Prime Focus records Q3 net profit at Rs 22.7 crore

Image
IANS Mumbai
Last Updated : Feb 14 2017 | 9:22 PM IST

Integrated media services company Prime Focus (PFL) on Tuesday reported a consolidated net profit of Rs 22.7 crore for the quarter ended December 31, 2016.

The company had posted a net loss of Rs 18.4 crore during the like period of last fiscal.

According to the integrated media services firm, its total revenue during the quarter under review rose by eight per cent to Rs 510 crore from Rs 470 crore during the corresponding period of 2015-16.

"The company delivered stellar results ahead of set targets with consolidated revenues up 8 per cent YoY (year-on-year) at Rs 5.1 billion, operating EBITDA (earnings before interest, tax, depreciation and amortisation) up 71 per cent YoY at Rs 1.2 billion and a positive PAT (profit-after-tax) of Rs 227 million," the company said in a statement.

--IANS

ppg-rv/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 14 2017 | 9:12 PM IST

Next Story