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Padmalaya Telefilms net up 14 per cent

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Software and film animation major Padmalaya Telefilms Limited has declared its unaudited financial results for the year ended 31 March 2002.

The net sales of the company which was Rs 474.82 million for the year ending 2001 has increased by 41 per cent to Rs 669.70 million.

The total expenditure for the same period has gone up by 35 per cent from Rs 330.13 million in the year 2001 to Rs 446.13 million.

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Net profit has increased by 23 per cent from Rs 96.92 million in 2001 to Rs 119.36 million in March 2002.

The reasons attributed for the comparative decrease in the net profit as compared to the year ended 2001 is due to 100 per cent increase in the depreciation amount from Rs 22.28 million to Rs 45.06 million in March 2002 and an increase in provision for tax which has gone up from Rs 25.48 million in 2001 to Rs 58.62 million in March 2002.

While the net profit after extraordinary income has gone up only by 14 per cent from Rs 106.57 million in 2001 to Rs 121.85 million for the year ended March 2002. The reason for decrease in percentage increase in the net profit after extraordinary income is the decrease in extraordinary income from Rs 14.06 million to Rs 2.5 million.

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For the fourth quarter ended March 2002, Padmalaya Telefilms reported sales turnover of Rs 121.6 million and net profit of Rs 24.3 million. Sales were down by 31 per cent from Rs 176.29 million to Rs 121.58 million.

The drop in sales had been on account of delay in broadcasting of some serials on Doordarshan and release of feature film Kya Dil Ne Kaha which is now scheduled to be released in 1st week of June, as per a company release.

Earning Per Share (EPS) is Rs 11.6 for the period March 2002 whil the P/E for the same period is around 12.

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When last reports came in the share was trading at Rs 138.50. The share prices were stable as good results were expected from the company.

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Rising Bharat Summit 2026 spotlights India’s global ascent

PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.

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MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.

Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.

Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.

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Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.

Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.

The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.

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Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.

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