GECs
Shringar Cinemas Q1 net loss at Rs 8 million
MUMBAI: Shringar Cinemas Ltd. has posted a net loss of Rs. 7.8 million for the first quarter ended 30 June 2005, down from Rs. 14 million in the last quarter of 2004-05.
Revenues for the first quarter, however, increased by 20 per cent to Rs. 160.5 million, from Rs. 133.6 million during this period. “The revenue growth has been due to the sharp increase in the exhibition business aided by three of the four Fame multiplexes being fully operational during this period for the first time,” the company said in a release.
Operating profits increased to Rs. 24.8 million (as against Rs. 23.4 million), led by the improved performance in the exhibition business and control over costs.
Profit-before-tax (PBT) saw a turnaround at Rs. 4.7 million in the first quarter, as against a loss of Rs. 7.5 million in the quarter ended March 31, 2005. Being in an investment phase, the company continued to be in a net loss situation.
As this is the first year of publishing the quarterly financial results after the company floated an initial public offering (IPO), comparative figures for the previous year quarter are not available.
Announcing the results, Shringar Cinemas managing director Shravan Shroff said: “Our strategy of focusing on the exhibition business has already started showing results with significant improvement in profit margins. We hope to maintain these levels in terms of both revenue growth and margins, while progressing in our growth path of being one of the leaders in the multiplex business in India.”
Shringar Cinemas plans to extend its presence in Thane, Aurangabad, Hyderabad, Kolkata and Surat.
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
