DTH
SWAY studio alters history for ‘The Saints are Coming’
MUMBAI: SWAY Studio, one of North America’s visual effects studios has announced its contribution to the new U2 and Green Day music video titled The Saints are Coming.
For this production, SWAY has integrated many photo-real CG elements, including Harrier jets, Apache helicopters, Stealth Bombers and tanks into existing news footage from hurricane Katrina. The result is a thought-provoking and emotional video that shows what it might have looked like had the government responded differently to the disaster, asserts an official release.
Directed by Radical Media’s Chris Milk this video was produced to raise funds for Gulf Coast musicians affected by the hurricane Katrina disaster. The Saints are Coming has been featured on newscasts such as CNN and is currently airing on VH1 and MTV. It can also be viewed online at mtv.com or vh1.com.
SWAY Studio owner and creative director Mark Glaser said, “This project had a very tight deadline of two and a half weeks from start to finish. This made our work particularly challenging because the CG elements that were integrated into existing news footage needed to have a very high degree of photorealism to be successful.”
SWAY’s main challenge was to make the Iraqi desert storm aircraft and tanks look like they were actually there in New Orleans for the rescue and mass evacuation. Every shot was scrutinised, worked and reworked to ensure its believability, adds the release.
“SWAY also added video degradation to the CG elements so that they would match the original footage, which varied substantially from shot to shot,” added Glaser.
SWAY utilized a variety of off-the-shelf and proprietary hardware and software to compete the project. The most prominently used tools were 3ds Max, V-Ray, Flame, NUKE and After Effects. All of the water effects were done using Real Flow 4.
All proceeds from the sale of The Saints are Coming will go to Music Rising, an instrument replacement fund for musicians located on the Gulf Coast.
DTH
GTPL Hathway posts FY26 revenue growth, Q4 slips into loss
Annual profit at Rs 5.88 crore; Q4 loss at Rs 5.90 crore
MUMBAI: A strong year met a shaky finish as GTPL Hathway closed FY26 on a high note only to stumble at the final hurdle. The company’s latest financials reveal a tale of two timelines: steady annual growth alongside a fourth-quarter dip that nudged it into the red. GTPL Hathway Limited reported total income of Rs 2,472.46 crore for the year ended March 31, 2026, marking a clear rise from Rs 2,223.00 crore in FY25. Revenue from operations stood at Rs 2,450.78 crore, up from Rs 2,193.38 crore a year ago, signalling consistent traction in its core cable TV and broadband business.
Yet, beneath the annual growth narrative, the March quarter told a different story. The company posted a net loss of Rs 5.90 crore in Q4 FY26, a sharp reversal from a profit of Rs 0.91 crore in the preceding quarter and Rs 8.15 crore in the same period last year. Total income for the quarter came in at Rs 618.46 crore, largely flat sequentially but higher than Rs 569.33 crore reported a year earlier.
The pressure was visible across the cost structure. Total expenses for the quarter rose to Rs 620.64 crore, marginally exceeding income and tipping the company into a loss before tax of Rs 7.87 crore. This compares with a profit before tax of Rs 1.22 crore in the December quarter and Rs 11.32 crore in Q4 FY25.
For the full year, however, profitability held firm. GTPL reported a net profit of Rs 5.88 crore in FY26, significantly lower than Rs 47.80 crore in FY25, but still in positive territory despite higher finance costs and operating expenses. Operating expenses alone climbed to Rs 1,884.53 crore for the year, up from Rs 1,603.53 crore, reflecting the increasing cost of running and scaling network infrastructure.
Finance costs also rose notably to Rs 33.57 crore in FY26 from Rs 22.19 crore in FY25, while depreciation and amortisation expenses stood at Rs 189.19 crore, underlining continued investments in assets and technology. Employee benefit expenses, however, declined to Rs 63.42 crore from Rs 77.08 crore, offering some relief on the cost front.
An exceptional item of Rs 5.69 crore during the year also weighed on profitability, compared with Rs 3.79 crore in the previous year. Meanwhile, tax adjustments, including deferred tax movements and prior-year adjustments, played a role in shaping the final earnings outcome.
Despite the quarterly wobble, the broader picture suggests a company still expanding its top line while grappling with margin pressures. With paid-up equity share capital unchanged at Rs 112.46 crore, the focus now shifts to whether GTPL can convert its revenue momentum into more stable, sustainable profitability in the coming quarters.
In short, FY26 may have delivered growth on paper but the closing chapter serves as a reminder that in business, as in broadband, consistency is everything.
