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UTV Q1 FY-12 Results: EBITDA Profit Of Rs 5.36 Cr For Gaming & Interactive

UTV Software , which owns businesses in films (UTV Motion Pictures), broadcasting (UTV Movies,Bindass, UTV Action, and UTV World Movies), Gaming (True Games, Ignition Entertainment and Indiagames) and Web and Mobile (UTV Interactive) has reported an EBITDA profit of Rs 5.36 crore for its Gaming and Interactive segment, for the quarter ended June 30th 2011, up from the Rs 4.01 crore loss reported last year for the same quarter. The revenues for the segment were Rs 56.18 crore, up from Rs 17.53 crore reported for the corresponding quarter for the last year. Capital employed in the segment has increased to Rs 798.95 crore, up from Rs 581.53 crore reported for Q1 FY-11. Download: Financial Report Remember that Disney is looking to acquire the complete shareholding of UTV Software, and take the company private. Disney presently holds 20,497,994 equity shares of UTV, constituting 50.44% of…

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