Financial Daily from THE HINDU group of publications
Saturday, Oct 18, 2003
Financial Daily from THE HINDU group of publications Saturday, Oct 18, 2003 |
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Corporate
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Financial Performance Corporate Results - Cinema Pritish Nandy net up at Rs 0.95 cr Our Bureau
MUMBAI: PRITISH Nandy Communications Ltd (PNC) has reported a net profit of Rs 0.95 crore for the quarter ended September 30, 2003 compared to a net loss of Rs 1.46 crore in the year-ago period. Total income during the quarter rose to Rs 5.2 crore as against Rs 2.59 crore in the year-ago quarter. During this quarter, the company released the film Mumbai Matinee. It also announced the launch of Chameli, starring Kareena Kapoor. The film is nearing completion and will be released this winter. PNC will also be releasing Hazaaron Khwaishein Aisi this winter. The company had earlier announced the launch of its new film Gulel. The film will commence shooting in December and will be released worldwide in the coming summer. PNC's other film Sahib Biwi Ghulam, will come out early next year. The rights have already been acquired by the company from the legal heirs of the author and Deepa Mehta has been signed on to make the film. For the six-month period, the company reported a net profit of Rs 1.67 crore against a net loss of Rs 0.89 crore. Total income was Rs 9.75 crore (Rs 7.66 crore).
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