ITV

Tag: Grand Masti

  • Q1-2016: Balaji Telefilms’ net down 80% at Rs 2.08 crore; revenue down 45%

    Q1-2016: Balaji Telefilms’ net down 80% at Rs 2.08 crore; revenue down 45%

    MUMBAI: Balaji Telefilms Limited (BTL) reported lower consolidated profit after tax (PAT) (less than one-fifth) in the quarter ended 30 June, 2015 (Q1-2016) at Rs 2.09 crore (2.8 per cent margin), which was down 80 per cent as compared to the Rs 10.56 crore (7.8 per cent margin) in Q1-2015 and less than one-fourth the PAT of Rs 9.54 crore (12.3 per cent margin) in the immediate trailing quarter.

     

    BTL reported 44.8 per cent drop in consolidated total income from operations (TIO) in Q1-2016 to Rs 74.64 crore as compared to the Rs 135.34 crore in Q1-2015. The company’s Q1-2016 TIO dropped 2.6 per cent as compared to the Rs 76.94 crore in the immediate trailing quarter.

     

    Note:  (1)100,00,000 = 100 lakh = 10 million = 1 crore

    (2) All numbers are consolidated unless stated otherwise.

     

    Television segment

     

    BTL’s television segment reported 57 per cent growth in revenue from operations at Rs 68.46 crore in the current quarter as compared to the Rs 43.50 crore in Q1-2015 and 15 per cent more than the Rs 59.51 crore in Q4-2015.

     

    The segment reported a 62 per cent growth in PAT to Rs 4.51 crore as compared to the Rs 1.96 crore in the corresponding year ago quarter. PAT in Q4-2015 was however more than double at Rs 9.61 crore. Consolidated EBIDTA in the current quarter was Rs 4.97 crore as compared to the Rs 14.71 crore in Q1-2015.

     

    The segment’s cost of production shot up by 54 per cent in the current quarter to Rs 55.21 crore as compared to the Rs 35.77 crore in Q1-2015 and was 23 per cent more than the Rs 44.91 crore in Q4-2015, though the company had shot more commissioned programming hours in Q4-2015 than in the current quarter.

     

    The company’s television segment reported revenue of Rs 52.76 crores from 240.5 hours of commissioned programs as compared to the Rs 42.57 crore for 208 commissioned hours in Q1-2015 and revenue of Rs 59.51 crore for 258 commissioned hours in Q4-2015. The number of commissioned hours does not include Nach Baliye. Revenue per hour for commissioned programs in Q1-2016 increased 7.4 per cent to Rs 21.94 lakh as compared to the Rs 20.42 lakh in Q1-2015, but was 4.9 per cent lower than the Rs 23.06 lakh in the immediate trailing quarter.

     

    UPCOMING TELEVISION SHOWS

     

    BTL is gearing up to launch four new shows across four general entertainment channels (GECs) in 2015. The first show is a finite series of 130 episodes, which will be aired from Monday to Friday on Sony beginning second week of September. The second show is a daily fiction serial to be aired on Star Plus from Monday to Saturday from the second week of September. The newest GEC &TV from the Zee Entertainment Enterprises stable will air a new Balaji fiction daily from Monday to Friday by end September. On the other hand, Colors will air a finite show called Nagin comprising 26 episodes of one hour programming, which will be aired on Saturday and Sunday by end October this year.

     

    Additionally, the company is also in talks with GECs for various non-fiction ideas.

     

    UPCOMING MOVIES

     

    BTL has multiple films namely Grand Masti, XXX, Kya Kool Hai Hum 3 and Udta Punjab on the floor. These are either in the post production stage or are nearing completion. The company is looking at releasing these in Q3 or Q4 of the current financial year if schedules stand. Another biopic Azhar is expected to be released in Q1-2017, while shooting is also in progress for a superhero film Flying Jat.

  • Riteish Deshmukh to star in ‘Masti 3’

    Riteish Deshmukh to star in ‘Masti 3’

    MUMBAI: The actor, who had earlier claimed that he won’t be doing any sex comedies, suddenly seems to have had a change of heart. We’re talking about Riteish Deshmukh, who has been a part of all the series of the film Masti.

     

    Word is that Deshmukh will be seen playing one of the leads in Masti 3.

     

    While the first instalment of this series was a sleeper hit, Grand Masti became the first sex comedy to enter the Rs 100 crore club in Bollywood.

     

    After the successful series, its makers have been toying with the idea of a third instalment, and the actor has found the script interesting and impactful.

     

    Excited about the latest turn of events, director Indra Kumar stated in a report that Deshmukh was really convinced about the film when he heard the script and also expressed his happiness over collaborating with him once again.

  • Eros International reports higher income, profit in Q3-2014

    Eros International reports higher income, profit in Q3-2014

    BENGALURU: Eros International Media Limited (Eros) posted 17.2 per cent y-o-y consolidated operating income at Rs 432.68 crore in Q3-2014 as compared to the Rs 369.33 crore in last year’s quarter and was more than double (2.15 times) the operating income of Rs 201.05 crore in the immediate trailing quarter. Over the nine month period that ended 31 December, 2013, Eros reported a 4.2 per cent drop in operating income from Rs 855.63 crore to Rs 820.05 crore in the corresponding period of the previous year. Operating Income for FY 2013 was Rs 1067.95 crore.

     

    The company’s PAT in Q3-2014 at Rs 91.99 was 41.1 per cent higher as compared to the Rs 65.2 crore in Q3-2013 and also more than double (2.48 times) the Rs 36.97 crore in Q2-2014. YTD, PAT for the current quarter was up by 29 per cent to Rs 158.30 crore as compared to Rs 122.71 crore in last year’s nine month period. For FY 2013, Eros reported PAT of Rs 154.53 crore.

     

    Eros Managing Director Sunil Lulla said, “The company has showcased its success with releases such as Ram Leela, R…Rajkumar, Grand Masti, Raanjhaana, Krissh 3 (Overseas), Yeh Jawaani Hai Deewani (Overseas) and Phata Poster Nikla Hero (Overseas). These releases are continuously being monetised over several distribution platforms. With a diversified mix of high budget and moderately budgeted-high concept movies in our future movie stale, we believe that we will exhibit sustained success in the future as well.”

     

    Let us look at the other Q3-2014 figures reported by Eros:

     

    Consolidated total expense for Q3-2014 at Rs 298.4 crore was 6.5 per cent more than the Rs 280.27 crore in Q3-2013 and almost double (1.97 times) the expense of Rs 151.16 crore in the immediate trailing quarter. Year-to-Date (YTD), Eros reported expense of Rs 597.64 crore, which was 11.6 per cent lower than the Rs 675.95 crore in the corresponding nine month period of last year. In FY 2013, Expense was Rs 848.13 crore.

     

    Earnings before Income & Tax (EBIT) reported by the company for Q4-2014 at Rs 135.25 crore was up by 50.5 per cent as compared to the EBIT of Rs 89.86 crore in Q3-2013 and also more than double (2.68 times) the Rs 50.31 crore in Q2-2014. YTD, EBIT at Rs 231.69 crore was 25.6 per cent more than the Rs 184.47 crore in the corresponding nine months of the previous year. For FY 2013, Eros EBIT was Rs 226.22 crore.

     

    Eros Finance cost for Q3-2014 at Rs 7.39 crore was almost triple (2.84 times) the Rs 2.6 crore in Q3-2013 and 19.2 per cent more than the Rs 6.2 crore in Q2-2014. YTD, the company’s finance cost was more than double (2.44 times) at Rs 18.2 crore as compared to the Rs 7.44 crore in the corresponding nine months of the previous year. In FY 2013, Eros paid finance costs of Rs 9.22 crore.

     

    The company says that 41 films (15 Hindi, 25 Tamil and 1 other regional) were released during the nine month of FY 2014 as compared to 60 (26 Hindi, 32 Tamil and 2 other regional) films in during nine month FY 2013. It says that strong theatrical revenues during 9M FY 2014 have showcased the success of overseas releases, namely: Ram Leela, R…Rajkumar, Grand Masti, Raanjhaana, Krissh 3, Yeh Jawaani Hai Deewani and Phata Poster Nikla Hero.

     

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  • Despite lower income, releases in Q1-2014 help Eros post higher PAT for Q2-2014

    Despite lower income, releases in Q1-2014 help Eros post higher PAT for Q2-2014

    BENGALURU:  Eros International Media Limited (Eros) posted 12.8 per cent lower revenue for Q2-2014 at Rs 201.47 crore as compared to the Rs 231.05 crore for Q2-2013 and 3.7 per cent higher than the Rs 194.2 crore for Q1-2014. However, Eros’s PAT (after minority) for Q2-2014 at Rs 36.9 crore (PAT margin 18.4 per cent) was 41.8 per cent higher than the PAT of Rs 26.08 crore (PAT margin 11.4 per cent) in Q2-2013 and 26.2 per cent more than the Rs 29.3 crores (PAT margin 15.1 per cent) in Q1-2014.

     

    Eros Managing Director Sunil Lulla said, “Eros has given strong financial and operational performance in the first half of the fiscal, especially, given that we have had no high budget releases in the first half of FY 2014 compared to two high budget releases in the first half of FY 2013. The company’s performance was underpinned by the all-round success of movies like Grand Masti, Raanjhaana, Go Goa Gone and our overseas release of Yeh Jawani Hai Deewani all of which have been monetised over multiple distribution channels.”

     

    The company says that its performance during HY1-14 was also backed by other overseas releases like Furkey, Lootera, Shootout at Wadala, Ek thi Dhayan, Phata Poster Nikla Hero and within the country through regional films such as Rangeelay (Punjabi) and Tamil films. Also, television revenues for Q2-2014 were mainly underpinned by a combination of catalogue monetisation as well as delivering new films under the previously announced licensing agreement with Viacom 18.

     

    Let us look at the other HY1-2014 and Q1-2014 figures posted by Eros:

     

    Overall for HY1-2014, PAT at Rs 66.31 crore was 15.3 per cent higher than the Rs 57.49 crore Eros had reported for Q2-2013, despite releasing only 26 films (11 Hindi and 15 Tamil) in HY1-2014. In Q1-2014, Eros had 12 releases, in Q2-2014, IT HAD 14. In HY1-2013, Eros had had 42 releases.

     

    Total Expense for Q2-2014 at Rs 103.8 crore was 42.2 per cent lower than the Rs 179.51 crore for Q2-2013 and 4.2 per cent lower than the Rs 108.31 crore in Q1-2014. Direct cost for Q2-2014 at Rs 139.36 crore was 17.8 per cent lower than the Rs 169.07 crore for Q2-2013, but 6.1 per cent higher than the Rs 131.38 crore for Q1-2014.

     

    Interest cost for Q2-2014 at Rs 6.2 crore was more than double (2.26 times) the Rs 2.74 crore for Q2-2013 and 34.5 per cent more than the Rs 4.61 crore in Q1-2014. Other expense for Q2-2014 at Rs 11.8 crore was 42.8 per cent lower than the Rs 20.63 crore for Q2-2013 and 23.6 per cent lower than the Rs 15.45 crore for Q1-2014.

     

    EBIT for Q2-2014 at Rs 50.31 crore was 16.4 per cent higher than the Rs 42.35 crore for Q2-2013 and 9.1 per cent more than the Rs 46.1 crores for Q1-2014.

     

    Said Lulla, “We remain excited about our collaboration with HBO Asia and the opportunity it presents among the premium television market within India. We are also looking forward to the high profile releases in the remainder of the fiscal year  such as Ram Leela, Kochadaiyaan, Happy Ending, and a number of smaller budget high concept movies that are slated to be released in the fiscal under review.”

     

    Eros says that its collaboration with HBO Asia continues to receive an encouraging response after the launch of its two new advertisement free channels in February 2013 – HBO Defined and HBO Hits that are not only available on Dish and Airtel DTH platforms, but also on digital cable platforms such as Hathway and GTPL.

     

    Further during Q2-2014, the company’s online entertainment portal Eros Now added a host of Bollywood titles acquired from UTV and Viacom to its movie subscription service.

  • Boss collects only Rs 38.2 crore

    Boss collects only Rs 38.2 crore

    MUMBAI: The mid week release to cash in on a festival has backfired on Boss (second film to suffer so in recent times after Besharam). Released on Eid day (Wednesday), it opened to lukewarm response earlier to consolidate by evening shows at single screens. However, the first day figures barely managed to touch Rs 12 crore. The Basi Eid was expected to help maintain steady collections but that did not happen as the collections dropped by nearly Rs 5 crore. The film went on to collect Rs 25 crore for the first three days and close its five day weekend at Rs 38.2 crore.

     

    Shahid found the appreciation but has not yet backed it up with the collections. This Mumbai-centric film faced opposition from the 15th Mumbai Film Festival as film buffs who would love such a film were drawn to the film fest. The film collected about Rs 2 crore in its first weekend.

     

    War Chhod Na Yaar has managed to see the week through. The film has collected Rs 6.25 crore for its first week.

     

    Besharam drops to less than 10 per cent of its first week figures. The film has collected Rs 4.35 crore in its second week (16 days) to take its two week total to Rs 54.65 crore.

     

    The Lunch Box has collected Rs 85 lakh in its fourth week taking its four week tally to Rs 20.25 crore. It was revealed during the 15th Mumbai Film Festival that the Irrfan Khan starrer will also be releasing in France on 11 December this year.

     

    Phata Poster Nikhla Hero has added Rs 55 lakh in its fourth week taking its four week total to Rs 35.95 crore.

     

    Grand Masti has collected Rs 60 lakh in its fifth week, just about ending its eventful run at the box office and taking its total to Rs 91.8 crore.

  • Besharam fails to cash in on holiday release, Grand Masti marches on

    Besharam fails to cash in on holiday release, Grand Masti marches on

    The unanimous bad reports and a crude attempt at creating comedy add to the woes of Besharam as the decision to release it on a Wednesday to cash in on a national holiday also backfired; Ranbir Kapoor still lacks the command over the box office, enough to carry off two working days after a national holiday till the weekend. Those involved hoped for an opening day bonanza of Rs 30 crore while the trade expected it to be around Rs 24/25 crore on the pre-release buzz.

    However, as the reports after the first show filtered out, the film faced a drop on the very first day in the evening and night shows with the day fetching just about Rs 18.5 crore. Thereafter, the slide was drastic as day two dropped to Rs 6 crore and day three to Rs 5.5 crore. Thus, while the film recorded Rs 30.5 crore for the first three days, the collections for its first five days are Rs 42.5 crore.

     

    Warning 3D/2D has collected Rs 3.2 crore in its first week.

     

    The Lunch Box sustained very well and added Rs 7.6 crore for its second week to take its two week tally to Rs 17.85 crore.

     

    Phata Poster Nikhla Hero has collected Rs 6.25 crore in its second week to take its two week total to Rs 34.75 crore.

     

    Grand Masti turns out to be the surprise packet of the year holding well even in its third week by collecting Rs 7.2 crore in its third week and taking its three week total to Rs 89.8 crore.

    Shuddh Desi Romance collected Rs 40 lakh in its fourth week thus taking its four week tally to Rs 46.85 crore.

  • Albeit crude humour ‘Grand Masti’ collects Rs 82.6 cr in two weeks

    Albeit crude humour ‘Grand Masti’ collects Rs 82.6 cr in two weeks

    MUMBAI: The past week saw as many as five new releases, all sans face value and due promotions. Of the lot, the only one to show some figures for its three day run is Warning 3D/2D. The film has collected Rs 2.60 crore.

    The other four releases, Maazii, Raqt – A Rishta, Prague and Supermodel have all bombed badly leaving no trace.

    Phata Poster Nikhla Hero, starring Shahid Kapoor and Ileana D‘Cruz, will fail to recoup its investment from the box office with the film’s lack of public appreciation showing starkly on its collection figures. The film has collected Rs 28.5 crore in its first week.

    The Lunch Box, starring Irrfan Khan, Nawazuddin Siddiqui and Nimrat Kaur, which had opened with first day collections barely crossing Rs 1 crore, has earned much appreciation translating into revenues as the film ended its first week with figures of Rs 10.25 crore.

    Grand Masti is the only film doing well its off-colour humour notwithstanding. The film which did excellent in its first week, has maintained well even in its second week by adding Rs 17.9 crore and taking its total to Rs 82.6 crore.

    Shuddh Desi Romance has collected Rs 1.2 crore in its third week thus taking its three week tally to Rs 46.45 crore. 

  • Albeit crude humour Grand Masti collects Rs 82.6 cr in two weeks

    Albeit crude humour Grand Masti collects Rs 82.6 cr in two weeks

    The past week saw as many as five new releases, all sans face value and due promotions. Of the lot, the only one to show some figures for its three day run is Warning 3D/2D. The film has collected Rs 2.60 crore.

     

    The other four releases, Maazii, Raqt – A Rishta, Prague and Supermodel have all bombed badly leaving no trace.

     

    Phata Poster Nikhla Hero, starring Shahid Kapoor and Ileana D’Cruz, will fail to recoup its investment from the box office with the film’s lack of public appreciation showing starkly on its collection figures. The film has collected Rs 28.5 crore in its first week.

     

    The Lunch Box, starring Irrfan Khan, Nawazuddin Siddiqui and Nimrat Kaur, which had opened with first day collections barely crossing Rs 1 crore, has earned much appreciation translating into revenues as the film ended its first week with figures of Rs 10.25 crore.

     

    Grand Masti is the only film doing well its off-colour humour notwithstanding. The film which did excellent in its first week, has maintained well even in its second week by adding Rs 17.9 crore and taking its total to Rs 82.6 crore.

     

    Shuddh Desi Romance has collected Rs 1.2 crore in its third week thus taking its three week tally to Rs 46.45 crore. 

  • Grand Masti reaches Rs 64.7 crore; Phata Poster opens poorly with Rs 19.5 crore

    Grand Masti reaches Rs 64.7 crore; Phata Poster opens poorly with Rs 19.5 crore

    Phata Poster Nikhla Hero, starring Shahid Kapoor and Ileana D’Cruz, which had opened to poor response, could not improve much over the weekend. The film has managed to collect Rs 19.5 crore for its opening weekend.

     

    The Lunch Box starring Irrfan Khan, Nimrat Kaur and Nawazuddin Siddiqui has cashed in on all the positive reports and good word of mouth as the figures almost doubled on Saturday and tripled on Sunday over its opening day collections to record an impressive Rs 6.25 crore for its first weekend.

     

    Grand Masti the sequel to the 2004 Masti directed by Indra Kumar did excellent first week business as the masses and the youth took to the film. The film had to depend on domestic collections mainly to cover itself as not much is expected from overseas or satellite. The film has gone onto collect Rs 64.7 crore for the first week.

     

    Horror Story the Vikram Bhatt scripted screamer has collected Rs 4.6 crore in its first week.

     

    John Day starring Naseeruddin Shah, Randeep Hooda, Taran Bajaj and Harsh Chhaya has failed badly.

     

    Shuddh Desi Romance sustained very well; the Sushant Singh Rajput, Parineeti Chopra, Rishi Kapoor and Vaani Kapoor starrer’s two week total is Rs 45.25 crore.
    Zanjeer has failed miserably. The film has managed a mere Rs 20 lakh for its second week to take its two week total to Rs 13.95 crore.

     

    Satyagraha the political drama from Prakash Jha has added Rs 1.5 crore in its third week to take its three week tally to Rs 60.1 crore.

     

    Madras Café has collected Rs 75 lakh in its fourth week to take its four week total to Rs 41.4 crore.

     

    Chennai Express has collected Rs 45 lakh in its sixth week thus taking its six week tally to 200.95 crore.

  • Grand Masti gets a whooping Rs 39.8 crore opening

    Grand Masti gets a whooping Rs 39.8 crore opening

    Grand Masti has a terrific weekend raking in a big moolah at the box office. The film, with huge support from single screens, has collected Rs 39.8 crore for its opening weekend. This is a sequel to the previous adult comedy Masti and the three friends are back together and this time they are coming together at their college reunion. The film stars Ritesh Deshmukh, Aftab Shivdasani and Vivek Oberoi.

     

    John Day has not been able to make a mark despite Naseeruddin Shah leading the cast. The film has managed to collect just about Rs 1.7crore for the first weekend.

     

    Horror Story, a grossly under publicised film, has managed to cross the Rs two crore mark in its first three days.

     

    Shuddh Desi Romance has had a good first week. A pleasant love story with a contemporary theme of live-in couple scared to commit through the institution of marriage, the film has collected Rs 35.7 crore for its first week.

     

    Zanjeer, much in news because of its copyrights controversy involving the writers of the original version and the production house, Prakash Mehra Productions, has turned out to be a damp squib, having collected just Rs 13.75 crore.

     

    Satyagraha, which failed to stir up the box office and collected Rs 51.7 crore in its first week, has added Rs 6.9 crore in its second week to take its two week total to Rs 58.6 crore.

     

    Madras Café has collected Rs 1.1 crore in its third week to take its three week tally to Rs 40.65 crore.

     

    Channai Express has added Rs 1.1 crore in its fifth week thus taking its six week total to Rs 200.5 crore.