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Watch the interview of Nachiket Pantvaidya, CEO of Balaji Telefilms'ALT with Nisha Poddar and Mangalam Maloo on CNBC-TV18, in which he updated us on the quarter two performance of the company.
Plan to invest Rs 100-125 crore per year in ALT Balaji and expect revenues of Rs 60-70 crore from that in FY18, said Sameer Nair, Group CEO, Balaji Telefilms.
Delay in film releases and weak collections hurt the consolidated revenues, says Sanjay Dwivedi Group CFO Balaji Telefilms.
Speaking to CNBC-TV18, Ekta Kapoor, Joint MD of Balaji Telefilms said that the production house will add two new television shows in the next quarter.
"We have got three movies and one low-budget movie lined up for FY16," says Balaji Telefilms Group CEO Sameer Nair.