Phantom Digital Effects Limited Reports Robust Q1 FY 2024-25 Financial Growth

Phantom Digital Effects Limited posted strong financial results for Q1 FY 2024-25, with total income rising 13% YoY to Rs 27 crore and EBITDA surging 20% YoY to Rs 11 crore. The company attributes the growth to strategic initiatives and high-quality VFX services, securing landmark projects globally.

Phantom Digital Effects Limited, known on the NSE as PHANTOMFX, reported robust financial results for the first quarter of fiscal year 2024-25. The company, a leader in the creative visual effects (VFX) industry, saw its total income rise by 13 percent year-on-year to reach Rs 27 crore.

Managing Director Bejoy Arputharaj highlighted the impressive performance, stating, 'Our financials reflected decent growth, driven by strategic initiatives and a commitment to high-quality VFX services. EBITDA surged by 20 percent YoY to Rs 11 crore, showcasing effective cost management and operational efficiency.' Improvements in EBITDA margin by 256 basis points underscored enhanced profitability and a strong financial foundation.

PhantomFX is securing landmark projects both domestically and internationally, reinforcing its position as an industry leader. The company's advancements in automation, virtual production, and AI research aim to revolutionize the filmmaking industry, empowering filmmakers to explore new creative possibilities. These technological innovations are set to push the boundaries of visual storytelling.

(With inputs from agencies.)