Digital cinema distribution network and in-cinema advertising platform UFO Moviez today reported a 25.9 percent dip in consolidated net profit at Rs 9.82 crore for the June quarter.
A 30 percent growth is ad revenue growth is what UFO is targeting for FY17, says Kapil Agarwal, Joint MD, of the company.
Kapil Agarwal, Joint Managing Director, UFO Moviez says there is scope to improve ad minutes per screen from the current duration of 4 minutes.