News Headline
Balaji Telefilms scrip rises post 3QFY03 net profits
MUMBAI: The stock markets are bullish about Balaji Telefilms due to the increase in its net profits for the quarter ended 31 December 2002. On the Bombay Stock Exchange (BSE), the Balaji Telefilms scrip opened today at Rs 74.4 and climbed to Rs 76 (up 2.15 per cent) by noon. On the National Stock Exchange (NSE), the scrip climbed to Rs 78.85 (up 1.95 per cent). The volumes traded were 28,714 shares MD Shobha Kapoor) and 66,134 shares (NSE).
Balaji Telefilms has posted a net profit of Rs 174.75 million for the third quarter ended 31 December 2002, which is 105.28 per cent higher compared to a net profit of Rs 85.10 million in the corresponding period last fiscal.
The net sales for the nine months ended 31 December was Rs 1414.32 million as compared to Rs 774.72 million for the corresponding period last year. The net profit for the nine month period in 2002 was Rs 454.46 million as compared to Rs 200.7 million in 2001.
Total income of the production kingpin has increased by 73.48 per cent from Rs 304.0 million in the December quarter of 2001 to Rs 527.41 million in the quarter under review. EPS 3.39 on a price of Rs 74.40, the PE ratio works out to 21.92.
Commenting on the third quarter performance of the company, Balaji Telefilms CEO and MD Shobha Kapoor said: “Our efforts of producing quality programs have delivered excellent results during the quarter and we continue to vigorously pursue the strategy of delivering high quality entertainment.”
“We are now pushing the yardstick further with a spate of investments in the state of the art studios/facilities that will spur future growth and strengthen our leadership. We are also targeting regional/ international markets and have plans to leverage our existing software library. Our endeavor is to take the Indian television programming industry to global heights,” added Kapoor.
The revenues from commissioned programmes rose to Rs 433.04 million for the quarter ended 31 December 2002 (as against Rs 230.82 million in 2001) and Rs 1216.13 million for the nine months ended 31 December 2002 (as against Rs 518.62 million).
The revenues from sponsored programmes rose to Rs 93.89 million for the quarter ended 31 December 2002 (as against Rs 71.09 million in 2001) but fell to Rs 198.19 million for the nine months ended 31 December 2002 (as against Rs 256.1 million).
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
