Media services company Prime Focus expects its revenue to grow by 5-10 percent on year-on-year basis, said Nishant Fadia, CFO of the company.
“We should comfortably be above 20-22 percent range. As a policy, we do not give revenue guidance, but we see revenue going up 5-10 percent on a year-on-year basis,” said Fadia.
According to Fadia, the company will be able to bring down the debt to half over the next few quarters.
On the company’s arm winning 5th Oscar for VFX, he further said that it reflected more recognition in the industry.