Q3FY17 Results: UFO Moviez India
Bhagyashree Vivarekar / 02 Feb 2017
The company's total sales for Q3FY17 amounted to Rs 148.64 crore, which represented 6.83 per cent sequential decline and 2.68 per cent YoY increase.
The company's total sales for Q3FY17 amounted to Rs 148.64 crore, which represented 6.83 per cent sequential decline and 2.68 per cent YoY increase. The average advertisement minutes sold per show per screen increased to 4.32 (9MFY16 – 3.97) minutes during the nine months ended December 31, 2016.
The company's operating profit (EBIT) for the quarter was Rs 23.15 crore and its EBIT margin was 15.57 per cent.
The company's PAT of Rs 13.59 crore represents a sequential QoQ decline of 32.92 per cent and a YoY decline of 15.22 per cent.
The company's stock opened at Rs 460 on the BSE and fell 5 per cent after the results were declared. Stock closed for the day at Rs. 435.9.
UFO Moviez India Ltd is engaged in the business of producers, exhibitors, importers, exporters, dealers, and distributors of cinematographic films, TV documentary and advertisement films, TV programmes, serial, news based programmes and advertisement shorts.
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