Hindi
Panorama Studios Q3 standalone net at Rs 0.79 crore
Consolidated swings to Rs 1.52 crore loss in quarter; nine months profit Rs 2.82 crore.
Panorama Studios has released their latest quarterly script delivers a classic Bollywood mix standalone holds steady, but the consolidated version takes a dramatic tumble. The Mumbai film production and distribution house reported standalone net profit of Rs 0.79 crore for the quarter ended 31 December 2025, sharply down from Rs 3.05 crore in the same period last year, as revenue from operations dipped to Rs 26.75 crore from Rs 32.11 crore.
The nine-month standalone story tells a happier tale, revenue from operations surged to Rs 237.24 crore from Rs 144.45 crore, lifting net profit to Rs 10.79 crore (against Rs 15.05 crore previously). Total revenue reached Rs 243.70 crore, profit before tax stood at Rs 14.99 crore, though expenses rose operational costs Rs 205.94 crore, finance charges Rs 6.90 crore, depreciation Rs 4.37 crore.
Consolidated figures paint a tougher picture, Q3 swung to a net loss of Rs 1.52 crore versus a Rs 1.30 crore profit last year, with operations revenue at Rs 29.47 crore (down from Rs 33.88 crore). Profit before tax turned negative at Rs 1.92 crore deficit, weighed down by operational expenses Rs 23.54 crore, employee costs Rs 2.80 crore and finance Rs 2.69 crore. For the nine months, consolidated net profit came in at Rs 2.82 crore (down from Rs 8.73 crore), with operations revenue Rs 243.67 crore and total revenue Rs 249.41 crore.
Breaking it down further, profit attributable to owners in Q3 (post-acquisition) was a loss of Rs 0.40 crore, while non-controlling interests absorbed Rs 1.12 crore hit. Over nine months, owners took home Rs 6.76 crore, but non-controlling interests faced a Rs 3.93 crore loss.
The board, convening on 14 February 2026 from 4:00 pm to 6:00 pm, approved these unaudited results under SEBI norms, along with limited review reports from auditors Sigmac & Co. They also confirmed website compliance (Regulation 46(1)) and reviewed a stack of policies – insider trading, CSR, whistleblower, sexual harassment, risk management, dividend, and more, all found compliant and website-hosted.
Key footnotes, a 2:5 bonus issue on 2 December 2025 lifted paid-up equity to Rs 52.11 crore (face value Rs 2), resetting Q3 standalone EPS to Rs 0.03 basic/diluted. No interim dividend declared this quarter (last year’s final was Rs 0.20, 10%). New labour codes effective November 2025 had negligible impact, and investor complaints remained zero for the quarter.
In an industry where box-office fate swings wildly, Panorama’s numbers show resilience on one ledger and a stumble on the group stage, a reminder that even in filmdom, the real drama often unfolds in the fine print.
Hindi
Shekhar Suman opens acting academy in Mumbai
The veteran actor-presenter launches SSFA, promising immersive, mentorship-led training for aspiring actors and storytellers
Mumbai: Forty years in front of the camera, and Shekhar Suman still isn’t done. The actor, host, writer and director, one of Indian entertainment’s most restless polymaths, is now training his sights on the next generation, launching the Shekhar Suman Film Academy (SSFA) in Mumbai on 22nd April 2026. Registrations for the inaugural batch are already open.
SSFA pitches itself squarely against formula-driven acting schools, leading with an intensive three-month programme that Suman says he personally designed and will largely conduct himself. The curriculum blends voice and speech work, emotional access, body awareness and camera technique with the Linklater Voice Method, film language and on-set discipline, and rounds off with a student film, giving trainees their first taste of a real set.
Masterclasses with actors, casting directors and filmmakers sit alongside the core course. The academy is conceived as a platform that will eventually sprawl into screenwriting, direction, cinematography, music production and post-production: a full creative ecosystem rather than a single acting school.
“For me, this academy is not just an institution. It is a very personal way of giving back to the craft that has given me everything,” said Suman. “Over the years, acting has taught me discipline, imagination, resilience, and the importance of truth in performance. Through this academy, I hope to create something that goes beyond training and becomes a true creative journey for every student who walks in.”
Behind the scenes, the academy is backed by GBM Studios. Dharmesh Sangani, founder and visionary, is the driving force, bringing what the academy describes as “a focused approach to creating meaningful opportunities within the industry.” Adhyayan Suman, founder and director and Shekhar’s son, adds a performer’s perspective honed across acting, music and direction. Ekant Babani, partner and chief operating officer, handles strategy and operations.
Entry is deliberately low-barrier. No prior training is needed: applicants sit a basic self-audition test, shifting the focus firmly to potential rather than polish. The academy says it aims to stay accessible while delivering a premium, hands-on experience.
In a country where acting schools multiply almost as fast as OTT platforms, Suman’s personal stamp and his willingness to stand in the room and teach may be the sharpest edge SSFA has. For those ready to test that promise, the curtain is already up. Apply at shekharsumanfilmacademy.com
