ADLABS posts PAT of Rs 22 crore

Mumbai, Jan 31: ADLABS has posted a healthy Rs 22 crore PAT for its quarter as ended on December 31, with revenues growing by 23 percent to Rs 129.5 crores and EBITA standing at Rs 51 crores, a growth of 73 percent against the corresponding period last fiscal.

Growth in revenues was registered in all divisions with cinema raking in Rs 42 crores, up by 75 percent, motion picture processing pulling by Rs 24 crores (up 26 percent) and content business earning by Rs 47 crores (up 10 percent), said a release. CFO ADLABS, Venkat Devarajan said, " One of the most important features of this quarter has been the operational growth across divisions. This augurs well for the future", added the release.

UNI