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UFO Moviez reports ad rev of Rs 302 mn in Q4-FY20

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MUMBAI: UFO Moviez, an in-cinema advertising platform, announced its financial results for the quarter and year ended 31 March 2020.

Financial Highlights:
Quarter ended 31 March 2020 

Consolidated revenue stood at Rs 1,094 (Q4FY19 – Rs 1,939) million. 
EBITDA stood at Rs 275 (Q4FY19 – Rs 656) million. 
PBT stood at Rs 94 (Q4FY19 – Rs 480) million and PAT stood at Rs 68 (Q4FY19 – Rs 335) million.     

Advertisement revenue stood at Rs 302 (Q4FY19 – Rs 805) million. Average advertisement minutes sold per show per screen stood at 3.06 (Q4FY19 – 6.85) minutes.

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Year ended 31 March 2020 
Consolidated revenues stood at Rs 5,039 (FY19 – Rs 6,169) million. 
EBITDA stood at Rs 1,194 (FY19 – Rs 1,683) million. PBT stood at Rs 522 (FY19 – Rs 995) million and PAT stood at Rs 388 (FY19 – Rs 665) million. 

Advertisement revenue stood at Rs 1,547 (FY19 – Rs 2,372) million. Average advertisement minutes sold per show per screen stood at 4.16 (FY19 – 5.54) minutes.

“UFO’s advertisement performance during the quarter and full-year was weak primarily on account of lower government spending. Additionally, the shutdown of operations in mid of March due to the Covid2019 pandemic impacted total revenues including corporate advertising. This has severely impacted the overall profitability of the a,” said joint managing director Kapil Agarwal.

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He adds, “To conserve cash, we have implemented cost optimisation strategies. The company's liquidity position remains comfortable to sustain during this challenging phase. We are awaiting the government’s decision to reopen cinemas that is likely to take place in the third phase of unlocking based on the situation. Post-re-opening, we expect slow recovery as social distancing will impact cinema footfalls until the situation normalises. However, we are optimistic that UFO will emerge stronger at the end of this crisis.”

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Hindi

Rashmika Mandanna, Shanaya Kapoor and Naila Grrewal climb IMDb’s Indian celebrity rankings

Upcoming films and returning shows are driving fan interest across Bollywood and streaming

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MUMBAI: Bollywood’s popularity contest has a new weekly scorecard, and the numbers are telling. IMDb’s Popular Indian Celebrities list for this week places Shanaya Kapoor at number six, buoyed by buzz around her film Tu Yaa Main. Naila Grrewal slots in at seven on the back of the returning comedy series Maamla Legal Hai, while Rashmika Mandanna climbs to eighth, riding mounting anticipation for Cocktail 2.

The list, available exclusively on the IMDb app for Android and iOS, tracks trending Indian entertainers and filmmakers each week, drawing on data from more than 200m monthly visits to the platform worldwide.

Further down the rankings, Raaka is keeping two of its biggest names in the spotlight. Deepika Padukone holds 11th position, with Allu Arjun close behind at 13th, as the film continues to find traction with audiences.

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The list offers fans a weekly pulse on who is breaking through, who is holding steady, and who is fading. It is a barometer as unsparing as the box office itself.

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