GECs
Balaji Films returns to DD as Jeetendra appreciates its marketing and growth
NEW DELHI: Television entrepreneur Ekta Kapoor, who commenced her career with Itihaas on Doordarshan, is back on the national broadcaster with a family-oriented love story.
Pavitra Bandhan – Do dilon ka will be telecast from Mondays to Fridays commencing from 9 September at 8:30 pm.
Balaji Films chairman and renowned actor Jeetendra recalled at a press meet here how the pubcaster had given him support when he and his daughter Ekta first launched their programmes. He said that DD was a king at one time as it was the only one in the race, but it has gradually re-emerged as a major player with this new marketing policies and increasing revenues. ‘The king is content, and not stars, and DD banks on content’, he said.
Pavitra Bandhan is a journey of two strangers Aashima and Girish, who are completely opposite to each other by nature but are destined to meet. But their priorities do not change when they meet and their main concerns remain their respective families.
Deputy Director General Raj Shekhar Vyas, currently in charge of the primary channel DD I, said Ekta had commenced on DD Metro with Itihaas, but had now come on the primary channel. He claimed that the viewership of DD National was now the largest in the world with 1.25 crore viewers.
He said that the channel had acquired world rights of Pavitra Bandhan and it had also been decided that 60 per cent of the revenue from commercials will come to Doordarshan, the balance going to Balaji Films.
Vyas added that DD had now gone on a marketing binge and was also advertising in the print media and through hoardings. A sum of Rs 2 crore had gone to newspapers in recent months on advertising.
V K Jain who is in charge of public relations in Doordarshan said that DD will soon launch cross-channel publicity, and already had over 2,000 hoarding sites in different parts of the country.
Yash Tonk, who plays the male lead, said that he found working in films and television equally challenging. However, he admitted that he had a greater name in TV.
Hritu Dudhani who plays the female lead said she had also acted as a police officer in an early serial on Doordarshan, and acted in Bandhini with Balaji Films.
Others in the cast are Yamini Thakur, Shabnam Sayeed, Shailley Kaushik, Munni Jha, Shalini Arora, and Rajat Dahiya.
Mallika Dutt who has written the story and screenplay denied that Balaji series appeared to go on and on and said this series will only last as long as the viewers want it.
GECs
Sahara One reports financial results, notes director exit and business realignment
Muted revenues, steady expenses and strategic adjustments shape company’s current phase
MUMBAI: In a tale where the sands seem to be slipping faster than they can be gathered, Sahara One Media and Entertainment Limited has reported another quarter of wafer-thin income and widening losses, even as a boardroom exit adds to the unease.
The company informed the Bombay Stock Exchange that its board, in a meeting held on April 4, approved its unaudited financial results for the quarter ended September 30, 2025. The numbers paint a stark picture. Total income for the quarter stood at just Rs 0.13 lakh, unchanged sequentially and sharply down from Rs 0.26 lakh a year earlier.
Losses, meanwhile, deepened. The company posted a net loss of Rs 24.16 lakh for the quarter, compared to Rs 18.81 lakh in the June quarter and Rs 39.69 lakh in the same period last year. For the six months ended September 2025, the cumulative loss stood at Rs 39.69 lakh, while the full-year loss for FY25 was reported at Rs 60.72 lakh.
Expenses continued to outweigh income by a wide margin. Total expenses for the quarter came in at Rs 24.30 lakh, led by employee benefit costs of Rs 6.51 lakh and other expenses of Rs 17.78 lakh. Earnings per share remained in the red at Rs (0.11) for the quarter.
The balance sheet reflects a company with significant assets on paper but limited operational momentum. Total assets stood at Rs 23,065.57 lakh as of September 30, 2025, broadly unchanged from March 2025. Equity share capital remained steady at Rs 2,152.50 lakh, while total equity was reported at Rs 18,004.85 lakh.
Cash and cash equivalents saw a modest uptick to Rs 6.75 lakh from Rs 4.68 lakh earlier, supported by a positive operating cash flow of Rs 180.01 lakh for the period.
Yet, beneath these numbers lies a more complex narrative. The company’s auditors flagged their inability to obtain sufficient evidence to form a conclusion on the financial statements, citing lack of access to records. They also raised concerns over the company’s ability to continue as a going concern, pointing to insufficient funds, delayed recoveries, and stalled content investments.
Adding to the governance overhang, the company disclosed that Rana Zia has resigned as whole-time director, effective October 16, 2025, citing other professional commitments. The resignation, noted and accepted by the board, also brings an end to her role across company committees.
Regulatory pressures continue to loom large. The Securities and Exchange Board of India has already initiated penal actions for non-compliance with listing norms, with trading in the company’s shares remaining suspended. There is also a risk of promoter demat accounts being frozen.
Legacy legal issues remain unresolved. A substantial deposit of Rs 694,027.88 thousand linked to the long-running OFCD dispute involving Sahara group entities is still under the purview of the Supreme Court of India. Restrictions on asset disposal continue to weigh on the company’s financial flexibility.
Operationally, challenges persist across multiple fronts. Advances worth Rs 1,92,916 thousand given for film content remain stuck, with delays in project completion and uncertain recoverability. The company’s YouTube channel, despite being operational, has generated no revenue for over three years due to compliance lapses. In a further twist, management has indicated that revenues may have been fraudulently diverted through unauthorised changes to its AdSense account, with a police complaint in the works.
There are also missed revenue opportunities. Television content rights continue to be used by a related party despite the expiry of the licence agreement, with fresh negotiations still underway.
For now, Sahara One Media and Entertainment Limited appears caught between legacy disputes and present-day operational hurdles. As losses linger and governance questions mount, the road to recovery looks less like a sprint and more like a slow trudge through shifting sands.
