News Broadcasting
Reliance MediaWorks partner with Dharma Productions
MUMBAI: In yet another triumph of great visual post production work Reliance MediaWorks has delivered a whopping 750 plus VFX shots for Gori Tere Pyar Mein. Reliance MediaWorks have partnered with Dharma Productions to offer a complete range of post-production services like VFX, Digital Intermediate and Color Grading for Dharma productions latest offering.
Reliance MediaWorks has a great working relationship with Dharma Productions, built over the years and brings that knowledge and learning to the project. The Reliance MediaWorks team worked closely with the Gori Tere Pyar Mein crew throughout filming, instead of coming in at the tail end of the production. This put Reliance MediaWorks in a position to help shape the overall look and aesthetics of the film.
The goal with the VFX for the film was to be photoreal and keep the audience guessing about implementation. The film is set in a small village in Gujarat; Reliance MediaWorks (RMW) brought out the rural area and gave it a more rustic look through VFX.
Mr. Venkatesh Roddam, CEO Reliance MediaWorks said, “As Gori Tere Pyar Mein’ is an easy-going romantic movie and not a VFX based movie, most of the VFX in the film is invisible. However, the elements that have been created as part of the VFX for the film play an essential role in the plot of the film, thereby making the task of handling the VFX that much more challenging creatively, and significant to the film. The movie is targeted at the youth with a lot of comic inputs, we preferred to keep the color scheme vibrant, yet signifying warmth and romance and switch the looks and textures as per the varying locations.
There is a bridge in the film that forms a crucial element in the story. The same has been created through VFX in post-production, ditto for the river that flows beneath the bridge. The bridge was a modeled and textured computer generated representation of a real bridge. The models built had to be highly detailed because a large number of close-up shots were to be done on the bridge. For the river, various shots of a lake were taken, which were then given depth and magnitude using the VFX technology.
Commenting on the same Punit Malhotra Director Gori tere Pyar Mein said, “For a film like Gori Tere Pyaar Mein, no one is really aware of the VFX work. Neither does the storyline indicate, nor is that highlighted in the communication. Thereby the transition of the VFX into the frames had to be seamless and almost invisible and non-intrusive for the viewer. That is precisely the reason why we chose to partner with Team RMW.
One challenge was the set extension (the bridge and the river), since they appear in some scenes shot without cranes or tripods to stabilize the camera. Both the set extensions are very crucial to the film. It was essential that viewers believe that the same were real. It was also necessary to manipulate the physical environment to reflect the mood of the film. Since RMW was also the DI house for the project these types of color adjustments went very smoothly between the VFX and DI departments.
Gori Tere Pyar Mein is directed by Punit Malhotra. The movie stars Imran Khan and Kareena Kapoor in lead roles, and is produced by Dharma Productions.
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
