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
India’s telecom subscribers cross 1.32 billion in February 2026
Broadband base swells past 1.06 billion as Jio and Airtel tighten grip on the market.
MUMBAI: India’s telecom sector is ringing in steady growth once again adding millions of new connections every month while the race for broadband supremacy continues to heat up like a fiercely contested cricket match. According to the latest data released by the Telecom Regulatory Authority of India (TRAI) on 1 April 2026, the total telephone subscriber base in the country reached 1,321.31 million at the end of February 2026. This marked a net addition of 7.31 million subscribers during the month, translating into a monthly growth rate of 0.56 per cent.
Wireless subscribers (including mobile and Fixed Wireless Access) stood at 1,273.31 million, registering a net addition of 6.97 million and a growth rate of 0.55 per cent. Within this, urban wireless connections grew to 730.75 million (growth 0.70 per cent), while rural wireless subscribers reached 542.56 million (growth 0.35 per cent).
Wireline subscribers, though much smaller in scale, showed slightly faster growth. The total wireline base increased to 47.99 million, with a net addition of 0.34 million and a monthly growth rate of 0.70 per cent. Urban areas continued to dominate wireline connections with a share of 89.41 per cent.
Overall tele-density in India improved to 92.66 per cent. Urban tele-density stood at 150.68 per cent, while rural tele-density edged up to 60.02 per cent.
The broadband subscriber base crossed a significant milestone, reaching 1,059.05 million at the end of February 2026. This reflected a healthy net addition of 6.33 million subscribers and a monthly growth rate of 0.60 per cent from January’s figure of 1,052.72 million.
Segment-wise, mobile wireless access continued to drive the majority of growth with 996.52 million subscribers. Fixed Wireless Access (including 5G FWA) added 16.51 million, while wired broadband stood at 46.02 million.
Reliance Jio Infocomm Ltd. maintained its commanding lead with 519.64 million broadband subscribers. Bharti Airtel Ltd. followed with 364.14 million, Vodafone Idea Ltd. with 129.36 million, Bharat Sanchar Nigam Ltd. with 28.70 million, and Atria Convergence Technologies Ltd. with 2.38 million.
Together, these top five players command a massive 98.60 per cent share of the total broadband market.
In the wireless (mobile) segment, private operators continued to dominate with 92.59 per cent market share, leaving public sector undertakings (BSNL and MTNL) with just 7.41 per cent.
Out of the total 1,257.29 million wireless (mobile) subscribers, 1,177.60 million were active on the peak Visitor Location Register (VLR) date, representing an impressive 93.66 per cent activity rate. Bharti Airtel led in this metric with 99.42 per cent of its subscribers active.
Meanwhile, 14.47 million subscribers submitted requests for Mobile Number Portability (MNP) in February, indicating healthy competition and customer churn across zones.
While urban areas still lead in absolute numbers, rural connectivity is slowly catching up. Rural wireless tele-density stood at 59.46 per cent, compared with the much higher urban figure of 142.32 per cent.
Fixed Wireless Access using 5G technology also showed promising traction, growing to 11.93 million subscribers. Reliance Jio and Bharti Airtel are the primary players driving this segment.
The data paints a picture of a maturing yet still rapidly expanding telecom ecosystem. With total telephone subscribers now well past the 1.32 billion mark and broadband users comfortably above 1.06 billion, India continues to solidify its position as one of the world’s largest and most dynamic digital markets.
From bustling city streets to remote villages, more Indians are staying connected than ever before proving that when it comes to telecom, the country’s appetite for growth shows no signs of hanging up anytime soon.
