Jackky Bhagnani returns to acting after six years with Independence Day anthem 'Tere Rang Mein': "I wanted the street credibility and respect of Gen Z"

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Jackky Bhagnani has returned to acting after a six-year gap with the Independence Day anthem 'Tere Rang Mein,' released under his music label Jjust Music. The actor-producer said the song offered him an opportunity to return to the screen with a project that was personally meaningful to him. Bhagnani described himself as a patriot and said the nature of the song played an important role in his decision to face the camera again. “I am a patriot by heart. It’s been quite some time since I faced the camera. So, I thought the best way to come back is with the right cause,” Bhagnani said. The actor's return comes after several years of focusing primarily on film production. According to Bhagnani, stepping away from acting was a conscious decision as he worked behind the scenes and became more involved in producing films. Jackky Bhagnani on focusing on film production Bhagnani said his experience as a producer made him rethink the way he wanted to approach his acting career. He ...
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What Reliance Industries Limited’s interest means for Dharma Productions – A look at the financial Ups and Downs at the production house

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Dharma Productions, one of India's leading film production houses, has caught the attention of Reliance Industries Limited, which is reportedly in talks to take a stake in the company. This possible acquisition comes at a time when Dharma Productions has experienced significant financial fluctuations over the past few years.

In FY 2021-22, the company faced a sharp decline in net profits, down by 59% to Rs. 11 crores. This drop was largely driven by high operational expenses, which reached Rs. 1,028 crores. Despite this, the company managed to generate Rs. 19 crores from distribution, Rs. 167 crores from the sale of digital rights, Rs. 34 crores from satellite rights, and Rs. 21 crores from music rights, making up a total revenue of Rs. 278 crores.

Fast forward to FY 2022-23, Dharma Productions saw a substantial recovery. Its revenues soared to Rs. 1,044 crores, driven by Rs. 656 crores from distribution rights, Rs. 140 crores from digital rights, Rs. 83 crores from satellite rights, and Rs. 75 crores from music rights. This strong performance led to a notable after-tax profit of Rs. 27.1 crores. Borrowings during this period amounted to Rs. 82 crores, slightly down from Rs. 92 crores in FY22.

However, in FY 2023-24, the company’s net profit dipped again to Rs. 10.70 crores, signaling ongoing volatility in its financial performance. With the company stabilizing revenue streams through the sale of digital, satellite, and music rights, a potential partnership with Reliance Industries Limited could be a strategic move to further capitalize on growth opportunities.

Reliance Industries Limited’s interest in acquiring a stake in Dharma Productions highlights the increasing value placed on content-driven businesses. Such an acquisition could pave the way for expanded distribution networks and diversified revenue streams, ultimately strengthening Dharma’s financial standing in the competitive entertainment industry.

Also Read: Mukesh Ambani eyes Karan Johar’s Dharma Productions: Will Reliance secure a stake in Bollywood’s top Studio?



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