Dharma Productions is among the premier manufacturing homes within the nation and its head honcho Karan Johar is making a strategic shift within the firm. As per a report by Exchange4Media, the veteran filmmaker desires to promote majority stake in Dharma Productions. So as to take action, he has reached out to a few of India’s largest companies and enterprises for funding functions.
Karan Johar’s Dharma Productions on the lookout for buyers? Main companies eye Bollywood’s crown jewel together with a music firm
The Exchange4Media report additional mentioned that the potential buyers are mentioned to be high enterprise homes primarily based out of Mumbai, Kolkata and Ahmedabad. The article, nevertheless, doesn’t identify them. Additional, it additionally hints that one in every of these enterprises is a music firm and is a frontrunner on this race.
As per Dharma’s monetary knowledge, the revenue generated by Dharma Productions, after tax deduction, in FY 2022-23 was Rs. 27.1 crores. In FY 2023-24, it was lowered to Rs. 10.70 crores. Whereas its whole income was Rs. 278 crores in FY22, it was Rs. 1,044 crores in FY23. Its borrowings amounted to Rs. 82 crores in FY23, although it totalled Rs. 92 crores in FY22.
Exchange4Media had contacted Dharma Productions CEO and producer Apoorva Mehta however he was unavailable for remark.
Dharma Productions have had 4 releases this 12 months already. Their first movie of 2024 was the hijack drama Yodha, starring Sidharth Malhotra. This was adopted by the sports activities romantic drama Mr & Mrs Mahi, starring Rajkummar Rao and Janhvi Kapoor. In July that they had two releases – the violent flick Kill and the comedian caper Unhealthy Newz.
Dharma’s subsequent manufacturing might be Jigra, starring Alia Bhatt and Siddhant Chaturvedi-Triptii Dimri’s intense love story, Dhadak 2. Whereas the previous releases on October 11, the latter will arrive in cinemas on November 22.
Their different launch this 12 months is Devara, which is offered by Dharma Productions. It stars Jr NTR, Saif Ali Khan and Janhvi Kapoor.
Additionally Learn: “My largest remorse is that my father wasn’t there”: Karan Johar on Yash Johar’s absence throughout Dharma Productions’ peak
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