PFOCUS2024-10-012024-12-31 PFOCUS2024-10-012024-12-31 PFOCUS2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member PFOCUS2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member PFOCUS2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532748 PFOCUS NOTLISTED Prime Focus Limited Equity 2024-04-01 2025-03-31 2025-02-10 2025-02-03 INR Lakhs Third quarter 13:30:00 16:00:00 2025-02-10 2025-02-10 Not applicable Single segment Post Production 2024-10-01 2024-12-31 Unaudited Standalone 78998000.00 39028000.00 118026000.00 0.00 0.00 0.00 18165000.00 57869000.00 72443000.00 128197000.00 276674000.00 -158648000.00 0.00 -158648000.00 0.00 -37039000.00 -37039000.00 0.00 -121609000.00 0.00 0.00 0.00 0.00 -121609000.00 0.00 -121609000.00 0.00 0.00 299987000.00 1 -0.41 -0.41 0.00 0.00 -0.41 -0.41 0.00 0.00 0.00 Notes to Standalone Unaudited Statements of Financial Results for the quarter and nine months ended December 31, 2024 1. The standalone unaudited statements of financial results for the quarter and nine months ended December 31, 2024, were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on February 10, 2025. The Statutory Auditors of the Company have carried out limited review on the above results in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('the Regulation'), as amended and expressed an unmodified conclusion. 2. The standalone unaudited statements of financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 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 (one of the promoters of the Company) filed a suit before the Honorable High Court of Bombay, against Reliance Alpha Services Private Limited (RASPL) 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) the non-completion and breach of the business transfer agreement dated November 19, 2014 by Reliance Mediaworks Limited and Reliance Land Private Limited, pursuant to which, the aforesaid loan agreement of February 25, 2019 was executed. The matter is yet to be listed. Further on August 29, 2023, the Company has received a notice that a petition has been filed before National Company Law Tribunal, Mumbai Bench (NCLT), Mumbai by RASPL to initiate corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (as amended) with respect to alleged breach of the loan agreement of February 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 Prime Focus Technologies Limited (‘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 its standalone financial results for the nine months ended December 31, 2024. 5. As per Ind AS 108 on “Segment Reporting”, segment information has been provided under the notes to Consolidated Unaudited Statements of Financial Results for the quarter and nine months ended December 31, 2024. 6. As at December 31, 2024, following are the direct and indirect subsidiaries of the Company: Refer Consolidated Unaudited Statements of Financial Results for the quarter and nine months ended December 31, 2024 which is published by the Company. 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: February 10, 2025 Single segment 2024-04-01 2024-12-31 Unaudited Standalone 334645000.00 170405000.00 505050000.00 0.00 0.00 0.00 38326000.00 174325000.00 219682000.00 343632000.00 775965000.00 -270915000.00 2162118000.00 1891203000.00 0.00 -128930000.00 -128930000.00 0.00 2020133000.00 0.00 0.00 0.00 0.00 2020133000.00 0.00 2020133000.00 0.00 0.00 299987000.00 1 6.74 6.52 0.00 0.00 6.74 6.52 0.00 0.00 0.00 Other Expenses 128197000.00 Other Expenses 343632000.00