PNC turnover, profits improve in Q2
Nov 9, 2023

Pritish Nandy Communications returned to full scale production this year, post the pandemic interregnum, with improved income and profit. As a result, the first half-year's income crossed last year's total income.

Total income in Q2 grew to Rs 1763 lakh (Rs 216 lakh last year) and operating profit improved to Rs 112 lakh (loss of Rs 120 lakh last year). The first half-year results showed total income at Rs 2218 lakh and profit at Rs 70 lakh as compared to the total income of first half year of 2022-23 which was Rs 1499 lakh. This shows a 48% increase in total income and a profit as against a loss of Rs 197 lakh in the first half-year of 2022-23.

The Company completed principal photography of one Original series this year and intends to complete another original series as well for two international streaming sites and commence work on a film.