Film Production
Q1-2016: Eros International revenue doubles at Rs 480.6 crore, PAT up 49%
MUMBAI: Eros International Media Limited’s revenue for the quarter ended 30 June, 2015 almost doubled at Rs 480.6 crore, which was 96.5 per cent more than Rs 244.6 crore in Q1 FY15.
The company’s profit after tax (PAT) was up 48.9 per cent at Rs 53.40 crore in Q1 2016 as against Rs 35.8 crore in the same quarter previous year. The EBIT at Rs 96.3 crore went up by 60.70 per cent.
The company released a total of 16 films during the quarter as compared to nine in Q1-2015.
Eros International Media executive vice chairman and managing director Sunil Lulla said, “We have had an excellent start to fiscal 2016 with the resounding success of Tanu Weds Manu Returns and our other major new releases, Uttama Villian, Masss, Dil Dhadakne Do (overseas) and Gabbar (overseas), doing well. The portfolio performance reinforces our strategy of investing in content-driven films, which are prudently budgeted and then extensively monetized across traditional and emerging platforms.”
“As a strategy, we continue to diversify our presence across different film genres, budgets and languages. Further, strong pre-sales for our films remains one of the cornerstones of our strategy,” he added.
“The start to the second quarter has been exceptional with multiple-record breaker Bajrangi Bhaijaan delivering a worldwide gross of over Rs 5 billion. Last week’s Telugu release, the Mahesh Babu starrer Srimanthudu has opened to record breaking box office numbers. In addition, we have a compelling line-up for the remainder of the year featuring high-profile and promising movies such as Bajirao Mastani, Welcome Back, Hero, Gabbar Singh 2, 24 amongst a host of other Hindi and regional movies,” he said.
“Our leadership position in the nascent Indian Media and Entertainment industry, which is witnessing positive structural trends, backed by an expansive library of movies should enable us to create significant value for all our stake holders going forward,” informed Lulla.
- Diversified revenue mix
- Theatrical Revenues contributed – 51.5 per cent, Overseas Revenues – 27 per cent and Television & Others – 21.5 per cent as a percentage of Total Income.
- Top 2 Hindi Box Office movies in CY2015 are Eros Films
- Bajrangi Bhaijaan released in Q2 FY16 crossed the coveted Rs 300 crore net box office in India and the worldwide gross is over Rs 500 crore, smashing multiple records.
- Fastest Rs 100 crore, Rs 150 crore, Rs 200 crore and Rs 250 crore movie in Bollywood history
- Highest single day collection of Rs 38.75 crore for any film in India
- Highest Monday figures of Rs 27.05 crore in India
- The medium budget movie – Tanu Weds Manu Returns released in Q1 FY16 was the first film of CY2015 to cross the Rs 100 crore mark, and has set new ROI benchmarks in the industry.
- Bajrangi Bhaijaan released in Q2 FY16 crossed the coveted Rs 300 crore net box office in India and the worldwide gross is over Rs 500 crore, smashing multiple records.
Film Production
Arka Mediaworks onboards 88 Pictures as animation studio partner on ‘The Eternal War – Part 1’
Arka Mediaworks announces that 88 Pictures, the acclaimed animation and visual storytelling studio known for its cutting-edge CGI and cinematic artistry, is on board as the animation partner for the highly anticipated Baahubali: The Eternal War, a groundbreaking two-part 3D animated feature film set in the globally beloved Baahubali universe.
Baahubali: The Eternal War represents a bold new chapter in the Baahubali saga envisioned for national and international audiences and crafted with the ambition of delivering one of India’s most ambitious and globally benchmarked animation projects to date.
88 Pictures will execute the animation production, bringing to life the film’s richly detailed worlds, epic battle sequences, and larger-than-life characters with its signature blend of artistic vision, performance-driven animation, and advanced production pipelines. Working closely with the film’s creative leadership and technical partners, the studio aims to set new benchmarks in animation quality, cinematic storytelling, and global scalability.
This animated epic follows the successful re-release of Baahubali: The Epic (the combined theatrical version of the original live-action films) on 31 October 2025 across India and the USA. During the film’s interval, legendary creator and director S.S. Rajamouli (Baahubali 1 & 2, RRR) stunned audiences with a surprise teaser for The Eternal War – Part 1. The video immediately went viral, garnering widespread national and international acclaim across LinkedIn, Instagram, and YouTube for its ambitious visual style and scale.
Produced by Arka Mediaworks and led by co-founder and CEO Shobu Yarlagadda – producer of the iconic Baahubali duology, The Eternal War brings together fantastic storytelling and cutting-edge animation.. The film is directed and written by acclaimed animation filmmaker Ishan Shukla (Schirkoa: In Lies We Trust, Star Wars: Visions – “The Bandits of Golak”) and screenplay by Scott Mosier (The Grinch). Mihira Visual Labs, the studio co-founded by Yarlagadda anchors the film’s animation, visual development, and execution.
The partnership with 88 Pictures brings significant pedigree to the project; the studio is well-regarded for its work on high-profile international titles including DreamWorks’ series Trollhunters, the HBO Max original series Gremlins: Secrets of the Mogwai, Disney’s animated short An Almost Christmas Story to name a few.
Yarlagadda shared, “We are happy to onboard 88 Pictures as the animation studio partner for our prestigious and most expensive animated film from India. We believe that their expertise and capabilities will allow us to produce a first-of-its-kind, world-class animated feature film from India.”
88 Pictures founder & CEO Milind D. Shinde said, “Baahubali changed the way cinema is perceived and became a defining milestone that turned the tide for Indian live-action filmmaking. Expanding the franchise into an entirely new universe—at a never-seen, never-done scale—through an animated feature created in India for a global audience is set to redefine how the world views Indian animation. We are truly thrilled to be part of this landmark project and to bring it to life under the visionary direction of Ishan Shukla, guided by the experience and leadership of acclaimed producer Shobu Yarlagadda.”
Shukla expressed, “Eternal War requires a level of visual and emotional precision that can only come from teams who truly understand both craft and intent. Working with 88 Pictures, alongside Mihira Visual Labs, has been a deeply collaborative experience. This association brings together technical excellence and creative sensitivity, enabling us to translate an ambitious vision into a compelling cinematic reality.”
Baahubali: The Eternal War – Part 1 is scheduled for release in 2027
