PFOCUS2024-04-012024-06-30 PFOCUS2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member PFOCUS2024-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532748 PFOCUS NOTLISTED Prime Focus Limited Equity 2024-04-01 2025-03-31 2024-08-09 2024-08-02 INR Lakhs First quarter 14:15:00 17:40:00 2024-08-09 2024-08-09 Not applicable Single segment Post Production 2024-04-01 2024-06-30 Unaudited Standalone 107277000.00 105910000.00 213187000.00 0.00 0.00 0.00 10077000.00 58034000.00 74574000.00 88869000.00 231554000.00 -18367000.00 2162118000.00 2143751000.00 0.00 -66479000.00 -66479000.00 0.00 2210230000.00 0.00 0.00 0.00 0.00 2210230000.00 0.00 2210230000.00 0.00 0.00 299872000.00 1 7.37 7.17 0.00 0.00 7.37 7.17 0.00 0.00 0.00 1.The standalone unaudited financial results for quarter ended June 30,2024 were reviewed by the ACM and approved by the BOD at their respective meeting held on Aug 09,2024.The 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, as amended and expressed an unmodified conclusion. 2.The standalone unaudited financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the IAS 34 'Interim Financial Reporting', prescribed under Sec 133 of the CA,2013 read with relevant rules issued thereunder and other recognized accounting principles generally accepted in India and in terms of the regulation. 3.On July 26,2023, the Company and Mr.Namit Malhotra (promoters) filed a suit before the Hon’ble High Court of Bombay, against Reliance Alpha Services Private Limited and 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 Mr.Namit Malhotra in the event of non-payment by the Company; and (b) non-completion and breach of the BTA dated November 19, 2014 by Reliance Mediaworks Limited and Reliance Land Private Limited, pursuant to which, the aforesaid loan agreement of Feb 25,2019 was executed.The matter is yet to be listed.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 CIRP under the IBC, 2016 (as amended) with respect to alleged breach of the loan agreement of Feb 25,2019, by the Company and demanding a sum of Rs.35,379 Lakhs.The matter is currently sub-judice with NCLT,Mumbai. 4.During the quarter ended June 30,2024 the Company sold its entire shareholding in PFT along with additional equity shares allotted upon conversion of its loan and accrued interest thereon to its step down subsidiary DNEG S.a.r.l. for a total consideration of Rs.69,302.55 Lakhs (at a fair value,determined by an independent valuer). On June 6,2024,shareholder approved this transaction. On sale of shares,the Company recognized difference between book value of Rs.42,272.43 Lakhs and consideration of Rs.69,302.55 Lakhs as an exceptional gain of Rs.21,621.18 Lakhs (net of tax Rs.5,408.94 Lakhs) in standalone financial results for the quarter ended June 30, 2024. 5.The figures for the quarter ended Mar 31,2024 are the balancing figures between audited figures in respect of the full financial year and the limited review year to date figures upto the quarter ended Dec 31,2023. 6.As per Ind AS 108 on “Segment Reporting”, segment information has been provided under the notes to consolidated audited financial results. 7.The above standalone unaudited financial results of the Company are available on the Company’s website (www.primefocus.com) and stock exchanges websites, BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. For and on behalf of the Board of Directors Naresh Malhotra Chairman and Whole-time Director DIN. 00004597 Place: Mumbai Date: August 9, 2024 Other Expenditure 88869000.00 0.00 0.00