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PVR Q4 net slumps 40% to Rs 126.5 million

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MUMBAI: PVR‘s net profit has dived 39.96 per cent to stand at Rs 126.5 million for the quarter ended 31 March 2009, compared to Rs 210.7 million a year ago.

Total income rose 15.06 per cent to Rs 2.75 billion, as against Rs 2.39 billion in the previous fiscal.


Meanwhile, the total expenditure of the company also increased 20.11 per cent to Rs 2.47 billion, as against Rs 2.06 billion in the year ago period.


For the whole fiscal, the net profit of the company stood at Rs 87.1 million, a steep fall of 59.71 per cent from last fiscal’s Rs 216.2 million.


Revenue for the year jumped 32.31 per cent to Rs 3.55 billion, while expenses stood at Rs 3.40 billion.


Movie exhibition business accounted for a revenue of Rs 2.94 billion, as against Rs 2.39 billion in FY‘08. Operating profit for the segment was at Rs 239.4 million. Capital employed in the segment stood at Rs 3.14 billion.


In the movie production and distribution business, the company earned Rs 721.2 million as compared to Rs 359.4 million in the previous fiscal. However, PVR incurred an operating loss of Rs 81.8 million as compared to operating profit of Rs 19.1 million from the segment. The company employed capital of Rs 308.2 million towards this segment.

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Marico founder Harsh Mariwala’s book Harsh Realities set for film adaptation

Almighty Motion Picture taps Karan Vyas to script Marico story

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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.

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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.

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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

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