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


- Arjun-Anil Kapoor's MUBARAKAN first song is party anthem with retro touch - News
- BAAHUBALI 2 gets MIFF nod - News
- Bollywood Box Office Report Of The Week: 22nd June 2017 - News
- Has Ajay Devgn won over Akshay Kumar? - News
- In pics: Baby Misha's day out with mommy Mira - News
- Jab Harry met real Sejals in Ahmedabad! - News
- Kabir Khan: I honestly believe that we over-market our films - News
- MOM Sridevi looks graceful and elegant in this cover pic! - News
- PARMANU first look: Watch out for John Abraham's intense look - News
- Radha song: Jab Sejal turns sweet and not sexy for Harry! - News
- Salman Khan reveals 5 interesting facts about TUBELIGHT - News
- Salman Khan to seek help from friend and fan Aamir Khan - News
- This trivia about AMAR AKBAR ANTHONY will make you speechless - News
- Tiger, Yami, Salman and other celebs spotted at various events - News
- Varun and Taapsee are the new fitness buddies in B-town - News

   News Archives

A Fifth Quarter Infomedia Pvt. Ltd. site.