Anil Dhirubhai Ambani Group company Adlabs Films Ltd today announced a net profit of Rs 2.32 crore for the quarter ended June 30, compared to Rs 21.18 crore in the year-ago period.
The net sales of the company jumped to Rs 228.97 crore in the quarter, against Rs 53.44 crore in the same period last year.
The results of the June quarter are not comparable with that of the same period last year as it also includes the financial figures of the radio operations for the first time, the company said in a statement.
Adlabs is engaged in the production of films and TV content, film processing and services, domestic as well as international distribution of content, radio and cinemas.