Karan Johar says that Dharma Productions earns less but makes films from the heart.
Dil Ki Duniya vs Bank Balance
Many people think that a big company like Dharma Productions makes mountains of profits.
Recently, Karan Johar said that when people from the corporate world see his P&L statement, their eyes widen. They are surprised, “Is that all?”
Reality of business
Karan says that filmmaking is not a mental work, but it is done from the heart.
“We don’t look at numbers to make films, we listen to the call of the heart.”
When numbers opened our eyes
People from the industry say, “Your business looks so great from the outside.”
But the P&L sheet shows that hard work does not necessarily get rewarded in money.
Karan admitted that he was shocked to see the Excel sheet in many meetings, because it was natural to be shocked when the value of one’s creative world came to light.
Adar Poonawalla’s Dhamaka
Last year, Karan sold his 50% stake to Serum Institute CEO Adar Poonawalla.
Adar is said to have invested Rs 1000 crore in Dharma Productions and Dharmatic Entertainment combined.
At the CNBC-TV18 Global Leadership Summit, this partnership was described as a “perfect meeting of two minds”.
Karan says dharma films are not flopping and explains why he sold the stake
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Compulsion of companionship, strength of vision
Karan admits that after heading Dharma for a long time, he needed an outside eye.
“I needed a partner who could give me a new direction and strategic insights for growth.”
Adar also admitted that the decision to enter the media was a surprise for him, but verticals like music distribution and content creation will flourish in the next five to seven years.
Corporate jargon circle
Put, call, drag, tag—these words were completely beyond Karan’s world.
“I’m a creative artist; I don’t know the definition of retail price tags or trading terms.”
Every meeting saw a new tab open, a new graph pop up—Karan found himself lost in that colourful, complex map.
Future Rally
While Adar will now run the business, Karan will take over the creative reins.
Will Dharma Productions’ profits touch new heights now? The answer to this question will determine Karan’s directorial comeback in 2026.
After blockbuster hits like Rocky Aur Rani Kii Prem Kahaani, audiences are waiting with anticipation for the next story to touch hearts and make bank balances smile.
