Top Story


Home >> Media - TV >> Article

BAG Films Q1 net up 41 per cent, cash profit up 63 per cent

Font Size   16
BAG Films Q1 net up 41 per cent, cash profit up 63 per cent

BAG Films & Media Ltd has posted a net profit of Rs 7.85 million, up 41 per cent. Cash Profit has also increased by 63 per cent to Rs 20.75 million, while net income from sales and operations appreciated to Rs 91.91 million from Rs 87.65 million.

The company, with a presence in the programming, films and new media business segments, besides running a media school, has delivered strong financial and operating growth on a quarterly basis.

Commenting on the performance for Q1 FY 2008, Anurradha Prasad, Managing Director, BAG Films Ltd, said, “Our performance in the quarter ended June 30, 2007 has been quite satisfactory. Strong emphasis on non-broadcast business and cost control measures has yielded higher top and bottom line, respectively. Going forward, we are confident of continuing to achieve healthy revenue and profitability growth.”

BAG Films has bagged two daily soaps, one on Zee Next and second on the soon-to-be-launched INX channel. Both these soaps are slated to commence before the end of this year. BAG’s new feature film ‘Ami,Yaseen aur amaar Madhubala’ (in Bengali) is slated for world premiere at the Ontario Film Festival in Canada.

The company has also ventured into broadcasting business through two of its subsidiaries – BAG Glamour (P) Ltd and BAG Newsline Network (P) Ltd – wherein the company proposes to launch four television channels in the entertainment and news segments. BAG Films has already applied for the uplinking facility with the I&B Ministry. At present, the company is in the process of setting up the infrastructural facility for the same and hopes to launch these channels before the end of October 2007.


Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

There was reportedly an altercation between the two in Bodhjung Nagar, Tripura

The New Realities study in India is its sixth year. Over 600 online interviews (per country) were conducted in seven countries, as a part of the study.

Rohit Bansal, Group Head of Corporate Communications, Reliance Industries Limited was speaking about the emerging tools of PR through Social Impact during his keynote address at IPRCCA 2017