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B.A.G Films Q1 net profit up 41% at Rs 8 million
 

Indiantelevision.com Team

(28 July 2007 5:30 pm)

 

MUMBAI: B.A.G Films and Media Limited has posted a net profit of Rs 7.85 million for the quarter ended 30 June 2007, up 41 per cent from Rs 5.57 million in the year-ago period.

During the period, the company's net income stood at Rs 91.91 million compared to Rs 87.65 million in the first quarter of FY07.

Commenting on the performance B.A.G Films and Media Limited MD Anurradha Prasad said, "Strong emphasis on non-broadcast business and cost control measures have yielded higher top and bottom line respectively. Going forward, we are confident of continuing to achieve healthy revenue and profitability growth."

B.A.G Films and Media is going to produce two daily soaps this fiscal - on to be launched GECs Zee Next and INX's 9X.

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