Latest news with #Rs72
Business Standard
02-06-2025
- Business
- Business Standard
Phantom Digital Effects Limited Secures New High-Value Contracts, Poised for Significant Revenue Growth and Market Expansion in FY25-26
PNN Chennai (Tamil Nadu) [India], June 2: Phantom Digital Effects Limited (NSE: PHANTOMFX), a leading name in the global visual effects (VFX) industry, has secured new high-value contracts worth Rs72 Crores for the current year. These projects are expected to be completed by the fourth quarter of FY25-26, with the total value potentially rising to Rs110 Crores, including projects that are currently in final stages of bidding or about to be awarded. These new deals span both international and domestic markets and mark a significant milestone in the company's growth journey. PhantomFX's recent expansion into the U.S. and China is already showing strong results, while the company continues to maintain its solid presence in the Indian market. This momentum reflects the company's consistent focus on acquiring new business through strategic expansion and targeted acquisitions. It also highlights PhantomFX's ability to deliver world-class VFX solutions to top production houses around the world. With this strong pipeline, PhantomFX is well-positioned for substantial revenue growth and increased market presence in FY25-26. These wins further strengthen its position as a trusted and capable partner in the fast-growing global VFX industry. FY25 Key Financial Highlights (Consolidated) Total Income: Rs104.37 Crores EBITDA: Rs39.69 Crores Net Profit: Rs20.20 Crores "With rising global demand and exciting new projects, PhantomFX is entering a new growth phase," said Mr. Bejoy Arputharaj S, Managing Director, Phantom Digital Effects Limited, "The global VFX industry is experiencing strong growth, fueled by the revival of content production across films, OTT platforms, and gaming. As studios ramp up their pipelines to meet increasing audience demand, there is a clear shift toward high-quality, large-scale visual effects. This trend is creating new opportunities for skilled VFX studios that can deliver creativity at scale with reliability and speed. PhantomFX is well-positioned to benefit from this industry momentum. Our reputation for precision, innovation, and timely execution has made us a preferred partner for high-value projects, both in India and international markets. We are currently in advanced discussions for several large projects that will span multiple production cycles, requiring robust planning and resource deployment. To meet this rising demand, we are actively investing in expanding our talent base, strengthening infrastructure, and exploring strategic partnerships. Our consistent performance and reputation for quality have helped us build a strong project pipeline, and with significant billing expected in the coming months, we remain confident about accelerating our growth and reinforcing our position as a leading global VFX partner. About Phantom Digital Effects Limited PhantomFX (NSE: PHANTOMFX) is a leading creative visual effects (VFX) studio offering end-toend services for film, web series, and commercials. The company holds the prestigious Certified Trusted Partner Network (TPN) designation. The company's headquarters are located in Chennai, India, with additional offices in the United States and Canada. PhantomFX is strategically located in three key Indian cities, namely Mumbai, Chennai, and Hyderabad, and extends its global reach through a wholly-owned subsidiary in the UK and administrative offices in Los Angeles, Vancouver, Montreal, and Dubai, facilitating seamless coordination with clients across different time zones. The company is co-founded by a team of creative-driven professionals capable of managing complex and scalable VFX production tasks, delivering high-quality, industry-standard content for clients. With an impressive clientele and extensive industry experience, PhantomFX has earned the trust of clients, positioning itself as one of India's most reliable visual effects providers. The Company got listed on NSE Emerge platform in October 2022. Disclaimer Certain statements in this release are forward-looking and subject to risks and uncertainties, including but not limited to market conditions, economic developments, talent availability, and client-side delays. Phantom Digital Effects Limited undertakes no obligation to update forward-looking statements to reflect future events or circumstances. For Further Information Please Contact Corporate Communication Advisor AKMIL Strategic Advisors Private Limited Mr. Milind Apte - Director milind@ +91 98209 41925
Time of India
02-06-2025
- Time of India
Op Thunder: Hookah parlours raided at 3 locations, 36 held
Nagpur: In a major crackdown on illegal hookah parlours across the city, the city police raided three locations, arrested 36 individuals and seized material worth Rs1.50 lakh under 'Operation Thunder' which continued on Saturday past midnight. CP Ravinder Singal has also issued a 24-hour ultimatum to all illegal hookah parlours, e-cigarette shops and other illicit operations to cease activities immediately or face severe consequences, including long-term closure, sealing of premises, and seizures. The raids, spearheaded by the anti-narcotics cell under senior inspector Gajanan Gulhane, were executed in collaboration with Sitabuldi and Ambazari police stations. The first raid targeted a café and lounge in Gokulpeth, under Sitabuldi police station jurisdiction, where 28 individuals were caught using hookah. The police seized 14 hookah pots, hookah flavours, cylinders, pipes and other material valued at Rs30,000. The second raid was conducted at a café near Laxmi Bhuvan Chowk, under Ambazari police limits, where six individuals were apprehended. The cops confiscated 15 hookah pots, 13 chillums, 22 pipes, hookah flavours, a laptop and other items, in all worth Rs72,370. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo In the raid at another café near Laxmi Bhuvan Chowk, one of its owners and one worker were detained. Items seized included 17 hookah pots, 33 pipes, hookah flavours, a laptop and other material valued at Rs47,060. CP Singal told The Times of India, "All illegal hookah parlours, shady joints or establishments offering prohibited services or selling banned items like e-cigarettes and flavoured tobacco must shut down within the next 24 hours. If our teams raid these premises after this deadline, they will face severe actions, including long-term closures and sealing of properties. Last week, crime branch teams raided 17 locations across Nagpur in a crackdown on illegal storage, supply and sale of imported e-cigarettes, prohibited flavoured tobacco and other banned substances. The operation, conducted under the guidance of CP and DCP (crime) Rahul Maknikar, led to the seizure of material worth over Rs43 lakh. Offences were registered against 26 individuals across 13 police stations. The Nagpur police have urged citizens to report any illegal hookah parlours, drug sales or consumption, assuring that identity of the informant will be kept confidential. "We are committed to making Nagpur a safer city. Public cooperation is vital in this fight against illegal activities," said a police spokesperson.
Time of India
20-05-2025
- Science
- Time of India
Two more corporation schools in Coimbatore identified for AR & VR labs
Coimbatore: The civic body has identified two more corporation schools for setting up the augmented reality and virtual reality (AR & VR) labs. The city corporation had in the current financial year budget proposed to build five such labs at the corporation schools a cost of Rs3.5 crore, after the augmented reality and virtual reality labs set up at the Corporation Girls High School at Sidhapudur and SRP Ammaniammal Girls Higher Secondary School at RS Puram at a cost of Rs72 each on a pilot basis yielded positive responses from the student fraternity and the faculty. Tired of too many ads? go ad free now The labs offer an interactive learning method with a 360° view and a three-dimensional effect. Complex scientific topics, including the antonym of heart, plant cell and others, are simplified for better understanding. The education department's plan is to set up the five proposed AR & VR labs in as many corporation higher secondary schools. In the first phase, P Kamalanathan Memorial Higher Secondary School in ward 43 and Corporation Higher Secondary School at Peelamedu in ward 26 have been selected to set up the labs at a cost of Rs82 lakh and Rs83.50 lakh, respectively. The civic body had passed a resolution in this regard at the recently held council meeting. According to corporation commissioner M Sivaguru Prabhakaran, the construction work would be carried out from the civic body's school education fund. "The cost for these two labs is a little high as they will occupy a large area to accommodate a larger number of students."
Express Tribune
21-02-2025
- Business
- Express Tribune
CM unveils plans for girls free education in K-P
Khyber-Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur has announced plans to make education completely free for female students in the province, emphasizing that only an educated mother can create an educated and civilized society. He attended a convocation of the University of Engineering and Technology (UET) Peshawar on Friday as Chancellor and awarded degrees and gold medals to graduates. A total of 555 graduates received Bachelor, Masters, and PhD degrees, while 23 outstanding graduates were honored with gold medals. Minister for Higher Education, Meena Khan Afridi, UET faculty and management, graduates and their parents, also attended the convocation. In his address, the chief minister felicitated the graduates, their parents, faculty members and expressed his best wishes for the graduates and encouraged them to work hard in their respective fields to bring pride to the province and the country. The CM urged the graduates to pursue research and technology, as these fields offer vast opportunities. He also mentioned that significant efforts are being made to promote the industrial sector in the province to create employment opportunities for graduates. Furthermore, he announced that the upcoming budget would include a loan scheme for doctors, engineers and other professionals, enabling them to establish their own startups and companies instead of seeking jobs, thereby generating employment for others. During his speech, Gandapur highlighted that the provincial government has established a seed fund for scholarships and is providing opportunities for students to study abroad on scholarships. Similarly, efforts are also underway to provide free education opportunities to orphan children. The CM said that his government inherited financial challenges in various sectors but is working hard to overcome them and make institutions self-sufficient. When the incumbent government assumed power, universities faced liabilities of Rs72 billion, which have now been reduced to Rs24 billion. He assured that a new mechanism is being developed to resolve salary and pension payment issues in universities, ensuring that they become self-sustainable. Gandapur expressed his pride in UET Peshawar, terming it a prestigious institution not only for the province but for the entire country. He praised the university for producing renowned professionals in engineering and technology and for adapting to modern demands by introducing new programs.
