By:- B.T Team

Image Credit:- Google

Dharma Productions Sells Stake

Karan Johar's Dharma Productions sells a 50% stake to Adar Poonawalla for ₹1,000 crore.

Major Deal in Bollywood!

Adar Poonawalla's Serene Productions acquires a significant stake in Dharma Productions and Dharmatic Entertainment.

The Partnership

Leadership Continuity

Karan Johar retains the remaining stake and continues as Executive Chairman, with Apoorva Mehta as CEO.

Seeking Investment

Dharma Productions has actively sought investments and engaged with major players like Reliance and Saregama.

Dharma's revenue surged nearly fourfold to ₹1,040 crore in FY23, despite a 59% drop in net profit to ₹11 crore.

Financial Performance

Revenue Sources

Key earnings: ₹656 crore from distribution rights, ₹140 crore from digital, and ₹75 crore from music.

A Legacy of Hits

Founded in 1976, Dharma Productions has produced over 50 films, including blockbusters like Kabhi Khushi Kabhie Gham and 2 States.

Digital Expansion

In 2018, Dharma launched Dharmatic Entertainment, producing content for global platforms like Netflix and Amazon Prime.

Vision for Growth

Poonawalla aims to leverage digital consumption growth, combining Dharma’s storytelling with his strategic expertise.

A New Chapter

Johar envisions scaling Dharma's legacy, while Mehta sees opportunities for creative expansion in content creation.

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