The company’s management is optimistic about growth due to the return of movie audiences and the limited number of alternative big-screen options for advertisers. Additionally, the company’s recent tie-up with TSR Films expands its network to southern markets and unlocks the potential for higher ad sales per screen. While reaching pre-pandemic ad revenue levels from Central Government spending might be difficult, UFO Moviez India is confident in its ability to make up for the shortfall by selling more ad space and increasing advertising rates.
Disclaimer: The article is for informational purposes only and not investment advice.
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