PhantomFX Reports Significant Revenue Surge in H1 FY 2024-25

Phantom Digital Effects Limited reported impressive financial results for H1 FY 2024-25, marking a notable 92% revenue increase. The company's strategic alliances and advanced technologies are expected to sustain growth and redefine industry standards as they expand their international presence, particularly within major entertainment markets.

Phantom Digital Effects Limited, a leading visual effects studio listed on NSE as PHANTOMFX, unveiled its unaudited financial performance for the first half of fiscal year 2024-25, showcasing substantial growth. The company recorded a total consolidated income of Rs36.65 crore, along with a commendable EBITDA of Rs16.32 crore, reflecting a robust margin of 45%. Meanwhile, the PAT stood at Rs8.27 crore, indicating a 23% margin with an EPS of Rs6.09.

The company's standalone figures also demonstrated strong performance, with total income reaching Rs35.96 crore and an EBITDA of Rs16.46 crore, marking a margin of 46%. The PAT for standalone operations was Rs8.38 crore, maintaining a 23% margin and an EPS of Rs6.17. Bejoy Arputharaj, Managing Director of PhantomFX, attributed this impressive growth to the team's dedication and the trust clients place in the company. He noted a remarkable 92% increase in revenue to Rs79 crores, emphasizing the expected billing of Rs44 crores in the second half of the fiscal year.

Looking ahead, PhantomFX has positioned itself for continued expansion, driven by technological advancements and strategic partnerships, particularly with major Chinese production houses. The firm has an extensive order book, including Rs30 crores from Tippett scheduled for H2 billing, and potential projects worth over Rs100 crores. With ongoing automation and AI-driven R&D initiatives enhancing creativity and efficiency, PhantomFX is set to sustain its growth momentum and redefine visual effects industry norms worldwide.

(With inputs from agencies.)