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Fame curtails Q1 net loss to Rs 36.6 mn as revenue jumps

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MUMBAI: Multiplex chain operator Fame India Ltd (Fame), which is in the news for a corporate battle between Reliance MediaWorks and Inox Leisure, has curtailed its first-quarter net loss as its revenue jumped 139.4 per cent.


The net loss for the three months ended June 2010 stood at Rs 36.62 million, as against a net loss of Rs 95.34 million a year ago.


The company noted that “figures for the quarter are not strictly comparable with the corresponding three-months in the previous period, on account of business interruption due to strike called by the united producers and distributors forum in the June quarter and on account of the service tax on rentals.”


Total income was at Rs 389.03 million, compared to Rs 162.51 million in the earlier year as movies were unavailable for release.


Meanwhile, total expenditure of the company increased to Rs 405.02 million, as against Rs 246.54 million in the previous fiscal.


The theatrical exhibition segment suffered an operating loss of Rs 4.05 million in the quarter as against an operating loss of Rs 74.53 million. Revenue from the segment was Rs 377.52 million, up from Rs 157.15 million a year ago.
 

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Kayhan Entertainment shifts focus to original IP creation

New studio founded by VFX veterans aims to build globally scalable Indian stories.

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Kayhan Entertainment

MUMBAI: India’s VFX talent has long helped Hollywood create blockbusters now a new studio wants to write the stories as well as the special effects. Kayhan Entertainment Private Limited is entering its next phase of growth as a next-generation storytelling studio focused on creating original intellectual property for global audiences. Founded by Dalbir Singh and Arushi Govil, the studio blends strong storytelling with world-class VFX and CGI across films, television, advertising and digital platforms.

While India has established itself as a global hub for VFX and animation services, Kayhan is making a strategic shift from pure execution to IP ownership. The studio aims to move beyond project-based work and develop culturally rooted content designed to travel internationally, while remaining open to strategic collaborations.

Dalbir Singh, with over 15 years of experience in VFX and filmmaking, has contributed to major global productions including Avengers: Endgame, Zack Snyder’s Justice League and Venom. He leads creative direction at Kayhan. Arushi Govil brings deep production expertise from leading studios such as MPC, Framestore and DNEG, having worked on Tenet, Mission: Impossible – Fallout and Brahmastra.

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A key milestone for the studio was the launch of its first IP, Chote Tara Ka Bada Gadar, on Kids Zee in 2025. Kayhan is now expanding its slate with FAB 5, an original animated series that combines action, humour and emotional storytelling while promoting teamwork, courage and kindness. The fast-paced episodic format is positioned for long-term franchise potential across platforms.

Dalbir Singh, Co-Founder, said the studio’s primary focus is building an IP-led creative enterprise, while remaining open to the right collaborations. Arushi Govil, Co-Founder, added: “As we scale, our focus is on building the right mix of talent and capability… At Kayhan, we are investing in people as much as we are in IP, bringing together global experience and emerging creators to build stories that can compete at an international level.”

Looking ahead, Kayhan plans to evolve into a broader IP-led ecosystem spanning media, consumer products, education, talent development and immersive experiences such as AR and VR. The studio also intends to establish an IP incubator and develop transmedia storytelling formats.

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From blockbuster VFX credits to building its own story universe, Kayhan Entertainment is stepping into the spotlight with a clear ambition, to create Indian IP that doesn’t just shine on screen, it travels the world.

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