Tag Archive for fourth

UFO Moviez’ Franchise brand NOVA Cinemaz launches its fourth multiplex in Punjab – OHM ORBIT NOVA CINEMAZ


By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

UFO Moviez, India’s largest digital cinema distribution network and in-cinema advertising platform, recently launched its franchise brand NOVA Cinemaz’ thirteenth multiplex, OHM Orbit NOVA Cinemaz. Located in Sanjeev Chowk, Fazilka, Abohar, Punjab, the two-screen property is a one-stop solution for entertainment for local movie buffs and has a total seating capacity of 374 seats. With this addition, NOVA Cinemaz strengthens its growth in Punjab with nine screens in four properties. Super hit movies, Ashke (Punjabi), Mulk and Fanney Khan (Hindi) were showcased in its opening week. Read more

KPIT Fourth Quarter Results FY 2018


By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

KPIT (BSE:  532400; NSE: KPIT), a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy and Utilities companies, today reported its consolidated financial results for the fourth quarter and fiscal year ended March 31, 2018.


Highlights for the quarter ended March 31, 2018

  • Q4 FY18 PAT at ₹760 Million, a Q-o-Q growth of 23.2%, Y-o-Y growth of 41.6%
  • Q4 FY18 reported EBITDA at 11.4%, Operational EBITDA without transaction expenses at 12.7%
  • Q4 FY18 ₹ Revenue up by 6% Q-o-Q and 12.6% Y-o-Y
  • Net Cash Balance as at March 31, 2018 stood at ₹3.18 Billion (₹0.77 Billion as at March 31, 2017)
  • FY19 Growth Outlook of 8% – 10% in USD Revenue


Management comments


Commenting on the performance of Q4 FY18, Ravi Pandit, Co-founder, Chairman & Group CEO, KPIT said, “We are encouraged by the revenue growth during the quarter, led by engineering and certain segments of Business IT viz. Digital and ePLM. We will continue to invest in future technologies relevant for our customers. We are progressing well on the Merger-Demerger transaction, with all regulatory filings on track.” Read more

FIRST AID KIT’s Fourth Studio LP “Ruins” Is Out Now


By  K Ashwin  Mobile: 09920183006  Email:indianshowbusiness@gmail.com

First Aid Kit’s fourth studio album Ruins is available now via Columbia Records. The 10-track LP was produced by Tucker Martine and recorded at Flora Studios in Portland, OR with accomplished and talented musicians such as REM’s Peter Buck, Wilco’s Glenn Kotche, and Midlake’s McKenzie Smith. Ruins includes previously released tracks “Postcard,” “Fireworks,and “Ruins” as well as lead single “It’s A Shame,” which Stereogum calls “a brightly polished folk-rock gem” and Rolling Stone names “[a] Dylan-meets-Emmylou Harris shot of country-rock sunshine.” “Fireworks” is another standout track from the albumand has been praised by The New York Times, Stereogum, SPIN, and more. Paste proclaims the song is “another gorgeous glimpse of First Aid Kit’s new record” and Consequence of Sound commends “Fireworks” as the track “that truly captures the Swedish duo’s heartrending spin on melancholic Americana.” See full track listing below. Read more