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News Update as at 18.00 hrs (IST)

Corporate Results
Pentamedia posts net profit Rs 1.55 cr

CHENNAI: Entertainment Graphics major Pentamedia Graphics Ltd has posted a net profit of Rs 1.55 crore in the third quarter ended December 31, 2005, an increase of 8 per cent compared from the year-ago period.

The company's total income for the quarter stood at Rs 26.34 crore, a company release said. Pentamedia's CD/CBT division got major orders in the last quarter. The division is in the final stages of discussion with vendors for setting up a DVD9/DVD10 replication unit.

The company also launched 'Maya Mall', a shopping complex at a Theme park during the quarter under review.

The company has signed a major deal to distribute its content in Asia through their Web portal 'numtv.com' and is also planning to enter into application service for which various software solutions are being evaluated. - PTI

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