Interworld Digital Ltd
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BSE Code:
532072
NSE Code:
Business Profile
Business Profile
Interworld Digital was incorporated in 1995. The company`s core business is information technology, software development and Web enabled services.
Interworld has experts working in key technology areas such as database design, large-scale web architecture, eCRM, e-Commerce, information publishing and graphic design.
In January 2007, Interworld released its first movie `Mr. Hot Mr.Kool` and has started the post production work of another movie scheduled to release in February 2007. Interworld Digital has recently tied up with a Norwegian company for manufacturing projectors in India.
Financials
Interworld Digital registered a profit of Rs 5.58 million for the year ended March 2008.
It recorded a net sales of Rs 310.58 million for the year ended March 2008.
Total income was Rs 310.6 million for the year ended March 2008.
The earnings per share of the company stood at Rs 0.08 for the year ended March 2008.
Recent Developments
25-APR-08
On Apr. 30, 2008 the company is launching its Vision DCC 2010 plan. The plan will cover strongly the focus on digital cinema and mobile communication, capital and leadership restructuring and implementation of highest standards of corporate governance.
The company begins its digital cinema journey by releasing YashRaj Film`s Tashan which is successfully screened digitally at Jaya Talkies, Borivali, Mumbai, which is among the largest seating capacity in Mumbai with more than 800 seats. Interworld Digital`s technology and equipment system is fully capable to handle even big single screen theaters.
Future Plans
Interworld Digital has identified 15 individual movie projects for production in 2007. The company is all set to create an international distribution network for movies and DVDs, either independently or in joint ventures with existing companies.