Hindi
Reliance MediaWorks narrows Q1 net loss to Rs 536.45 mn
MUMBAI: Reliance MediaWorks Ltd (formerly known as Adlabs Films) has posted a consolidated net loss (after minority interest) of Rs 536.45 million for the quarter ended 30 June, narrowing it from Rs 636.96 million in the same quarter of the previous year.
Reliance MediaWorks continues to maintain its strong investment phase and all its projects are well on track. “As a result of the continued investments and stabilisation of business verticals, the interest and depreciation charge, the company has recorded a net loss of Rs 536.45 million (US$ 12 million),” it said.
Total revenue of the company jumped 100 per cent to stand at Rs 2.08 billion, as compared to Rs 1.05 billion in the year ago period. However, the company noted that figures are not strictly comparable with the corresponding period previous year, which was partially impacted by the strike between producers, distributors and exhibitors.
The company‘s expenses also jumped 63.31 per cent to Rs 2.31 billion in the quarter, as against Rs 1.42 billion in the year ago period. This was mainly because of higher payout to distributors after enforcement of the new revenue sharing agreement, higher personal cost and decrease in stock value.
Ebitda from operations stood at Rs 200 million against a loss of Rs 90 million in the previous year.
“Reliance MediaWorks has delivered robust performance in the quarter and have started seeing strong returns on investments from the assets created in past two years. The forthcoming quarter has a steady movie line-up with more than 12 wide releases, which will help us leverage our leading presence across the entire film and media services value chain,” said Reliance MediaWorks CEO Anil Arjun.
On a standalone basis, the net loss for the quarter was Rs 317.02 million (from Rs 661.05 million). Total income of the company for the quarter was Rs 1.29 billion, while expenses were at Rs 1.35 billion.
In the segment-wise results, theatrical business reported a revenue of Rs 1.35 billion, a jump of 91 per cent from previous year’s Rs 708.73 million. But this was mainly because of previous year quarter had no new movie releases.
The strong revenue growth helped the company to reduce the operational loss to Rs 237.4 million (Rs 298.88 million operational loss in the previous year).
Total capital investment in the theatrical exhibition segment stands at Rs 10.91 billion.
From the film production services segment, the company has earned a revenue of Rs 730.78 million, as compared to Rs 288.89 million in the previous quarter. It also posted an operating profit of Rs 121.17 million during the quarter under review (from previous year’s Rs 15.08 million).
However, in the TV/Film production and distribution segment, the revenue dropped to Rs 44.93 million, from Rs 70.81 million a year ago. The company posted an operating profit from the segment of Rs 4.78 million, as against a profit of Rs 12.80 million for Q1 FY ’09.
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.
