PFOCUS2023-01-012023-03-31 PFOCUS2023-01-012023-03-31 PFOCUS2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member PFOCUS2023-01-012023-03-31in-bse-fin:OneOperatingExpenses02Member PFOCUS2023-01-012023-03-31in-bse-fin:OneOperatingExpenses03Member PFOCUS2023-01-012023-03-31in-bse-fin:OneOperatingExpenses04Member PFOCUS2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member PFOCUS2023-01-012023-03-31in-bse-fin:FourOperatingExpenses02Member PFOCUS2023-01-012023-03-31in-bse-fin:FourOperatingExpenses03Member PFOCUS2023-01-012023-03-31in-bse-fin:FourOperatingExpenses04Member PFOCUS2023-03-31 PFOCUS2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PFOCUS2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member PFOCUS2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PFOCUS2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532748 PFOCUS NOTLISTED Prime Focus Limited Equity 2022-04-01 2023-03-31 2023-05-30 2023-05-23 INR Lakhs Yearly 11:00:00 17:30:00 2023-05-30 2023-05-30 true Cash Flow Indirect Declaration of unmodified opinion Single segment Post Production 2023-01-01 2023-03-31 Unaudited Consolidated 14354849000.00 955019000.00 15309868000.00 0.00 0.00 0.00 7794868000.00 1323142000.00 1573475000.00 2191699000.00 12883184000.00 2426684000.00 0.00 2426684000.00 14807000.00 507164000.00 521971000.00 0.00 1904713000.00 0.00 0.00 0.00 0.00 1904713000.00 -947126000.00 957587000.00 1641640000.00 263073000.00 818272000.00 139315000.00 299537000.00 1 6.36 6.24 0.00 0.00 6.36 6.24 1. The above results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind AS,) as notified under the Companies (Indian Accounting Standards) Rules 2015 (as amended) specified under section 133 of the Companies Act 2013 and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results at their respective meetings held on May 30, 2023. 2. Based on the information reviewed by the Chief Operating Decision Maker (CODM), the Group has single operating segment, being integrated post-production services. 3. The Companys indirect subsidiary DNEG India Media Services Limited (DNEG) entered a memorandum of understanding dated April 13, 2023 with Prime Focus Technologies Limited (PFT) for the purchase of certain identified businesses and assets of PFT (including shares in subsidiaries of PFT) and its subsidiaries by DNEG (and/or its affiliates), through one or multiple series of transactions. Since the transaction structure, valuation, regulatory and other approvals has not been finalized as of March 31, 2023, the acquisition has not been accounted for or reflected in the consolidated financial statements as of and for the year ended March 31, 2023. 4. Effective March 31, 2022, the Company sold the business of all post-production related services that is undertaken by the Company through its divisions which carries out this business, but excluding the business of services/rental of shooting floors as referred in the Business Transfer Agreement executed by the Company, as a going concern, by way of a slump sale to DNEG India Media Services Limited, an indirect subsidiary of the Company, for a lump sum consideration of Rs. 36,500.00 lakhs, adjusted for working capital adjustments and indebtedness, resulting into gain of Rs. 25,020.2 lakhs in standalone results for the quarter / year ended March 31, 2022, recorded as an exceptional item. 5. Exceptional item of Rs. 6,004.18 lakhs, in consolidated results for the year ended March 31, 2023 represents expenses incurred in connection with US Special Purpose Acquisition Companies (SPAC) which ultimately was terminated due to prevailing unfavorable SPAC market conditions and other factors. For the year/ quarter ended March 31, 2022, the Company sold its entire holdings of 2,43,67,188 ordinary shares of De-fi Media Limited, a subsidiary incorporated in the U.K. for a consideration of Rs. 0.99 crore to rationalize group structure and focus on core business activities. This has resulted into gain of Rs. 0.99 crore in standalone results, disclosed as other income and resulted into loss of Rs. 15,340.57 lakhs in consolidated results of March 31, 2022, which is disclosed as an exceptional item. Further, during the year ended March 31, 2022 exceptional item includes Rs. 2,710.96 lakhs that represents government incentives in a subsidiary in India, written off, being no longer recoverable, consequent to change in the policy. 6. Previous year figures have been regrouped and re-arranged wherever necessary to correspond to the figures of the current period. For and on behalf of the Board of Directors Naresh MalhotraChairman and Whole-time DirectorDIN No. 00004597Place: Mumbai Date: May 30, 2023 Single segment 2022-04-01 2023-03-31 Audited Consolidated 46442585000.00 2794935000.00 49237520000.00 0.00 0.00 0.00 28703921000.00 4207194000.00 4666589000.00 7998052000.00 45575756000.00 3661764000.00 -600418000.00 3061346000.00 499693000.00 616744000.00 1116437000.00 0.00 1944909000.00 0.00 0.00 0.00 0.00 1944909000.00 -2798105000.00 -853196000.00 1472874000.00 472035000.00 -1116482000.00 263286000.00 299537000.00 1 -47708000.00 6.49 6.38 0.00 0.00 6.49 6.38 Employee stock option expense 35794000.00 Other expenditure 1311053000.00 Technical service cost 438625000.00 Technician fees 406227000.00 Employee stock option expense 273607000.00 Other expenditure 4426739000.00 Technical service cost 2276025000.00 Technician fees 1021681000.00 1318825000.00 4839756000.00 632743000.00 0.00 11726482000.00 14105829000.00 886050000.00 0.00 0.00 2642000.00 0.00 0.00 10752452000.00 10755094000.00 571343000.00 1006799000.00 44524096000.00 0.00 1307350000.00 6245129000.00 1532200000.00 36500000.00 0.00 12783934000.00 21905113000.00 0.00 1415545000.00 23320658000.00 0.00 0.00 67844754000.00 299537000.00 -47708000.00 251829000.00 1570654000.00 34720031000.00 0.00 14176863000.00 48896894000.00 420351000.00 418463000.00 0.00 3743000.00 49739451000.00 4137267000.00 2251641000.00 5532095000.00 11921003000.00 3463005000.00 897355000.00 253286000.00 0.00 16534649000.00 0.00 0.00 66274100000.00 67844754000.00 1. The above results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind AS,) as notified under the Companies (Indian Accounting Standards) Rules 2015 (as amended) specified under section 133 of the Companies Act 2013 and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results at their respective meetings held on May 30, 2023. 2. Based on the information reviewed by the Chief Operating Decision Maker (CODM), the Group has single operating segment, being integrated post-production services. 3. The Companys indirect subsidiary DNEG India Media Services Limited (DNEG) entered a memorandum of understanding dated April 13, 2023 with Prime Focus Technologies Limited (PFT) for the purchase of certain identified businesses and assets of PFT (including shares in subsidiaries of PFT) and its subsidiaries by DNEG (and/or its affiliates), through one or multiple series of transactions. Since the transaction structure, valuation, regulatory and other approvals has not been finalized as of March 31, 2023, the acquisition has not been accounted for or reflected in the consolidated financial statements as of and for the year ended March 31, 2023. 4. Effective March 31, 2022, the Company sold the business of all post-production related services that is undertaken by the Company through its divisions which carries out this business, but excluding the business of services/rental of shooting floors as referred in the Business Transfer Agreement executed by the Company, as a going concern, by way of a slump sale to DNEG India Media Services Limited, an indirect subsidiary of the Company, for a lump sum consideration of Rs. 36,500.00 lakhs, adjusted for working capital adjustments and indebtedness, resulting into gain of Rs. 25,020.2 lakhs in standalone results for the quarter / year ended March 31, 2022, recorded as an exceptional item. 5. Exceptional item of Rs. 6,004.18 lakhs, in consolidated results for the year ended March 31, 2023 represents expenses incurred in connection with US Special Purpose Acquisition Companies (SPAC) which ultimately was terminated due to prevailing unfavorable SPAC market conditions and other factors. For the year/ quarter ended March 31, 2022, the Company sold its entire holdings of 2,43,67,188 ordinary shares of De-fi Media Limited, a subsidiary incorporated in the U.K. for a consideration of Rs. 0.99 crore to rationalize group structure and focus on core business activities. This has resulted into gain of Rs. 0.99 crore in standalone results, disclosed as other income and resulted into loss of Rs. 15,340.57 lakhs in consolidated results of March 31, 2022, which is disclosed as an exceptional item. Further, during the year ended March 31, 2022 exceptional item includes Rs. 2,710.96 lakhs that represents government incentives in a subsidiary in India, written off, being no longer recoverable, consequent to change in the policy. 6. Previous year figures have been regrouped and re-arranged wherever necessary to correspond to the figures of the current period. For and on behalf of the Board of Directors Naresh MalhotraChairman and Whole-time DirectorDIN No. 00004597Place: Mumbai Date: May 30, 2023 4207194000.00 0.00 -8343790000.00 0.00 0.00 0.00 0.00 0.00 0.00 428233000.00 0.00 0.00 0.00 4666589000.00 0.00 0.00 0.00 0.00 0.00 -1133536000.00 24000.00 43655000.00 273607000.00 0.00 0.00 -9605000.00 0.00 143942000.00 0.00 188955000.00 3250301000.00 0.00 0.00 0.00 709857000.00 0.00 2540444000.00 0.00 28556000.00 0.00 0.00 0.00 0.00 0.00 0.00 28820000.00 3603376000.00 0.00 1297490000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24000.00 8770000.00 0.00 -12642000.00 0.00 -4904450000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7124996000.00 1112424000.00 2555190000.00 0.00 0.00 2194887000.00 0.00 259164000.00 1521659000.00 -842347000.00 0.00 -842347000.00 2374547000.00 1532200000.00 Items that will not be reclassified to profit or loss -216043000.00 Items that will not be reclassified to profit or loss -216043000.00 -216043000.00 -216043000.00 -8933000.00 -8933000.00 Items that will be reclassified to the profit or loss -800720000.00 Items that will be reclassified to the profit or loss -2651699000.00 -800720000.00 -2651699000.00 -60704000.00 -60704000.00