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World Television Premier of ‘Shootout at Wadala

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MAX, the premium Hindi movies and special events channel brings to you the World television Premier of this year’shardcore action gangster film, ‘SHOOTOUT AT WADALA’ on Friday, 18th October at 9PM and Sunday 20th October at 1PM only on MAX.

 

The movie revolves around the character of ManoharSurve alias ManyaSurve, a decent college going student, good in studies and very success oriented. Manohar’s fate changes when he tries to save his older brother,BhargavSurve from a scuffle with Bhaskar’s goons. The brothers end up killing one of the goons for which they land up in jail. The movie then turns into a plot of dare devilry and strategic planning and thus gives birth to ManyaSurve. This film is based on a true story about the first-ever registered encounter by the Mumbai Police, which took place on November 1, 1982.

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Speaking about playing the central character,ManoharSurve,who turns into the gangster ManyaSurve, John Abraham says “The first day I met Sanjay Gupta (director) he had a newspaper article in his hand which was about a Bombay gangster called ManyaSurve.I read the article, looked at Sanjay and told him, this is a film we shoulddefinitely make. I did loads of research as it’s important to have the right look and right performance graph in this film. These roles don’t happen every day and I took it with utmost seriousness.”

 

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Talking about the action and thriller sequence which is an integral scene in the movie and is shot in the midst of a dhobi ghat, Anil Kapoor recollects, “It was a very gripping and an extremely exciting sequence. The floor was very slippery and I was wondering how I would do the scene where I have to run fast. I am very proud of that sequence. The entire film has been shot at many real locations and that’s the reason there is a sense of rawness, intensity and drama.”

 

John Abraham also recollects the accidentwhich took place on the first day of shoot, “One of the guys I was fighting in the scene hit his head on my nose and it was bleeding like a tap on the first day of the shoot. The shot is still in the film, and if you notice carefully my nose is swollen to twice its size. It was very painful. I guess accidents are important to make a film work and I think sometimes are lucky for a film. It’s happened to me practically in every film of mine which has worked.”

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Watch this crime thriller with a punch of adrenaline rush in the World Television Premiere of Shootout at Wadalaon Friday, 18th October at 9PM and Sunday, 20th October at 1PM only on MAX.

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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.

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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.

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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.

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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.

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