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Sep09 Results Digest: Reliance Mediaworks (Adlabs), CDIL, Tata Comm & Pyramid Saimira

Reliance Mediaworks Financials Reliance ADAG group's Reliance Mediaworks, previously Adlabs, has reported a consolidated net loss of US$ 2.3 million for the quarter ending September 2009 better than the previous quarter loss of US$ 13.6 million. Film and Media Service's revenue increased by 64 percent to US$ 10 million compared to the last quarter and revenues from BIG Synergy, television production venture, and BIG Cinemas were US$ 6.25 million and US$ 24 million respectively. As a standalone, total income was reported to be US$ 23 million almost US$ 10 million more compared to income ending June 2009 . EBITDA as reported was US$7.2 million as against the loss of US$ 1.8 million in the last quarter. Business Operations BIG Cinemas at present has a network of 480 screens across India, Malaysia and Netherlands and also reopened Odeon Theatre in Connaught…

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