Hindi
UFO Moviez reports Q2&H1FY25 results
Mumbai, October 29, 2024: UFO Moviez announced its financial results for the quarter and half year ended 30 September 2024.
Financial Highlights:
Quarter ended 30 September 2024
Q2FY25 saw an 11 per cent YoY increase in total revenue, driven by growth in theatrical and exhibitor revenue. However, advertising revenue remained subdued due to the mixed performance of film releases during the quarter.
· Consolidated Revenues grew by 11 per cent from Rs 871 mn in Q2FY24 to ₹ 968 mn in Q2FY25,
· EBITDA for the quarter stood at Rs 102 mn, compared to ₹ 177 mn in Q2FY24,
· Reported a pre-tax loss of Rs six mn in Q2FY25, compared to the profit of ₹ 55 mn in Q2FY24,
· Reported Net loss of Rs 9 mn in Q2FY25, compared to a Net profit of ₹ 33 mn in Q2FY24.
Half Year September 30, 2024
· Consolidated Revenues grew by 11 per cent from Rs 1,913 mn versus Rs 1,725 mn in H1FY24,
· EBITDA stood at Rs 168 mn versus ₹ 340 mn in H1FY24,
· Reported loss of ₹ 49 mn at PBT level versus the profit of ₹ 90 mn in H1FY24,
· Reported Net loss of Rs 50 mn, compared to the Net profit of ₹ 58 mn in H1FY24.
“Q2FY25 highlighted the impact of quality content and underscored the need for consistency in successful releases across languages,” said executive director & group CEO Rajesh Mishra. “While some releases performed well, the underperformance of a few titles, along with a lack of successful Hindi films in September, contributed to muted advertising revenue. However, growth in theatrical and exhibitor revenue supported the overall performance, reaffirming the resilience of in-cinema entertainment. Looking ahead, with a strong lineup of upcoming releases such as Singham Again, Bhool Bhulaiyaa 3, Pushpa 2 etc, we are optimistic about building momentum in the upcoming quarters.”
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.
