UFO Moviez India Ltd Reports Q3 FY25 Results: Revenue Growth and Strategic Expansion

Mumbai, January 30, 2025 – UFO Moviez India Ltd has announced its unaudited financial results for the third quarter (Q3) and nine months ended December 31, 2024, demonstrating strong revenue performance despite increased operational expenses.

Key Financial Highlights​

Note: Figures in parentheses indicate losses.

Segment-wise Performance​

• Digital Cinema Equipment Sales: ₹3,341 lakh in Q3 FY25, benefiting from strong market demand and new installations.
• Advertising Revenue: ₹1,863 lakh, reflecting a steady demand for in-cinema advertising.
• Virtual Print Fee (VPF) Revenue: ₹282 lakh, in line with previous quarters.
• Other Operating Revenue: Increased to ₹865 lakh, driven by new service offerings.

Strategic Business Developments​

• Acquisition of United Mediaworks' Digital Cinema Deployment Business: Completed for ₹1,300 lakh, positioning the company as a dominant player in digital cinema.
• Divestment of Mukta V N Films Stake: The sale of a 48.12% stake resulted in an exceptional gain of ₹40 lakh.
• Stock Options Update: Under ESOP 2014, 1,60,049 stock options were exercised, leaving 1,14,727 optionsoutstanding.

Management Commentary​

"The Q3 results reflect strong revenue growth, driven by increased digital cinema installations and advertising revenues. With the recent acquisition of United Mediaworks' digital cinema business, we aim to further consolidate market leadership and expand service offerings," said the Executive Director & Group CEO.

Outlook​

The company remains optimistic about the in-cinema advertising market rebound and expects continued growth in digital cinema technology adoption. Further strategic acquisitions are being evaluated to enhance the footprint in the digital media ecosystem.