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Saiyaara soars as July box office scripts 2025’s biggest blockbuster month
MUMBAI: The Indian film industry found its monsoon magic in July and the box office is dancing in the rain. After a lukewarm June, July 2025 stormed ahead to become the year’s strongest month yet at the Indian box office, powered by two juggernauts: Hindi romance-drama Saiyaara and the animated epic Mahavatar Narsimha. Together, the duo accounted for more than 45 per cent of the month’s total collections, proving that love stories and mythological action still bring audiences to the theatres in droves.
Leading the charge, Saiyaara grossed a staggering Rs 392 crore, making it the second-highest earner of the year so far, behind only Chhaava. Close on its heels, Mahavatar Narsimha roared to Rs 259 crore, with the Hindi version alone contributing 75 per cent of the take. Add in Hollywood’s heavyweights Jurassic World Rebirth and Superman & The Fantastic Four: The First Steps and the July box office became a truly global playground.
The cumulative box office tally for 2025 releases has already climbed 22 per cent higher than the same period last year, keeping the industry firmly on track to cross the Rs 12,000 crore mark by year-end. That would put 2025 in contention to dethrone the all-time record set in 2023 at Rs 12,226 crore. Language-wise, Hindi continues to dominate with five titles in the year’s Top 10, while Hollywood has clawed up to a 12 per cent share of the pie, its best since 2022. Kannada too got its moment with horror-comedy Su From So, lifting its share from under 1 per cent in June to more than 2 per cent in July, while Malayalam slipped from 10 per cent to 8 per cent.
If July is any indication, 2025 could well end up rewriting the box office record books with Bollywood, Hollywood, and even regional cinema scripting their own plot twists along the way.
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Trent posts Rs 19,701 crore FY26 revenue, profit rises to Rs 1,968 crore
Q4 profit at Rs 455 crore; margins improve, net worth climbs to Rs 7,703 crore
MUMBAI: Retail therapy seems to be working for Trent Limited as much as for its shoppers. The Tata Group retail arm reported a steady performance for FY26, with revenue from operations rising to Rs 19,701.41 crore, up from Rs 16,668.11 crore in FY25. Total income for the year stood at Rs 20,075.87 crore, reflecting continued momentum across its retail formats.
Profit before tax came in at Rs 2,511.54 crore for the year, compared to Rs 2,076.62 crore a year earlier. After accounting for taxes of Rs 543.72 crore, net profit rose to Rs 1,967.82 crore, marking a clear improvement from Rs 1,584.84 crore in FY25.
For the March quarter, the company reported revenue of Rs 4,936.64 crore and total income of Rs 4,997.71 crore. Profit before tax stood at Rs 576.46 crore, while net profit came in at Rs 454.75 crore, up from Rs 349.92 crore in the same quarter last year.
On the cost front, total expenses for FY26 rose to Rs 17,538.54 crore, driven by higher stock purchases of Rs 11,170.44 crore and increased occupancy costs at Rs 1,652.69 crore. Employee benefit expenses also edged up to Rs 1,222.04 crore, reflecting continued expansion.
Operationally, the company maintained stable efficiency metrics. Operating margin improved to 11.88 per cent from 11.29 per cent, while net profit margin rose to 9.99 per cent from 9.51 per cent. The interest service coverage ratio stood strong at 16.76, indicating comfortable debt servicing capacity.
Trent’s balance sheet also strengthened during the year. Net worth increased to Rs 7,702.80 crore from Rs 5,914.40 crore, while total assets expanded to Rs 12,225.71 crore. The debt-to-equity ratio improved to 0.33 from 0.38, signalling a more balanced capital structure.
Cash flow from operations rose to Rs 2,630.19 crore, compared to Rs 1,668.26 crore in the previous year, even as the company continued to invest in expansion, with capital expenditure and investments weighing on investing cash flows.
With consistent growth across revenue, profitability, and margins, Trent’s FY26 performance suggests a retailer scaling steadily ringing up gains not just at the checkout, but across the balance sheet.
