PFOCUS2023-10-012023-12-31 PFOCUS2023-10-012023-12-31 PFOCUS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member PFOCUS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member PFOCUS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses03Member PFOCUS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses04Member PFOCUS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member PFOCUS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member PFOCUS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses03Member PFOCUS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses04Member PFOCUS2023-12-31 PFOCUS2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PFOCUS2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532748 PFOCUS NOTLISTED Prime Focus Limited Equity 2023-04-01 2024-03-31 2024-02-13 2024-02-06 INR Lakhs Third quarter 11:15:00 14:40:00 2024-02-13 2024-02-13 Not applicable Single segment Post Production 2023-10-01 2023-12-31 Unaudited Consolidated 8408491000.00 1048127000.00 9456618000.00 0.00 0.00 0.00 6351667000.00 1166370000.00 1321560000.00 1798433000.00 10638030000.00 -1181412000.00 0.00 -1181412000.00 161675000.00 -553100000.00 -391425000.00 0.00 -789987000.00 0.00 0.00 0.00 0.00 -789987000.00 -1200090000.00 -1990077000.00 -552895000.00 -237092000.00 -1301011000.00 -689066000.00 299537000.00 1 -2.64 -2.64 0.00 0.00 -2.64 -2.64 1.The conso unaudited financial results for the quarter & 9 months ended Dec 31,2023 were reviewed by the ACM and approved by BOD at their respective meeting held on Feb 13,2024.Statutory Auditors of the Company have carried out limited review on the above results in terms of Reg 33 of the SEBI (LODR) Regulations,2015 & expressed an unmodified conclusion. 2.Conso unaudited financial results of Company have been prepared in accordance with recognition & measurement principles laid down in IAS 34 'Interim Financial Reporting', prescribed under Sec 133 of CA,2013 read with relevant rules issued thereunder and other recognized accounting principles generally accepted in India and in terms of regulation. 3.Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker (CODM) (i.e. the BOD) of the Group.The CODM is responsible for allocating resources and assessing the performances of the operating segments of the Group.The Group is mainly engaged in operating as an integrated post-production setup.The CODM decides on allocation of the resources to the business taking a holistic view of the entire setup and hence it is considered as representing a single operating segment as per IAS 108 “Segment Reporting”. 4.On July 26,2023,the Company and Namit Malhotra (one of the promoters of the Company) filed a suit before the Honorable High Court of Bombay, against Reliance Alpha Services Pvt Ltd (RASPL) & others, inter alia with respect to:(a)the notices received from RASPL demanding a sum of Rs.35,379 Lakhs, and to invoke the personal guarantee issued by Namit Malhotra in the event of non-payment by the Company; & (b)the non-completion and breach of the business transfer agreement dated Nov 19,2014 by Reliance Mediaworks Ltd and Reliance Land Pvt Ltd,pursuant to which,the aforesaid loan agreement of Feb 25,2019 was executed.Further on Aug 29,2023,the Company has received a notice that a petition has been filed before NCLT,Mumbai Bench,Mumbai by RASPL to initiate corporate insolvency resolution process under the IBC, 2016 with respect to alleged breach of the loan agreement of Feb 25,2019, by the Company & demanding a sum of Rs.35,379 Lakhs.The matter is currently sub judice with NCLT,Mumbai. 5.On Sep 20,2023,PF World Ltd,a subsidiary of the Company has entered into a share sale & purchase agreement with NaMa Capital Ltd for transfer of 23.25% shares (on a fully diluted basis taking into account the future implementation of an option scheme) held by PF World in its subsidiary DNEG S.a.r.l,(formerly known as Prime Focus Luxembourg S.a.r.l), and identified assets to NaMa against full settlement of outstanding loans and interest accrued thereon from NaMa to PF World. 6.Exceptional item of Rs.6,004.18 Lakhs,in conso financial results for the 9 months ended Dec 31,2022 & the year ended March 31,2023 represents expenses incurred in connection with US SPAC which ultimately was terminated due to prevailing unfavorable SPAC market conditions and other factors. 7.On May 2,2023,the Writers Guide of America labor unit started a labor dispute with Alliance of Motion Pictures and Television Producers (AMPTP).Subsequently, on July 14,2023,the American actors' union SAG-AFTRA (which represents 160,000 actors) also went on strike,joining the ongoing labor dispute with the Alliance of Motion Picture and Television Producers.The WGA strike had ended on Sep 27,2023,while the American actors' union strike SAG-AFTRA lasted through Nov 9,2023.The strike has an impact on the Group's operations for the quarter and nine months ended Dec 31,2023. 8.The above conso unaudited financial results of the Company are available on the Company’s website & stock exchanges websites, BSE & NSE,where the shares of the Company are listed. For and on behalf of the Board of Directors Naresh Malhotra Chairman & Whole-time Director DIN. 00004597 Place: Mumbai Date: Feb 13,2024 Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 30774397000.00 1360252000.00 32134649000.00 0.00 0.00 0.00 22465094000.00 4327121000.00 3852490000.00 6199054000.00 36843759000.00 -4709110000.00 0.00 -4709110000.00 268788000.00 -897107000.00 -628319000.00 0.00 -4080791000.00 0.00 0.00 0.00 0.00 -4080791000.00 -715257000.00 -4796048000.00 -3441923000.00 -638868000.00 -3695477000.00 -1100571000.00 299537000.00 1 -13.62 -13.62 0.00 0.00 -13.62 -13.62 Employee stock option expense 7454000.00 Other Expenses 1032589000.00 Technical service cost 665551000.00 Technician fees 92839000.00 Employee stock option expense 74398000.00 Other Expenses 3164892000.00 Technical service cost 2352369000.00 Technician fees 607395000.00 0.00 0.00 Items that will be reclassified to the profit or loss -1200090000.00 Items that will be reclassified to the profit or loss -715257000.00 -1200090000.00 -715257000.00 0.00 0.00