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Crest Studios Reports Loss in Latest Quarter

India’s Crest Animation Studios reported a net loss of five million rupees in the quarter ended December 31, compared to a loss of six million rupees in the same period a year ago, Indiantelevision reports. Crest revenues jumped 34% in the quarter to sixty-seven million rupees. For the nine months ended in December, Crest reported a net profit of six million rupees against a loss of thirty-six million rupees in the same period a year ago.

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