Tuesday, October 15, 2024

ThinkInk Picturez Ltd. Announces Excellent Results, FY23 Revenue Jumps 170% YoY

ThinkInk Picturez Ltd. (BSE: 539310), a leading entertainment and content company, has reported excellent earnings for quarter and year ended 31 March 2023.

FY23 Financial Highlights: FY23 revenue grew by 170% to 25.28 Crores YOY, Net Profit up 47% to 4.45 Crores, Dividend of Rs. 0.15 per share.

Thinkink Picturez Ltd reported excellent results for FY23. Company reported revenue from
operations of Rs. 25.28 crore, YOY growth of 170% from revenue of Rs. 9.36 crore in FY22. Net profit for the FY23 was up 47% to Rs. 4.45 crore as against net profit of Rs. 3.03 crore (FY22).

ThinkInk Picturez Ltd. (BSE: 539310) is engaged in creating entertainment through curated quirky content with an embedded social messaged across movies, web series, TV shows, story writing etc. Professionally managed the organisation is positioned as creative production house and direction power house. Capabilities to handled end-to-end creation of entertainment across digital platforms including budgeting, scripting, cast and crew, production, post-production and distribution.

Company has an inventory of more than 50 stories which include films, web series and TV shows ready to be rolled out in partnership with renowned M&E players. Company aspires to become an integrated media house with a focus to deliver social message through innovative delivery of content and premium solutions for World’s leading companies and individual clients.

Mr. Raaj Shaandilyaa, a well-known writer in the world of comedy with an experience of over two decades is CMD of the company. Mr. Vimal Lahoti with a proven track record in formulating, financing, budgeting plans and strategies is the joint MD of the company and Mr. Krishanu Singh Rathore is the creative associate.

Earlier in FY23, the company had announced a sequel to its blockbuster film “Dream Girl” (2019) (which starred Mr. Ayushmann Khurrana, Ms. Nushratt Bharuccha, Mr. Annu Kapoor and Mr. Vijay Razz In Pivotal roles) titled as “Dream Girl 2”. The film is written and directed by Mr. Raaj Shaandilyaa (Managing Director) in association with Balaji Telefilms Limited.

The star cast of the film includes Mr. Ayushmann Khurrana, Ms. Ananya Pandey in lead roles along with Mr. Annu Kapoor, Mr. Paresh Rawal, Mr. Manoj Joshi, Ms. Seema Pahwa, Mr. Manjot Singh, Mr. Abhishek Banerjee in significant roles. The company’s core strength is comedy content which everyone in the family can sit and enjoy together.

The company’s mission is to become one of the renowned global content company from the
emerging markets. Vision of the company is to consistently provide delightful and nnovative entertainment experiences by engaging audiences and nurturing talent.

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