clear clear clear clear clear
clear
Movies
 


Adlabs records 73% EBIDTA growth



January 31, 2008 12:00:00 AM IST
By Glamsham Editorial
Send to Friend



Adlabs Films Limited (ADLABS), a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, announced its results for the quarter ended December 31st 2007.

Revenues across all divisions of the company logged growth in the quarter as compared to the corresponding quarter last year:

-The cinema division grew by 75 % to Rs 42 crore and is now operating 131 screens and 45 properties across the country
-The motion picture processing and services division recorded a 26 % increase at Rs 24 crore and now enjoys a market share of over 70% in the Hindi film print business
-The content production and distribution business grew by 10 %, contributing Rs 47 crore

Venkat Devarajan, CFO -Adlabs Films Ltd, commented on the results saying, 'We have been launching new cinema properties at an aggressive pace. Our television business too, Synergy Adlabs, has been expanding rapidly in new genres and even regional languages. One of the most important features of this quarter has been the operational growth across divisions. This augurs well for the future.'


Stay updated with Bollywood on GLAMSHAM.COM's android app.
Click here to INSTALL on your device.
 




   Comments

 
 

 More on Glamsham


- Diwali surprise! Salman Khan-Katrina Kaif's TIGER ZINDA HAI first poster is out - News
- Sushant Singh Rajput all smiles as he poses with Shah Rukh Khan! - News
- Secret Superstar - Movie Review
- Babe Of The Day - Picture Gallery
- DANGAL cast had a reunion at the special screening of SECRET SUPERSTAR - News
- Deepika Padukone voted 'Sexiest Woman Alive' 2nd year in a row! - News
- Exclusive: Sanjay Dutt's Diwali gets friendlier - News
- In Pics: Deepika Padukone launches Hema Malini's biography 'Beyond the Dream Girl' - News
- Jackky Bhagnani makes Falooda and its mouth watering - News
- Priyanka Chopra slays with VARIETY of women! - News
- Revealed: Rishi Kapoor's look from Anubhav Sinha's MULQ - News
- Sushant Singh Rajput's latest pic will brighten up your Diwali! - News
- This Diwali biographical drama LION starring Dev Patel to premiere on & Prive - News
- Virat & Anushka are lost in each other's eyes and we are smitten by them - News
- We have found Zaira Wasim's true 'love' and no it's not about boys! - News

   News Archives



A Fifth Quarter Infomedia Pvt. Ltd. site.