News Broadcasting
Bag Films reports a Q1 gross profit of 20.52 mn
MUMBAI: BAG Films Limited recently announced its results for the quarter ended 30 June 2004.
Highlights of the quarter:
-Net revenue increases 57 per cent to Rs. 686.87 lacs compared to Rs. 438.09 lacs.
-Revenues from Audio-Visual Production appreciate 56 per cent to Rs 684.53 lacs.
-Revenues from infrastructure and equipment hire grew 265 per cent to Rs 2.34 lacs.
-Gross profit appreciates 51 per cent to Rs 205.28 lacs from Rs 136.32 lacs.
-PBIDT improves 39 per cent to Rs. 107.36 lacs from Rs. 77.08 lacs.
As stated during its IPO, B.A.G. has deployed the proceeds of its Public issue of September 2003 towards new infrastructure and programming initiatives. This is also in line with the Companys objective of becoming a debt free company. As a result, interest costs were marginal in the quarter under review.
Commenting on the performance for Q1 FY 2005, BAG Films managing director Anurradha Prasad says: During the first quarter of the current financial year, we have endeavored to enhance our presence across all our business segments. These initiatives will contribute towards B.A.G. Films objective of becoming a large and dominant player in the media sector. The response from the student fraternity to the launch of iSomes has been overwhelming. I remain confident of B.A.G. Films delivering strong operating and financial performance going forward
The company is also pursuing opportunities in various new media avenues such as DVD, video streaming, wireless transmission and the internet besides identifying new uses for existing technologies such as digital libraries, interactive story telling, and distance learning
During the period under review, the Company initiated Region based IVR Services in Tamil and Kannad in partnership with BPL Mobile. It has also begun providing voice-based Hindi and English content to BPL Mobile for its Mumbai subscribers.
Additionally, the Company has begun providing SMS content to STAR Television for Companys News and Astrology based 7827 services.
BAG is also amongst the first entities in the country to enter the high potential and lucrative video streaming segment.
In May 2004, the Company began providing fifteen-second video clips to Airtel these include movie promotions and snippets from popular events like Lakme India Fashion Week.
News Broadcasting
Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.
The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”
Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.
The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.
Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.
In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.
