Connect with us

Hindi

Blockbusters fail to drive up Eros Q3 net

Published

on

MUMBAI: Eros International Media‘s (Eros) net profit for the fiscal third quarter has declined 6 per cent to Rs 652 million from Rs 690.9 million in the same quarter last fiscal.

The company‘s total income for the quarter reduced 10 per cent to Rs 3.7 billion from Rs 4.11 billion in the corresponding quarter.
Direct cost for the quarter declined to Rs 2.59 billion from Rs 2.93 billion in the previous fiscal. Other expenses grew 36 per cent to Rs 188.7 from Rs 139 million.

The third quarter was powered by successful releases such as English Vinglish, Maatraan, Son of Sardaar, Thuppaki, Khiladi 786, and Dabangg 2 (overseas).

Advertisement

Son of Sardar received favourable reviews from audiences and reported a net box office collection of Rs 1.08 billion worldwide. Khiladi 786 also scored well at the box office reporting a net collection of Rs 770 million worldwide.

English Vinglish, a women-hero family entertainer, received unanimous thumbs up from critics as well as audiences. This film reported an impressive net box office collection of Rs 675 million worldwide.

Thuppaki raked in a net box office collection of Rs 1.8 billion in the domestic market and has become the fourth film to join the Rs 1 billion club in Tamil films. ‘Maatraan‘, another high profile release, was also well received and reported a net book office collection of Rs 900 million at domestic box office.

Advertisement

During the quarter under review, the company said it had entered into a number of satellite television licensing deals which resulted into valuable contribution to its revenues.

Eros International Media MD Sunil Lulla said, “Firstly it gives me great pleasure to declare an interim dividend at 15 per cent and thank all our shareholders who put their faith in us. Our slate was a well architected combination of modest budget high concept films as well as high profile big star cast films in Hindi and Tamil, which performed very well at the box office resulting in corresponding strong revenues through other channels of distribution like television and digital.

Eros, which partnered HBO to launch HBO Hits and HBO Defined, said that carriage deals for the two premium Hollywood and Bollywood movie channels are being worked out. The carriage deals and specific details of the launch will be announced separately in due course, it said.

Advertisement

“We are extremely excited about our collaboration with HBO who are leaders in premium television arena globally. The collaboration will allow us to unlock the value of our library and new film slate even more and foray into the growing premium television market in India where television viewers will be offered advertising free compelling Bollywood and Hollywood content,” Lulla added.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Hindi

Jio Studios unveils AI-powered Krishna teaser at NAB Show 2026

Global first look of Krishna uses Galleri5 AI pipeline on Azure, Historyverse slate as Jio’s Dhurandhar crosses Rs 3,000cr worldwide.

Published

on

MUMBAI: Krishna has just dropped a divine teaser and this time the gods are powered by silicon, not just scripture. Jio Studios and Collective Studios’ Historyverse stole the spotlight at the NAB Show 2026 in Las Vegas with the world’s first teaser for their upcoming theatrical feature Krishna, directed by Manu Anand. The big reveal happened during Microsoft’s keynote “Powering Intelligent Media, From AI Experimentation to Real-World Impact,” where the film’s AI-native production pipeline took centre stage alongside Collective Artists Network’s in-house platform, Galleri5.

At the heart of this mythological spectacle lies a fresh cinematic workflow built by Galleri5 on Microsoft Azure’s advanced AI and cloud infrastructure. Forget bolting AI onto traditional VFX or animation, this is an end-to-end, production-grade system woven into every layer: world-building, character creation, shot design and final output. Yet the storytelling remains firmly director-led, emphasising emotional depth, stillness, music and performance rather than pure spectacle. The result? Large-format theatrical cinema rooted in Indian history and culture, but conceived in ways that were simply not possible before.

Collective Artists Network runs Galleri5 natively on Azure, leveraging Microsoft Foundry and cutting-edge AI tools to handle film, episodic and advertising workflows in a secure enterprise environment. Microsoft highlighted Collective as a “Frontier” organisation successfully moving AI from pilot projects to real production-scale deployment in cinema. The technology is also on display at Microsoft’s NAB booth in the West Hall (Booth W1731).

Advertisement

Jio Studios (Media & Content Business, Reliance Industries), president Jyoti Deshpande said the project advances the studio’s mission to take Indian stories global with scale, ambition and authenticity, “With Krishna, we are embracing cutting-edge AI-led filmmaking while democratising these tools to make them more accessible, intuitive and cost-effective for storytellers everywhere.”

Collective Artists Network founder & group CEO Vijay Subramaniam added, “We’re using technology developed in India to carry our culture and history to audiences worldwide at a scale never seen before.”

Microsoft, vice president for telco media & entertainment, gaming Silvia Candiani noted that the media industry has reached an inflection point, “AI is no longer about experimentation but delivering real impact at production scale… By building AI-native creative systems on Microsoft Azure, Collective exemplifies how storytellers can unlock new formats, move faster and realise a true return on intelligence while keeping human creativity at the centre.”

Advertisement

Krishna forms part of Historyverse, Collective Studios’ ambitious slate of history and culture-driven IPs. The slate draws from iconic figures and traditions that shaped the Indian subcontinent, including stories inspired by Kali, Karna and Durga. It builds on the already-released Mahabharat: Ek Dharmayudh series, showing how ancient narratives can be reimagined for modern screens.

Jio Studios, India’s leading content studio and the media and content arm of Reliance Industries, continues its blockbuster run. The studio’s Dhurandhar franchise led by Dhurandhar and Dhurandhar: The Revenge has become the first Indian film series to cross Rs 3,000 crore worldwide. It also delivered three consecutive years of India’s highest-grossing Hindi films: Stree 2 (2024), Dhurandhar (2025) and Dhurandhar: The Revenge (2026). In just eight years, Jio Studios has assembled a library of over 160 films and series, with more than 60 titles winning over 500 awards. Other notable successes include Laapataa Ladies (India’s official Oscar entry 2025), Stree, Article 370, Shaitaan and Mrs.

The NAB unveiling marks another step in Jio Studios and Collective’s push to blend Indian storytelling talent with frontier technology proving that the future of cinema may well be both ancient in spirit and thoroughly modern in execution. For audiences who love epic tales with a fresh twist, Krishna promises to deliver divine drama, this time with a little help from the cloud.

Advertisement
Continue Reading

Advertisement News18
Advertisement
Advertisement
Advertisement
Advertisement Whtasapp
Advertisement Year Enders

Indian Television Dot Com Pvt Ltd

Signup for news and special offers!

Copyright © 2026 Indian Television Dot Com PVT LTD

This will close in 10 seconds