UFO Moviez Reports Q3&9MFY19Results

In Q3FY19, Advertisement Revenue grew26.6%to₹626Mn

EBITDA up 10.7% to ₹406Mn& PAT up 21.9% to ₹146Mn

 UFO Moviez India Limited, India’s largest digital cinema distribution network and in-cinema advertising platform in terms of number of screens, today, announced its financial results for the quarterand ninemonthsended December 31, 2018.

Financial Highlights:

Quarter ended December 31, 2018

Consolidated revenues increased by10.3% to₹1,547(Q3FY18 –₹1,402) million. EBITDA increasedby 10.7% to₹406(Q3FY18 – ₹367)million. PBT increased by 28.5% to ₹230(Q3FY18 – ₹179)million andPAT increased by 21.9% to₹146(Q3FY18 – ₹120)million.

                      

Advertisement revenue grew 26.6% to₹626(Q3FY18 – ₹494)million.Average advertisement minutes sold per show per screen grew to5.81(Q3FY18–4.54) minutes.

Nine Months ended December 31, 2018

Consolidated revenues stood at ₹4,229(9MFY18 – ₹4,349)million. EBITDA stood at ₹1,027(9MFY18 – ₹1,153)million, PBT stood at ₹515(9MFY18– ₹574)million and PAT stood at ₹330(9MFY18 – ₹370)million.

Advertisement revenue grew by 15.3% to₹1,568(9MFY18 – ₹1,359)million.Average advertisement minutes sold per show per screen grew to5.12(9MFY18–4.36) minutes.

“During the quarter, UFO Moviez deliveredstrongadvertisement performance primarily driven by~40%growth in Corporateadvertisement revenue,” said Sanjay Gaikwad, Founder and Managing Director.“Caravan Talkies also continued to gain momentum led by higher realizations and increased van utilization.Also, we continue to generate healthy cash flows as the capex intensity remains low.Going forward, we believe that we will continue to deliver healthy operating and financial performance, steady cash flows and as a result higher returns and better value to our shareholders in the long term.”