Parent company of BVI-domiciled UTV International Holdings reports third quarter unaudited financial results

Indian media & entertainment company UTV Software Communications Ltd., which is a holding corporation for British Virgin Islands-registered UTV International Holdings Limited, has issued unaudited financial results for the third quarter of the year ended September 30, 2007. The financial report is published on October 25, 2007, all the amounts in the report are given in Rupees thousands.

According to the information published, half a year consolidated unaudited revenues increased from 911,252 on 30 September 2006 to 1,306,332 on September 30, 2007, – that is more that 43% growth.

Half a year consolidated Profit Afer Tax increased from 74,650 on 30 September 2006 to 266,517 in the same period of 2007, – meaning more than 2.5 times growth from year to year.

Earnings per share, both basic and diluted, made 3.48 (in Rupees) for the period on September 30, 2006, and 8.94, for the same period of 2007.

The consolidated results include also Indian company’s subsidiaries UTV Communications Ltd., UTV Communications Ltd., UTV Motion Plc, UTV Broadcasting Ltd., as well as its step down subsidiaries.

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