Phantom Digital Effects Limited — New Orders, 27-12-2024: Bagging/Receiving of orders/contracts

Phantom Digital Effects Limited has provided an update indicating that it has secured cumulative contracts valued at ₹27.00 Crore, primarily for offering VFX services to both domestic and international clients. The contracts include a significant execution timeline, with ₹320 Crore scheduled for completion in the 2024-25 fiscal year and an additional ₹7 Crore to be executed in subsequent months. Notably, there are no interests from promoters or related parties associated with these contracts. This expansion signifies a positive outlook for the company, highlighting growth opportunities in the VFX sector and reinforcing its competitive positioning within the industry. Investors should monitor the execution of these contracts for potential positive impacts on future revenue.