Basilic Fly Studio Profit Skyrockets! Doubled Earnings Fueled by AI & Netflix Deals!

Basilic Fly Studio has announced a significant financial performance for the September quarter, with its net profit more than doubling to ₹15 crore. This surge was accompanied by a 65% increase in income, reaching ₹95 crore, and a substantial 107% jump in EBITDA to ₹21 crore. To fuel its next phase of growth, the company successfully raised ₹85 crore through a Qualified Institutional Placement (QIP). These funds are earmarked for AI advancements, technology investments, and organic growth strategies.

The company is actively progressing with its technological integration, with Phase II now in full swing. To support expansion, Basilic Fly Studio has bolstered its team by hiring four senior leaders in business development and five in operations leadership, aiming to drive growth across India and overseas. A new Bengaluru branch is also being launched ahead of schedule, leveraging cost arbitrage opportunities.

Strategic integration with its global subsidiary, One of Us, is proving fruitful. The company highlighted a growing project pipeline and new global mandates, including another major engagement with Netflix. The appointment of Adrian De Wet as Visual Effects Supervisor and Creative Director in Los Angeles further strengthens its North American presence.

Vision 2026-27 outlines the company's ambition to build a multi-location, AI-augmented VFX network that combines creative excellence, advanced automation, and global delivery strengths for sustainable growth.

Impact This news indicates strong operational execution and significant growth potential for Basilic Fly Studio. The successful fundraising, expansion plans, and continued business with major global clients like Netflix suggest increased market confidence and financial stability, which could positively impact its stock performance. The focus on AI integration positions the company for future technological leadership in the VFX industry. Impact Rating: 7/10

Difficult terms: EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's operating performance. Qualified Institutional Placement (QIP): A method for publicly listed companies to raise capital by issuing equity shares or other securities to a select group of qualified institutional buyers. AI advancement: The use of Artificial Intelligence to improve capabilities, automate processes, or drive innovation. Organic growth initiatives: Business expansion achieved through increasing output and sales from the company's own operations, rather than through mergers or acquisitions. VFX: Visual Effects. The process by which imagery is created or manipulated outside the context of a live-action shot in filmmaking and video production. Cost arbitrage: Exploiting price differences between markets or methods to achieve cost savings. Vision 2026-27: A company's long-term strategic plan outlining its goals and objectives for the period from 2026 to 2027.