5327482025-04-012025-06-305327482025-04-012025-06-30in-capmkt:OtherExpenses1Member5327482025-04-012025-06-30in-capmkt:OtherExpenses2Member5327482025-04-012025-06-30in-capmkt:OtherExpenses3Member5327482025-04-012025-06-30in-capmkt:OtherExpenses4Member5327482025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532748PFOCUSNOTLISTEDINE367G01038Prime Focus LimitedMain BoardEquity2025-04-012026-03-312025-08-132025-08-06INRLakhsQuarterlyFirst quarterSingle segmentPost Production2025-08-1315:30:002025-08-1317:00:00Not applicable2025-04-012025-06-30UnauditedConsolidated102314680001669843000119013110000005877205000113848200013330270001911468000102601820001641129000016411290001012710004352590005365300000110459900000001104599000-10344040007019500061851800048608100079550006224000030993700012.052.02002.052.02000Notes to Consolidated Unaudited Financial Results for the quarter ended June 30, 2025 <BR> <BR> 1.The statement of consolidated unaudited financial results for the quarter ended June 30, 2025 have been reviewed by Audit Committee and approved by Board of Directors at its meeting held on August 13, 2025. The Statutory Auditors of Prime Focus Limited ('the Company' or 'the Holding company') and its subsidiaries (collectively referred as 'the Group') 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. <BR> <BR> 2.The statement of consolidated unaudited financial results of the Group 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 recognised accounting principles generally accepted in India and in terms of the Regulation. <BR> <BR> 3.The figures for the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year and the limited reviewed year to date figures up to the quarter ended December 31, 2024. <BR> <BR> 4.The Board of Directors, at its meeting held on July 3, 2025, approved a preferential issue of up to 46,26,69,444 fully paid-up equity shares of face value Re. 1 each (“Equity Shares”) at an issue price of Rs. 120 per Equity Share (including a premium of Rs. 119), aggregating up to Rs. 5,55,203 Lakhs. The consideration comprises Rs. 39,053 Lakhs in cash and the balance by way of non-cash consideration through the allotment of equity shares of the Company in consideration for equity shares of a subsidiary, based on a swap ratio of for every 100 share of the subsidiary, 2,561 shares of the Company being allotted. The preferential issue was approved by the shareholders at the Extraordinary General Meeting held on July 26, 2025, and is subject to receipt of necessary regulatory approvals. <BR> <BR> 5. 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 and remained status quo as on June 30, 2025. <BR> <BR> 6. Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker (CODM) (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 IND AS 108 “Segment Reporting”. <BR> <BR> 7. The group had carried out impairment assessment and recorded Rs. 17,574.77 Lakhs for impairment of intangible asset that was decommissioned and Rs. 20,442.94 Lakhs for impairment of financial assets. These were recorded as exceptional item in the Statement of Consolidated Audited Financial Results for the previous year and quarter ended March 31, 2025. <BR> <BR> 8. The above unaudited consolidated financial results of the Group are available on the Company's and stock exchanges websites (www.primefocus.com), BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. <BR> <BR> <BR> For and on behalf of the Board of Directors <BR> <BR> <BR> <BR> Naresh Malhotra <BR> DIN No. 00004597 <BR> Chairman and Whole-time Director <BR> <BR> Place: Mumbai <BR> Date: August 13, 2025Employee stock option expense17634000Technician fees203045000Technical service cost428621000Other expenses12621680000Exchange differences on translation of foreign operations-1034404000-10344040000-1034404000