Regulatory Announcement

 
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RNS Number : 8724F
Indian Film Company Limited (The)
20 January 2010
 
 
Press Release                                                                                                          20
January 2010
The Indian Film Company Limited
("IFC" or the "Company")
 Network 18 Declares Quarterly Results for Quarter Ended 31 December 2009
The Indian Film Company Limited (AIM:IFC), a leading Bollywood film investment company, announces that Network 18 Media and
Investments Limited ("Network 18"), the parent company of IFC, will be releasing  its quarterly results to the BSE and NSE
in India tomorrow. These will be available on Network 18's website, www.network18online.com.
The financial information presented in Network 18's quarterly results includes information based upon IFC's management
accounts which have been prepared on the basis of Indian GAAP. The revenue figure being reported for IFC for the period
from 1 October 2009 to 31 December 2009 in Network 18's quarterly results is INR 316.38 million (£4.16 million).
Based upon IFC's management accounts prepared on the basis of IFRS, the revenue figure for the quarter ended 31 December
2009 is £4.16 million.
The Network 18 quarterly results also include the following operational highlights in respect of IFC:
- The films slated for release, in the fourth quarter of the current financial year are "Striker", "Road Movie", "Kaun
Bola" and "Banda yeh Bindaas hai"
- The Company signed up deals worth INR 240 million for satellite syndication of films in its library
- The Company's productions and co-production projects are at various stages of completion and are progressing as
scheduled. 
 
 For further information, please contact: The Indian Film Company Limited www.theindianfilmcompany.com Sandeep Bhargava                                  Tel: +91 22 6629 1723 Grant Thornton Corporate Finance (Nominated Adviser) Fiona Kindness                                            Tel: +44 20 7383 5100 Elara Capital plc (Broker) Henry Burrows/Mary Phelan Tel: +44 20 7486 9733   Pelham Public Relations Alex Walters/Francesca Tuckett              Tel: +44 20 7337 1500    
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
 
 
The Indian Film Company Limited 
 
www.theindianfilmcompany.com 
 
Sandeep Bhargava 
 
Tel: +91 22 6629 1723 
 
Grant Thornton Corporate Finance (Nominated Adviser) 
 
Fiona Kindness 
 
Tel: +44 20 7383 5100 
 
Elara Capital plc (Broker) 
 
Henry Burrows/Mary Phelan 
 
Tel: +44 20 7486 9733 
 
Pelham Public Relations 
 
Alex Walters/Francesca Tuckett 
 
Tel: +44 20 7337 1500 
 
Notes to Editors
The Indian Film Company Limited is a specialist film investment company which was admitted to trading on the AIM market in
June 2007 and raised £55 million in order to invest in a diverse portfolio of Indian films targeted at the Indian audiences
across varying genre, language and budgets. The Company is managed by Film Investment Managers (Mauritius) Ltd., which is
jointly and equally owned by Viacom Inc. and BK Media Mauritius PVT. BK Media Mauritius PVT is owned by Raghav Bahl, the
founder and controlling shareholder of Network 18.
This information is provided by RNS
The company news service from the London Stock Exchange