Integrated media services company Prime Focus (PFL) on Tuesday reported a consolidated net profit of Rs 22.7 crore for the quarter ended December 31, 2016.
The company had posted a net loss of Rs 18.4 crore during the like period of last fiscal.
According to the integrated media services firm, its total revenue during the quarter under review rose by eight per cent to Rs 510 crore from Rs 470 crore during the corresponding period of 2015-16.
"The company delivered stellar results ahead of set targets with consolidated revenues up 8 per cent YoY (year-on-year) at Rs 5.1 billion, operating EBITDA (earnings before interest,
tax, depreciation and amortisation) up 71 per cent YoY at Rs 1.2 billion and a positive PAT (profit-after-tax) of Rs 227 million," the company said in a statement. - Business Standard