{"id":3991,"date":"2019-02-06T14:02:26","date_gmt":"2019-02-06T14:02:26","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=3991"},"modified":"2019-02-06T14:02:26","modified_gmt":"2019-02-06T14:02:26","slug":"ufo-earns-net-profit-of-%e2%82%b9146-million-q3fy19","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/ufo-earns-net-profit-of-%e2%82%b9146-million-q3fy19\/","title":{"rendered":"UFO earns net profit of \u20b9146 million. (Q3FY19)"},"content":{"rendered":"<p>UFO Moviez India Limited, India\u2019s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarter and nine months ended December 31, 2018.<\/p>\n<p><strong>Financial Highlights:<\/strong><\/p>\n<p><strong>Quarter ended December 31, 2018<\/strong><\/p>\n<p>Consolidated revenues increased by 10.3% to \u20b91,547 (Q3FY18 \u2013 \u20b91,402) million. EBITDA increased<br \/>\nby 10.7% to \u20b9406 (Q3FY18 \u2013 \u20b9367) million. PBT increased by 28.5% to \u20b9230 (Q3FY18 \u2013 \u20b9179)<br \/>\nmillion and PAT increased by 21.9% to \u20b9146 (Q3FY18 \u2013 \u20b9120) million.<br \/>\nAdvertisement revenue grew 26.6% to \u20b9626 (Q3FY18 \u2013 \u20b9494) million. Average advertisement<br \/>\nminutes sold per show per screen grew to 5.81 (Q3FY18 \u2013 4.54) minutes.<\/p>\n<p><strong>Nine Months ended December 31, 2018<\/strong><br \/>\nConsolidated revenues stood at \u20b94,229 (9MFY18 \u2013 \u20b94,349) million. EBITDA stood at \u20b91,027<br \/>\n(9MFY18 \u2013 \u20b91,153) million, PBT stood at \u20b9515 (9MFY18 \u2013 \u20b9574) million and PAT stood at \u20b9330<br \/>\n(9MFY18 \u2013 \u20b9370) million.<\/p>\n<p>Advertisement revenue grew by 15.3% to \u20b91,568 (9MFY18 \u2013 \u20b91,359) million. Average advertisement<br \/>\nminutes sold per show per screen grew to 5.12 (9MFY18 \u2013 4.36) minutes.<\/p>\n<p>\u201cDuring the quarter, UFO Moviez delivered strong advertisement performance primarily driven by<br \/>\n~40% growth in Corporate advertisement revenue,\u201d said Sanjay Gaikwad, Founder and Managing<br \/>\nDirector. \u201cCaravan Talkies also continued to gain momentum led by higher realizations and<br \/>\nincreased van utilization. Also, we continue to generate healthy cash flows as the capex intensity<br \/>\nremains low. Going forward, we believe that we will continue to deliver healthy operating and financial<br \/>\nperformance, steady cash flows and as a result higher returns and better value to our shareholders in<br \/>\nthe long term.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UFO Moviez India Limited, India\u2019s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarter and nine months ended December 31, 2018. Financial Highlights: Quarter ended December 31, 2018 Consolidated revenues increased by 10.3% to \u20b91,547 (Q3FY18 \u2013 \u20b91,402) million. EBITDA increased [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[3353],"class_list":["post-3991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","tag-ufo-moviez"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UFO earns net profit of \u20b9146 million. 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