Hindi
Inox FY 2009 net dips 8% to Rs 243.4 million
MUMBAI: Multiplex operator Inox Leisure Ltd has announced a fall of 7.78 per cent in its net profit for the year ended 31 March 2009.
While announcing its audited results for the fiscal, Inox said that the net profit for the company stood at Rs 243.4 million as compared to Rs 263.9 million in the previous fiscal.
Revenue rose 9.39 per cent to Rs 2.26 billion, compared to Rs 2.06 billon a year ago.
Operating profit for the same period stood at Rs 347.5 million, a dip of 13.51 per cent from previous fiscal’s Rs 401.8 million.
The company has launched four new properties in the financial year 2009; Inox Faridabad, Inox Nagpur, Inox Bangalore and Inox Burdwan taking its tally of total screens in operation from 76 to 91. INOX Hyderabad, launched in May 2009 takes it total tally of multiplexes to 27 with 97 screens in 20 cities across India.
Meanwhile the company said in a release that the content pipeline for 2008-2009 was comparatively weaker as compared to the year 2007-2008.
In the segment wise results, the company earned revenue of Rs 2.25 billion from multiplex business while Rs 15.2 million came from film distribution. In the previous fiscal, the company posted a revenue of Rs 2.05 billion from its multiplex operations while film distribution contributed to Rs 61.6 million.
Oerating profit from multiplex segment fell to Rs 250.9 million as against Rs 315.5 million in the previous year. In film distribution business, the operating loss increased to Rs 28.6 million as against Rs 3.2 million in the last fiscal.
Hindi
Marico founder Harsh Mariwala’s book Harsh Realities set for film adaptation
Almighty Motion Picture taps Karan Vyas to script Marico story
MUMBAI: Almighty Motion Picture is turning its lens on India Inc., with plans to adapt Harsh Realities: The Making of Marico into a screen project. The story charts the rise of Harsh Mariwala, the chairman and founder of Marico, and is currently in early development, according to a report by Variety.
Writer Karan Vyas, known for his work on Scam 1992, Scoop and Made in India – A Titan Story, is attached to pen the screenplay. The project continues the studio’s growing interest in real-life Indian narratives that blend business with human drama.
At the heart of the story lies a defining moment in 1987, when Mariwala chose to step away from the family-run Bombay Oil Industries and strike out on his own. What followed was not just the creation of a company, but the reinvention of a legacy. Marico would go on to become a global FMCG player, with brands like Parachute, Saffola, Set Wet and Livon becoming household names, reaching nearly one in three Indians.
The source material, co-authored by Mariwala and renowned business strategist Ram Charan, offers more than a boardroom chronicle. It captures the grit behind the growth, the risks behind the rewards and the leadership lessons forged along the way.
The adaptation aims to move beyond balance sheets and brand milestones, focusing instead on the person behind the enterprise. Expect a narrative that leans into the emotional stakes of entrepreneurship, where decisions are as personal as they are professional.
Today, Marico draws about a quarter of its revenue from international markets across Asia and Africa, reflecting its steady transformation from a domestic player into a multinational force. Yet, if the makers have their way, the screen version will remind audiences that every global success story begins with a leap of faith.
With development set to begin soon, this is one business story that may just trade spreadsheets for storytelling, and profit margins for moments that linger
