Top Story


Home >> Media - Others >> Article

UTV Software Q2 net jumps to Rs 401.8 mn

Font Size   16
UTV Software Q2 net jumps to Rs 401.8 mn

UTV Software Communications Ltd has reported a net profit of Rs 401.8 million for the second quarter ended September 30, 2010, as against a net profit of Rs 83.05 million for the corresponding quarter of FY10.

Operating income grew 142 per cent from Rs 181 million in Q2 FY10 to Rs 438 million in the second quarter ended September 30, 2010.

Movies accounted for 51 per cent of UTV Software’s total revenues for Q2 FY11. The company expects movies to contribute 40-45 per cent of its revenues during FY11. Television account for 34 per cent of UTV’s total revenues for Q2 and is expected to contribute 30-35 per cent of the revenues for this fiscal.

The company expects to reduce its current debt level to more reasonable levels through liquidity events such as movie co-productions and release of its AAA titles as well as some strategic initiatives.


Tags UTV Software Communications

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In terms of affiliates, India ranks on the top. Spurred by the fast growth of mobile users and hence internet users, there are millions of websites, apps, WAP-sites and blogs using affiliate marketing...

Insecurity in the workplace due to the idea of AI encroaching on your job, or being sidelined at work because of your small town background? Sandeep Goyal has the right answers to help you deal with w...

As National Sales Head at, Ashish aims to bring on board a maximum number of advertising partners and consolidate the network’s position as a leader in the space.