{"id":45998,"date":"2024-12-30T13:23:25","date_gmt":"2024-12-30T07:53:25","guid":{"rendered":"https:\/\/nationalinsight.in\/index.php\/2024\/12\/30\/phantomfx-continues-growth-momentum-with-fresh-deals-worth-inr-27-crore\/"},"modified":"2024-12-30T13:23:25","modified_gmt":"2024-12-30T07:53:25","slug":"phantomfx-continues-growth-momentum-with-fresh-deals-worth-inr-27-crore","status":"publish","type":"post","link":"https:\/\/nationalinsight.in\/index.php\/2024\/12\/30\/phantomfx-continues-growth-momentum-with-fresh-deals-worth-inr-27-crore\/","title":{"rendered":"PhantomFX Continues Growth Momentum with Fresh Deals Worth INR 27 Crore"},"content":{"rendered":"<div>\n<div>\n<p><span data-sheets-root=\"1\"><strong>Mumbai (Maharashtra) [India], December 30:<\/strong> <\/span>Phantom Digital Effects Limited(NSE:\u00a0PHANTOMFX),\u00a0a creative visual effects (VFX) studio,\u00a0has successfully secured new contracts for the period from October to December 2024. These projects, spanning both international and domestic markets, reflect the company\u2019s strong industry presence and its ability to deliver innovative solutions to global production houses.<\/p>\n<p>The total value of these contracts stands at INR 27 Crore, of which\u00a0\u20b920 crore will be recognized as revenue in the second half of Financial Year\u00a02024-25. The remaining\u00a0\u20b97 crore will contribute to the company\u2019s revenue in subsequent months. This achievement aligns with PhantomFX\u2019s revenue projections for the fiscal year 2024-25, estimated to range between INR 100 Crore and INR 110 Crore.<\/p>\n<p>Commenting on the development Mr. Bejoy Arputharaj, Managing Director, Phantom Digital Effects Limited said, \u201cThese contracts mark a significant milestone in our journey of growth and success. The trust placed in us by our clients reaffirms our commitment to delivering high-quality, reliable, and scalable VFX solutions. With revenue recognition expected in the upcoming quarters, we are confident in achieving our financial goals for the fiscal year. We will continue pushing boundaries to meet and exceed client expectations.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], December 30: Phantom Digital Effects Limited(NSE:\u00a0PHANTOMFX),\u00a0a creative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45999,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1312],"class_list":["post-45998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/posts\/45998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/comments?post=45998"}],"version-history":[{"count":0,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/posts\/45998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/media\/45999"}],"wp:attachment":[{"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/media?parent=45998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/categories?post=45998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalinsight.in\/index.php\/wp-json\/wp\/v2\/tags?post=45998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}