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PhantomFX Continues Growth Momentum with Fresh Deals Worth INR 27 Crore

Mumbai (Maharashtra) [India], December 30: Phantom Digital Effects Limited(NSE: PHANTOMFX), a creative visual effects (VFX) studio, has successfully secured new contracts for the period from October to December 2024. These projects, spanning both international and domestic markets, reflect the company’s strong industry presence and its ability to deliver innovative solutions to global production houses. The total value of [...]

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Dec 30, 2024 • 1:39 PM

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“PhantomFX Continues Growth Momentum with Fresh Deals Worth INR 27 Crore”

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30 Dec 2024

PhantomFX Continues Growth Momentum with Fresh Deals Worth INR 27 Crore

Mumbai (Maharashtra) [India], December 30: Phantom Digital Effects Limited(NSE: PHANTOMFX), a creative visual effects (VFX) studio, has successfully secured new contracts for the period from October to December 2024. These projects, spanning both international and domestic markets, reflect the company’s strong industry presence and its ability to deliver innovative solutions to global production houses.

The total value of these contracts stands at INR 27 Crore, of which ₹20 crore will be recognized as revenue in the second half of Financial Year 2024-25. The remaining ₹7 crore will contribute to the company’s revenue in subsequent months. This achievement aligns with PhantomFX’s revenue projections for the fiscal year 2024-25, estimated to range between INR 100 Crore and INR 110 Crore.

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