Animation
DQ Entertainment reports profit for Q2-2015 versus loss in Q2-2014: Animation segment back in black
BENGALURU: The Tapas Chakravarti led DQ Entertainment (International) Limited (DQEIL) reported a profit after tax (PAT) of Rs 14.43 crore (27.4 per cent of Total Income from Operations or TIO) in Q2-2015 (quarter ended 30 September 2014, current quarter) versus a loss of Rs 12.06 crore in Q1-2015. PAT for the current quarter, however was down 36.5 per cent as compared to the Rs 22.72 crore (40.27 per cent of TIO). PAT in HY-2015 at Rs 2.38 crore (3.3 per cent of TIO) was less than a twelfth (1/12.4 times) the Rs 29.35 crore (33.7 per cent of TIO) in HY-2014.
Note: 100,00,000 = 100 Lakhs = 10 million = 1 crore
Two segments contribute to DQEIL revenues – animation and distribution. The company’s animation segment which had reported operating loss of Rs 1.07 crore on segment revenue of Rs 9.93 crore in the previous quarter, reported an operating profit of Rs 23.62 crore on segment revenue of Rs 39.94 crore in Q2-2015. For Q2-2014, animation segment had reported operating profit of Rs 22.7 crore on higher operating revenue of Rs 41.57 crore. For HY-2015, this segment reported revenue of Rs 49.86 crore and an operating profit of Rs 16.47 crore versus higher revenue of Rs 69.14 crore and higher operating profit of Rs 29.43 crore in HY-2015.
The company’s distribution segment reported the following numbers: Q2-2015 – Revenue Rs 12.71 crore, operating profit Rs 12.02 crore; Q1-2015 – Revenue Rs 10.71 crore, operating loss Rs 1.19 crore; Q2-2014 – Revenue Rs 15 crore, operating profit Rs 9.44 crore; HY-2015 – Revenue Rs 23.41 crore, operating profit Rs 10.83 crore; HY-2014 – Revenue Rs 17.86 crore, operating profit Rs 7.58 crore.
Let us look at the other numbers reported by DQEIL for Q2-2015
DQEIL TIO in Q2-2015 at Rs 52.64 crore was more than double (2.5 times) the Rs 20.64 crore in the immediate trailing quarter, but 7 per cent lower than the Rs 56.58 crore in Q2-2014. TIO in HY-2015 at Rs 72.38 crore was 16.8 per cent lower than the Rs 87 crore in HY-2014.
The company’s total expenditure (TE) in Q2-2015 at Rs 25.24 crore (47.9 per cent of TIO) was 9 per cent less than the Rs 27.72 crore (134.3 per cent of TIO) in the previous quarter and 36.5 per cent lower than the Rs 41.77 crore (73.8 per cent of TIO). In HY-2015, TE at Rs 52.56 crore (72.6 per cent of TIO) was 33.5 per cent lower than the Rs 79.07 crore (90.9 per cent of TIO) in HY-2014.
DQEIL’s employee expense (EBE) in Q2-2015 at Rs 15.34 crore (29.1 per cent of TIO) was 7.8 per cent lower than the Rs 16.64 crore (80.6 per cent of TIO) and 22.3 per cent lower than the Rs 19.74 crore (34.9 per cent of TIO) in Q2-2014. HY-2015 EBE at Rs 31.98 crore (44.2 per cent of TIO) was 20 per cent lower than the Rs 39.97 crore (45.9 per cent of TIO) in HY-2014.
The company’s depreciation, amortization and impairment expense (depreciation) in Q2-2015 went up 4.6 per cent to Rs 7.98 crore (15.2 per cent of TIO) from Rs 7.63 crore (36.9 per cent of TIO) in Q1-2015 and was 18.9 per cent lower than the Rs 9.84 crore (17.4 per cent of TIO) in Q2-2014. HY-2015 depreciation at Rs 15.6 crore (21.6 per cent of TIO) was 17.5 per cent less than the Rs 18.92 crore (21.7 per cent of TIO) in HY-2014.
DQEIL’s production expense in Q2-2015 at Rs 1.78 crore (3.4 per cent of TIO) was 17.4 per cent lower than the Rs 2.15 crore (10.4 per cent of TIO) and almost 5 times the Rs 0.36 crore (0.6 per cent of TIO) in Q2-2014. Production expense in HY-2015 at Rs 3.93 crore (5.4 per cent of TIO) was almost double (1.95 times) the Rs 2.01 crore (2.3 per cent of TIO) in HY-2014.
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MUMBAI: History is getting a fresh rewrite this time with code, creativity and a longer arc in mind. Lens Vault Studios has announced its first original production, Bal Tanhaji, marking the official entry of the newly launched, tech-driven studio into India’s evolving entertainment landscape.
Arriving six years after the box-office success of Tanhaji: The Unsung Warrior, the new project expands the universe rather than revisiting familiar ground. Bal Tanhaji explores uncharted narrative territory, signalling a clear shift from one-off cinematic spectacles to long-format, world-building storytelling designed for digital-first audiences.
At the heart of this ambition is Prismix Studios, the in-house generative AI and technology arm powering the creative engine behind the show. The studio’s approach blends storytelling with next-generation tools, aiming to reimagine how Indian IPs are created, scaled and sustained beyond theatrical releases.
For Lens Vault Studios chairman Ajay Devgn the new venture represents a deliberate step beyond traditional cinema. The focus is firmly on building long-form intellectual properties across fiction and non-fiction, tailored to changing viewing habits and platform-led consumption. He said the studio intends to explore formats that remain largely untapped, while drawing on the team’s experience with large-scale cinematic storytelling.
Lens Vault Studios founder and CEO Danish Devgn echoed that sentiment, describing Bal Tanhaji as the studio’s first generative-AI-led IP and the starting point of a broader vision. The aim, he noted, is to carry forward the legacy of the Tanhaji universe while connecting with younger audiences through a blend of powerful narratives and emerging technologies.
With Bal Tanhaji, Lens Vault Studios is planting its flag early not just launching a show, but signalling a larger play for cinematic universes that live, grow and evolve across platforms. If this debut is any indication, the future of Indian storytelling may be as much about imagination as it is about innovation.
