PFOCUS2023-07-012023-09-30 PFOCUS2023-07-012023-09-30 PFOCUS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member PFOCUS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member PFOCUS2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532748 PFOCUS NOTLISTED Prime Focus Limited Equity 2023-04-01 2024-03-31 2023-11-03 2023-10-27 INR Lakhs Half yearly 16:45:00 19:15:00 2023-11-03 2023-11-03 true Cash Flow Indirect Not applicable Single segment Post Production 2023-07-01 2023-09-30 Unaudited Standalone 75395000.00 127286000.00 202681000.00 0.00 0.00 0.00 10072000.00 63378000.00 74218000.00 58845000.00 206513000.00 -3832000.00 0.00 -3832000.00 0.00 -5718000.00 -5718000.00 0.00 1886000.00 0.00 0.00 0.00 0.00 1886000.00 0.00 1886000.00 1886000.00 0.00 299537000.00 1 0.01 0.01 0.00 0.00 0.01 0.01 Notes to Standalone Unaudited Financial Results for the Quarter and Six Months ended Sep 30, 2023 1.The unaudited standalone financial results for the quarter and six months ended Sep 30,2023 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on Nov 03, 2023. 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 and expressed an unmodified conclusion 2.The unaudited standalone 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 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.The Company’s indirect subsidiary DNEG India Media Services Limited entered a MOU dated April 13,2023,with Prime Focus Technologies Limited 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 Sep 30, 2023, the acquisition has not been accounted for or reflected in the standalone results for the quarter and six months ended Sep 30, 2023 4.On July 26, 2023,the Company and Mr. Namit (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 in the event of non-payment by the Company;and (b)the non-completion and breach of the business transfer agreement dated Nov 19, 2014 by Reliance Mediaworks Limited and Reliance Land Private Limited,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 and demanding a sum of Rs 35,379 Lakhs 5.Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker i.e. the Board of Directors.The Company is mainly engaged in operating as integrated post-production setup through its various subsidiaries and stepdown subsidiaries.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 IND AS 108 “Segment Reporting” 6.The figures for the corresponding previous year/period's have been regrouped/reclassified, wherever considered necessary,to make them comparable with current period's classification 7.The above unaudited standalone financial results of the Company are available on the Company's and stock exchanges websites, BSE and NSE, 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:Nov 03, 2023 Single segment 2023-04-01 2023-09-30 Unaudited Standalone 147232000.00 244120000.00 391352000.00 0.00 0.00 0.00 20084000.00 125232000.00 150089000.00 109283000.00 404688000.00 -13336000.00 0.00 -13336000.00 0.00 -13446000.00 -13446000.00 0.00 110000.00 0.00 0.00 0.00 0.00 110000.00 0.00 110000.00 110000.00 0.00 299537000.00 1 0.00 0.00 0.00 0.00 0.00 0.00 other expenses 58845000.00 other expenses 109283000.00 1265162000.00 0.00 0.00 1695030000.00 10359080000.00 0.00 19100000.00 10378180000.00 305020000.00 13643392000.00 0.00 1458292000.00 7025000.00 7360000.00 593000.00 3746232000.00 53660000.00 5273162000.00 31497000.00 5304659000.00 0.00 18948051000.00 299537000.00 15376265000.00 15675802000.00 15675802000.00 2000000000.00 2000000000.00 301550000.00 92009000.00 0.00 2393559000.00 0.00 141445000.00 141445000.00 734122000.00 3123000.00 878690000.00 3272249000.00 18948051000.00 125232000.00 0.00 3730000.00 0.00 -32286000.00 -417000.00 0.00 0.00 0.00 53115000.00 0.00 -6712000.00 0.00 150089000.00 0.00 603000.00 0.00 0.00 0.00 0.00 0.00 196144000.00 0.00 0.00 0.00 -35873000.00 0.00 0.00 0.00 61337000.00 48001000.00 0.00 0.00 0.00 -77366000.00 0.00 125367000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 69000.00 100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12900000.00 3500000.00 0.00 0.00 0.00 10241000.00 0.00 -104977000.00 0.00 -104105000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4121000.00 0.00 21678000.00 0.00 0.00 -25799000.00 -4537000.00 0.00 -4537000.00 11897000.00 7360000.00 0.00 0.00 0.00 0.00