Animation
Prime Focus disappoints for quarter ended 30 June, 2014
BENGALURU: Prime Focus Limited (PFL) has posted disappointing results for the quarter (Q5-2014). The company also posted results for the extended 15 month period ended 30 June, 2014 (15M-2014). The company reported a PAT of Rs 24.26 crore or about 2.3 per cent of Total Income from operations (TIO) for 15M-2014 as compared to the extrapolated loss of Rs 20.31 crore against TOI of Rs 762.16 crore during the equivalent period of 15 months ended 30 June, 2013(15M-2013). The reported TIO for 15M-2014 is Rs 1032.72 crore, an increase of 35.5 per cent as compared 15M-2013.
Earlier, for the four quarter period ended 31 March, 2014 (FY-2014), the company had posted a PAT of Rs 33.04 crore (4 per cent of TIO) against a TIO of Rs 834.89 crore. For FY-2013, the company had reported loss of Rs 16.85 crore. During FY-2014, PFL had reported a net forex gain of Rs 29.21 crore and for FY-2013 an exchange gain of Rs 6.75 crore. During 15M-2014 the company has reported forex gain of Rs 38.07 crore, 5.6 times the Rs 6.75 crore in 15M-2013.
MUMBAI: History is getting a fresh rewrite this time with code, creativity and a longer arc in mind. Lens Vault Studios has announced its first original production, Bal Tanhaji, marking the official entry of the newly launched, tech-driven studio into India’s evolving entertainment landscape.
Arriving six years after the box-office success of Tanhaji: The Unsung Warrior, the new project expands the universe rather than revisiting familiar ground. Bal Tanhaji explores uncharted narrative territory, signalling a clear shift from one-off cinematic spectacles to long-format, world-building storytelling designed for digital-first audiences.
At the heart of this ambition is Prismix Studios, the in-house generative AI and technology arm powering the creative engine behind the show. The studio’s approach blends storytelling with next-generation tools, aiming to reimagine how Indian IPs are created, scaled and sustained beyond theatrical releases.
For Lens Vault Studios chairman Ajay Devgn the new venture represents a deliberate step beyond traditional cinema. The focus is firmly on building long-form intellectual properties across fiction and non-fiction, tailored to changing viewing habits and platform-led consumption. He said the studio intends to explore formats that remain largely untapped, while drawing on the team’s experience with large-scale cinematic storytelling.
Lens Vault Studios founder and CEO Danish Devgn echoed that sentiment, describing Bal Tanhaji as the studio’s first generative-AI-led IP and the starting point of a broader vision. The aim, he noted, is to carry forward the legacy of the Tanhaji universe while connecting with younger audiences through a blend of powerful narratives and emerging technologies.
With Bal Tanhaji, Lens Vault Studios is planting its flag early not just launching a show, but signalling a larger play for cinematic universes that live, grow and evolve across platforms. If this debut is any indication, the future of Indian storytelling may be as much about imagination as it is about innovation.
