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BAG films net sales FY2004 up by 29 per cent

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MUMBAI: BAG films limited today announced its financial results for the year that ended 31 March 2004.

The revenues for the financial year 2004 are listed as Rs 182.8 million, while the net profit that the media company has earned is RS 28.9 million. The company is reportedly looking at exploring numerous avenues for growth this year.

According to an official release, during the financial year 2004 for the period April 2003 – March 2004, the net sales grew up to per cent as compared to last year. While the net sales grew up to RS 182.8 million as compared to RS 141.2 million for April 2002-March 2003 period.

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The operating profit increased from 11.4 per cent at RS 33.2 million from RS 29.8 million. The net profit after tax deduction was higher by 8.7 per cent to RS 28.9 million as compared to last year’s RS 26.6 million. The earning per share (EPS) is RS 0.59 for the year.

The year under review is the first in the decade old company’s history as a listed entity.

Commenting on the performance for FY2004, BAG films ltd, managing director, Anurradha Prasad is quoted in the release as saying, “The just concluded financial year has been one of consolidation. Considerable time and effort has been invested into identifying opportunities and building platforms for growth. Some initiatives in the programming arena almost immediately struck a chord with our audiences. At BAG we are confident and enthusiastic that our highly proficient and experienced team backed by a robust infrastructure will deliver healthy performance going forward”

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The production house has an afternoon family drama Kumkum, which is currently on Star Plus. It has also produced the Brian Silas show that has begun airing on Sahara Manoranjan from 25 June 2004, says the release.

While Poll Khol – it’s satirical show, which has received rave reviews, is back on Star News, the company has been successfully producing a crime special bulletin Red Alert. The two news and information programmes based on current affairs and the entertainment industry respectively, Rozana and Khabrein Bollywood Ki, produced by the production company air on Doordarshan News.

That apart, the company has been trying to explore various avenues like films, media school, new media like DVD, haptics, video streaming, wireless transmission and the internet.

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BAG films went public in September 2003, with a public issue of 14,860,000 equity shares of RS 2 each at a premium of RS 8 per share, aggregating to RS 148.6 million. The company is listed on the Delhi, Mumbai and National Stock Exchanges. The proceeds of the Public Issue have been utilised mainly towards construction of convergence studio and iSomes and production of feature films, adds the release.

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GECs

EPIC Company unifies all brands under single EPIC identity

IN10 Media rebrand aligns TV, digital and films into one ecosystem

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MUMBAI: The EPIC Company, formerly known as IN10 Media Network, has announced a sweeping brand consolidation, bringing its television channels, digital platforms and content IPs under a single identity, EPIC.

The move is aimed at simplifying the company’s structure while creating a more connected content ecosystem spanning television, digital and films. By aligning multiple verticals under one umbrella, the company is looking to present a sharper, more cohesive face to both audiences and partners.

As part of the transition, several channels have been rebranded to align with the EPIC identity. EPIC will now operate as EPIC TV, while Nazara becomes EPIC Bharat, Filamchi is now EPIC Bhojpuri, Gubbare transitions to EPIC Kids, and ShowBox is reintroduced as EPIC Music. Ishara will continue under the identity EPIC Parivaar, maintaining its core positioning.

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The company has also refreshed EPICON, its streaming platform, to reflect a more unified and modern brand experience. The overhaul is designed to improve content discovery and create a seamless experience across platforms.

This consolidation follows the recent launch of EPIC Studio, a unified production arm that brings together Juggernaut Productions and MovieVerse Studio, as the company expands its footprint across films, OTT and television.

The EPIC Company managing director Aditya Pittie said, “As our scale has grown, it has become important to simplify how we operate and how we present ourselves to the ecosystem. This consolidation gives us a clearer, more future-ready structure to partner, invest, and build at scale, while ensuring that for viewers, the experience is more seamless and intuitive.”

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With the rebrand, The EPIC Company is positioning itself as a platform-agnostic content network, focused on scale, simplicity and integrated storytelling. By bringing everything under one banner, it is aiming to make its content universe easier to navigate and harder to ignore.

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