalaya Telefilms has posted a net profit of Rs 50.72 million (up 14.67 per cent) for the quarter ended 30 June 2003 as compared to Rs 44.23 million in Q1 of the previous financial year.
Padmalaya Telefilms' total income has gone up from Rs 248.7 million in JQ 2002 to Rs 273.26 million in the quarter ended 30 June 2003.
For the year ended 31 March 2003, the company has posted a net profit of Rs 169.95 million as against Rs 118.17 million for the year ended 31 March 2002. Total income has increased from Rs 672.21 million in FY 2002 to Rs 902.26 million in the year ended 31 March 2003.
The board of directors has recommended a dividend of 35 per cent for the financial year 2002-2003 subject to shareholders approval at the ensuing annual general meeting.