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:OneOperatingExpenses02Member PFOCUS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member PFOCUS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses04Member PFOCUS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses05Member PFOCUS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member PFOCUS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member PFOCUS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member PFOCUS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses04Member PFOCUS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses05Member PFOCUS2023-09-30 PFOCUS2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member PFOCUS2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member 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 Consolidated 10263025000.00 117503000.00 10380528000.00 0.00 0.00 0.00 7820933000.00 1604086000.00 1282952000.00 2512207000.00 13220178000.00 -2839650000.00 0.00 -2839650000.00 81458000.00 -351236000.00 -269778000.00 0.00 -2569872000.00 0.00 0.00 0.00 0.00 -2569872000.00 952164000.00 -1617708000.00 -2208058000.00 -361814000.00 -1307221000.00 -310487000.00 299537000.00 1 -8.58 -8.58 0.00 0.00 -8.58 -8.58 0.00 0.00 0.00 Notes to Consolidated Unaudited Financial Results for the Quarter and Six Months ended Sep 30,2023 1.The unaudited consolidated 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 consolidated 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 Reg 3.On July 26, 2023,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 BTA 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 National Company Law Tribunal,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 Company and demanding a sum of Rs.35,379 Lakhs 4.During the quarter,PF World Ltd,a subsidiary of the Company has entered into a share sale and purchase agreement on Sep 20,2023 with NaMa Capital Limited 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 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) of the Group.The CODM is responsible for allocating resources and assessing performances of the operating segments of the Group.The Group is mainly engaged in operating as 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 INDAS 108 “Segment Reporting” 6.Exceptional item of Rs.285.27 Lakhs,in consolidated results for the quarter ended Sep 30,2022 and Rs.6,004.18 Lakhs,in consolidated results for the six months ended Sep 30,2022 and the year ended Mar 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 7.The ongoing Writers and Actors strike in Hollywood has had an adverse impact on the Group's operations 8.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 9.The above unaudited consolidated 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 DIN-00004597 Chairman and Whole-time Director Place: Mumbai Date: Nov 03, 2023 Single segment 2023-04-01 2023-09-30 Unaudited Consolidated 22365906000.00 312125000.00 22678031000.00 0.00 0.00 0.00 16113427000.00 3160751000.00 2530930000.00 4400621000.00 26205729000.00 -3527698000.00 0.00 -3527698000.00 107113000.00 -344007000.00 -236894000.00 0.00 -3290804000.00 0.00 0.00 0.00 0.00 -3290804000.00 484833000.00 -2805971000.00 -2889028000.00 -401776000.00 -2394466000.00 -411505000.00 299537000.00 1 -10.99 -10.99 0.00 0.00 -10.99 -10.99 0.00 0.00 0.00 Employee stock option expense 32356000.00 Exchnage loss (net) 391443000.00 Other expenditure 944962000.00 Technical service cost 936869000.00 Technician fees 206577000.00 Employee stock option expense 66944000.00 Exchnage loss (net) 0.00 Other expenditure 2132303000.00 Technical service cost 1686818000.00 Technician fees 514556000.00 3713809000.00 5127201000.00 282067000.00 0.00 11826421000.00 13268243000.00 1934041000.00 0.00 0.00 2538000.00 0.00 0.00 6454447000.00 6456985000.00 860092000.00 1336122000.00 41091172000.00 0.00 1458292000.00 4034639000.00 4881838000.00 36500000.00 0.00 15886815000.00 26298084000.00 1642717000.00 27940801000.00 0.00 0.00 69031973000.00 299537000.00 4639362000.00 4938899000.00 8652708000.00 31191084000.00 0.00 9832298000.00 41023382000.00 452576000.00 364625000.00 0.00 4369000.00 41844952000.00 4637038000.00 3299569000.00 5625053000.00 13561660000.00 3851451000.00 848176000.00 273026000.00 0.00 18534313000.00 0.00 0.00 60379265000.00 69031973000.00 3160751000.00 0.00 2183078000.00 0.00 -3312290000.00 -803450000.00 0.00 0.00 0.00 1048039000.00 0.00 83666000.00 -166743000.00 2530930000.00 0.00 11783000.00 0.00 0.00 0.00 201394000.00 0.00 23750000.00 0.00 0.00 0.00 0.00 0.00 -6817000.00 0.00 4906591000.00 1378893000.00 0.00 0.00 0.00 224877000.00 0.00 1154016000.00 0.00 0.00 0.00 104977000.00 0.00 0.00 0.00 0.00 0.00 1982801000.00 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 0.00 0.00 0.00 406000.00 0.00 -12499000.00 0.00 -2099871000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7295612000.00 241172000.00 0.00 1112405000.00 0.00 1646541000.00 0.00 0.00 4295494000.00 3349639000.00 0.00 3349639000.00 1532200000.00 4881839000.00 0.00 0.00 Items that will be reclassified subsequently to profit or loss 952164000.00 Items that will be reclassified subsequently to profit or loss 484833000.00 952164000.00 484833000.00 0.00 0.00