Adlabs net up 39% to Rs 7.16 cr

BS 200 SCORECARD

Adlabs Films posted 39 per cent increase in net profit at Rs 7.16 crore for the quarter ended December 2005 as compared with Rs 5.14 crore recorded in the corresponding period last year. Total income went up 21 per cent from Rs 21.60 crore to Rs 26.16 crore.

Of the Rs 26.16 crore, Rs 10.26 crore was income from film processing, Rs 7.52 crore from the multiplex and Imax operations and Rs 1.14 crore from film production/rights. Total income from traded goods was Rs 7.20 crore.

Earnings per share was lower for the quarter at Rs 1.99 as compared with Rs 2.33 for the corresponding period last year.

The company's board approved the raising of long term resources by issue of foreign currency convertible bonds of up to ¤85 million.