Hindi
Eros Q2 net skids 41.5% to Rs 266.7 mn
MUMBAI: Eros International Media, the pure play movie production company, has posted a consolidated second-quarter net profit of Rs 266.7 million, down 41.5 per cent from Rs 455.9 million it had posted in the corresponding quarter of the previous fiscal.
The company‘s total income fell 6 per cent to Rs 1.75 billion for the three-month period ended September (from Rs 1.87 billion).
Eros‘ earnings before interest and taxes (EBIT) for the quarter was at Rs 407.4 million, down 27.7 per cent from Rs 563.6 million in the earlier year.
Ebit margins stood at Rs 23.2 per cent, compared to Rs 30.2 million a year ago.
During the first half of the current fiscal, consolidated net profit fell 16.9 per cent to Rs 500 million, as against Rs 601.4 million in the first half of FY‘11. Total income was at Rs 3.38 billion compared to Rs 3.13 billion in the earlier year.
In the first half, Eros has released 42 films of which majority were in Tamil. Among the Hindi films, the company released Ready, Chalo Dilli, Zindagi Na Milegi Dobara, Murder 2 and Mausam.
Hindi
Jio Studios, Sanjay Dutt team up to revive Khal Nayak
Rights acquired for new version, format under wraps as remake plans take shape.
MUMBAI: The villain is back and this time, he’s rewriting his own script. Jio Studios has partnered with Three Dimension Motion Pictures and Aspect Entertainment to revive the 1993 cult classic Khal Nayak, marking a fresh chapter for one of Bollywood’s most iconic anti-hero stories. The original film, directed by Subhash Ghai under Mukta Arts, was a commercial and cultural milestone, with Sanjay Dutt’s portrayal of Ballu becoming one of Hindi cinema’s most memorable performances.
Dutt, along with Aksha Kamboj, has now acquired the rights from the original creators, bringing on board Jio Studios and its President Jyoti Deshpande to steer the project creatively.
While the exact format whether remake, sequel, prequel, or a completely new narrative remains undisclosed, the collaboration aims to reinterpret the story for contemporary audiences while retaining the essence that made the original a defining film of the 1990s.
The move taps into a broader industry trend of reviving legacy intellectual property, particularly characters with strong recall value. “Khal Nayak” was notable for pushing mainstream Hindi cinema into morally grey territory at a time when heroes were largely one-dimensional, making Ballu’s character a standout.
The project also marks the film production debut of Aspect Entertainment, signalling a push towards more technology-led storytelling frameworks. Meanwhile, Jio Studios continues to expand its slate, having built a library of over 200 films and series, with more than 60 titles collectively winning 500-plus awards.
For Dutt, the revival is as much personal as it is strategic, a return to a role that reshaped his career. For the industry, it is another sign that nostalgia, when paired with scale, remains a powerful box-office proposition.
Because in Bollywood, some villains never fade, they just wait for the perfect comeback.
