UFO Moviez India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 02, 2022 at 07:29 am EDT
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UFO Moviez India Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 1,074.5 million compared to INR 258.6 million a year ago. Revenue was INR 1,078.4 million compared to INR 264.6 million a year ago. Net loss was INR 91.5 million compared to INR 282.8 million a year ago. Basic loss per share from continuing operations was INR 2.4 compared to INR 9.98 a year ago. Diluted loss per share from continuing operations was INR 2.4 compared to INR 9.98 a year ago.
For the six months, sales was INR 1,974.7 million compared to INR 530.2 million a year ago. Revenue was INR 1,983.9 million compared to INR 546.3 million a year ago. Net loss was INR 117 million compared to INR 549.6 million a year ago. Basic loss per share from continuing operations was INR 3.07 compared to INR 19.39 a year ago. Diluted loss per share from continuing operations was INR 3.07 compared to INR 19.39 a year ago.
UFO Moviez India Limited is engaged in providing digital cinema services. The Company enables cinema digitization with satellite technology in India. It also makes an in-cinema advertising platform, with approximately 1.8 billion viewers annually through 3400+ screens across 1150+ cities. It is focused on digital cinema services and sale of digital cinema equipment. Its businesses include Theatrical Business, Advertising Business and Other Initiatives. Its Other Initiatives business includes Nova Cinemaz, Club Cinema, Impact Ticketing and Caravan Talkies. It also provides digital cinema equipment to the cinema theatres comprising of a sophisticated digital projector and industrial grade digital cinema server supported by a 3KVA UPS system. Its wholly owned subsidiary, Scrabble Entertainment Limited, is provider of end-to-end digital cinema solutions, including supply, installation, and maintenance of 2K & 4K DCI compliant projectors, DCI Servers, 3D equipment, and peripherals.
UFO MOVIEZ INDIA LIMITED 