Compact Disc India (CDI), the largest animation company of South Asia, has reported a 109 per cent growth in its net profit for the first quarter ended June 30, 2008. The company recorded a net profit of Rs 8.35 crore for the quarter, as against Rs 3.98 crore in the corresponding quarter last year.
Total income stood at 43.36 crore, as compared with Rs. 20.22 crore in the comparable quarter a year ago, reflecting a growth of 114 per cent, earnings per share (EPS) increased to Rs 8.73.
CDI is an existing, profit making, debt free company engaged in multimedia and entertainment production in India. CDI has gained extensive expertise in creation, distribution and management of contents for media and entertainment sector with its strong presence in India, Malaysia and Singapore.
Presently, CDI is India’s leading integrated media and entertainment company with prime focus on animation outsourcing and production. CDI is currently working on assignments worth $65.80 million (Rs 282 crore) in outsourcing division. With a phenomenal growth of over 493 per cent in just 5 years, CDI is fast emerging as Asia’s undisputed leader in the animation film industry.
Compact Disc India, the largest animation film company of South Asia. CDI benchmarks its creative, technology and production processes to delight the most discerning international clients from the world of entertainment. As a result CDI is widely recognised in the animation industry for excellent production quality and on-time deliveries.
