Hindi
Cinemax Q2 net skids 45% to Rs 24 mn
MUMBAI: Cinemax India Ltd. has had a steep second-quarter fall in net profit from the earlier year as revenue has rebounded but is yet to match the previous fiscal’s performance.
The return of Bollywood content could not make up for the losses the multiplex chain operator incurred on account of swine flu, elections and closure of theatres in Hyderabad.
Says Cinemax CFO Jitendra Mehta, “Our properties were closed for two-three days in Hyderabad due to the sudden demise of the chief minister. We were also hit by elections. And theatres were also closed for two-three days because of swine flu.”
Cinemax’s consolidated net profit plunged 44.62 per cent to Rs 24.2 million in the three months ended September, compared to Rs 43.7 million in the year-ago period.
Net revenue fell 10.04 per cent to Rs 403.9 million (from Rs 449 million). Expenses climbed marginally to Rs 381.4 million, as compared to Rs 378.5 million in the year-ago period.
From the theatrical exhibition and entertainment business, the company suffered an operating loss of Rs 22 million as against an operating profit of Rs 16.3 million. Revenue from this segment jumped 12.38 per cent to Rs 351.2 million, from Rs 312.5 million a year ago.
Cinemax also disclosed that as on 30 September 2009, promoters have pledged 45.16 per cent of their stake amounting to 8,514,500 shares, or 30.41 per cent of the company‘s total paid up capital.
Hindi
Dhurandhar the revenge storms past Rs 1,000 crore in a week, rewrites box office records
Aditya Dhar’s spy thriller sets fastest run to Rs 1,000 crore with record-breaking weekday hold
MUMBAI: The box office has a new juggernaut—and it is moving at breakneck speed. Dhurandhar the revenge has smashed past the Rs 1,000 crore mark worldwide in just a week, clocking a staggering Rs 1,088 crore and resetting the rules of the blockbuster game.
Backed by Jio Studios and B62 Studios, and directed by Aditya Dhar, the spy action sequel opened to the biggest weekend ever for an Indian film globally—and then refused to slow down. Unlike typical tentpole releases that taper off after Sunday, this one powered through the weekdays with rare muscle, posting Rs 64 crore on Monday, Rs 58 crore on Tuesday, Rs 49 crore on Wednesday and Rs 53 crore on Thursday.
The numbers stack up to a formidable first-week haul. India collections stand at Rs 690 crore nett and Rs 814 crore gross, while overseas markets have chipped in Rs 274 crore, taking the worldwide total to Rs 1,088 crore in just eight days.
The film’s opening weekend alone delivered Rs 466 crore, laying the foundation for what is now being billed as the fastest climb to the Rs 1,000 crore club in Indian cinema. Every single day of its first week has set fresh benchmarks, from the highest opening weekend to the strongest weekday hold—metrics that typically separate hits from phenomena.
A sequel to the earlier hit Dhurandhar, the film has not just built on its predecessor’s momentum but obliterated previous records, emerging as the biggest global blockbuster run by an Indian film to date.
At this pace, the film is not merely riding a wave—it is creating one.
