The maker of the Grand Theft Auto video games, Take-Two Interactive Software has announced its third-quarter profit results. The profits have been better than expected because of the good sale of its latest video game called Red Dead Redemption.

Red Dead Redemption game has been made by Rockstar Games, and since its release four years back, a total of 6.9 million copies have been sold out. The game theme is based on the Wild West of early 20th century and is widely appreciated by the critics.

According to a statement issued by the Company, barring some products, the overall profit has been reported to be 28 cents per share.

Take-Two has predicted that in 2011, the profits will be around 60 to 70 cents per share.

Take-Two has estimated its fourth-quarter non-GAAP earnings to be 20 to 30 cents per share and overall income to be around $270 million and $320 million. It is also hopeful that the profit will keep on increasing by the sale of its Western-themed video game.

The Company mentioned that it is planning to reorganise its server and storage business for the present quarter. It also wishes to bring down its non-GAAP earning outlook for the whole year.