K Sera Sera Q2 PAT up at Rs 39.72 cr

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K Sera Sera Q2 PAT up at Rs 39.72 cr

K Sera Sera Productions has announced its Q2FY10 results. Its profit after tax (PAT) was up at Rs 39.72 crore versus Rs 16.8 crore.

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K Sera Sera Productions has announced its Q2FY10 results. Its profit after tax (PAT) was up at Rs 39.72 crore versus Rs 16.8 crore.

Revenue went up to Rs 112.3 crore from Rs 44.88 crore while operating profit margin declined to 35.49% versus 40%.

Topline grew 100%+. Total expenditure increased 169% to Rs 72.47 crore resulting in margin depression.

PAT grew due to higher topline and savings in interest cost, which was down to Rs 1 lakh versus Rs 98 lakh.

It has successfully completed placement of 44 lakh GDR at $6.7 per GDR.

The company has passed a proposal to own an IPL team, has already informed BCCI.

It is planning to invest Rs 20 crore in the internet portal business by March end. It has already invested Rs 15 crore.

Successfully launched portal this quarter and is planning to launch 4 more by the end of this quarter.