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Cinerad Communications Limited
Sector:Others Others - Miscella - Others
BSE:530457NSE:NABloomberg:CNRC@INReuters:CINC.BO
Market Lot: 1Face Value: 10ISIN Demat: INE959B01017
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21-Dec-2007
Business Profile
Cinerad Communications (CINERAD) was incorporated on Sep. 17, 1986 as a private company. The Company was involved in the production of advertising films. Its client base included corporate entities from various segments of industry. Cinerad Communications produced two India Tourism commercials for McCann Direct, New York, a division of McCann Erickson, currently one of the largest advertising agencies in the world.

In 1993, the focus of the Company's activities changed from the production of advertising films to the planning and establishment of a Digital Video Editing and Computer Graphics Facility. In 1997, Studio Mirage, a unit of Cinerad Communications entered into a strategic alliance with Prasad Corp's EFX of Mumbai, to provide world class digital effects for the Mumbai film industry. CINERAD entered into an agreement with Tektronix (India) for the setting-up of the Heavy works Non-Linear Film Editing System at Studio Mirage. Cinerad Communications is based at Mumbai, India.


Financials
Cinerad Communications announced that loss for the quarter ended in September 2007 has narrowed.
Total income rose 4.76% to Rs 0.22 million for the quarter ended September 2007 from Rs 0.21 million for the quarter ended September 2006.

The losses per share (LPS) of the company stood at Rs 0.13 in the quarter ended September 2007.


Recent Developments
18-SEP-03
Cinerad Communications 50 minutes film titled "The Taj of Apollo Bunder " produced by the company and directed by its promoter-director Zafar Hai has been unveiled recently. The film commissioned by the Indian Hotels Company commemorates a 100 years of the Taj Mahal Hotel, Mumbai. Cinerad has also recently completed a corporate film for A V Birla group and is currently engaged in shooting one for the Essar group.




In Brief

 
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