DQ Entertainment International Limited reported a net profit of Rs 3.1 crore for the quarter ended December 2010. Net income and total expenditure for the quarter stood at Rs 43.2 crore and Rs 48 crore respectively. Last year, DQ had raised Rs 153.9 crore through the initial public offerings (IPO). So far, Rs 102.5 crore was used including, Rs 38.9 crore on co-production agreements, Rs 17.7 crore on the development of office premise and production facilities, Rs 12.9 crore on its subsidiary DQE (Ireland) Limited, and Rs 32.8 crore was for corporate purposes and issues expense.
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