This year Bollywood has churned out a plethora of movies utilising visual effects (VFX) as an effective instrument to enhance their stories. The latest to join the bandwagon is Vipul Amrutlal Shah's Action Replayy. Based on a musical play, the flick brought in a retro Diwali for families who thronged PVR on a sparkling Friday leaving the audiences in splits with its witty gags. The film left spectators blushing and beaming which was evident in the faces of those who ventured out of their thrones for munchies at intermission.

Accel Transmatic Ltd (ATL), a listed company in BSE, which has one of the fastest growing animation company in India has recorded a revenue growth of 58 % at Rs 613 Lakhs in the quarter ended as on 30th September, 2010, on a consolidated basis compared to Rs 389 Lakhs in the corresponding quarter in the previous year. The company made a nominal profit Rs 17.87 Lakhs as against a loss of Rs 146 Lakhs for the corresponding quarter in the previous year.

Accel Animation Studios, a division of ATL had posted revenue of Rs 131 Lakhs for the quarter ended as on 30th September, 2010, up by 21% from Rs 102 Lakhs in the corresponding previous period.