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Asian CERC and Ashtavinayak Cine Vision Results

June 11, 2007

Net profit of Asian CERC Information Technology rose 239.13% to Rs 0.78 crore in the quarter ended March 2007 as against Rs 0.23 crore during the previous quarter ended March 2006. Sales rose 74.90% to Rs 4.18 crore in the quarter ended March 2007 as against Rs 2.39 crore during the previous quarter ended March 2006.

For the full year, net profit rose 52.60% to Rs 2.64 crore in the year ended March 2007 as against Rs 1.73 crore during the previous year ended March 2006. Sales rose 57.03% to Rs 13.96 crore in the year ended March 2007 as against Rs 8.89 crore during the previous year ended March 2006.

Shree Ashtavinayak Cine Vision reported net profit of Rs 5.46 crore in the quarter ended March 2007. Sales reported at Rs 8.40 crore in the quarter ended March 2007.
For the full year, net profit rose 89.56% to Rs 14.16 crore in the year ended March 2007 as against Rs 7.47 crore during the previous year ended March 2006. Sales rose 59.21% to Rs 96.07 crore in the year ended March 2007 as against Rs 60.34 crore during the previous year ended March 2006

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