5327482026-04-012026-06-305327482026-06-305327482026-04-012026-06-30in-capmkt:OtherExpenses1Member5327482026-06-30Statement15327482026-04-012026-06-30Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532748PFOCUSNOTLISTEDINE367G01038PRIME FOCUS LIMITEDMain BoardEquity2026-04-012027-03-312026-08-062026-08-03INRLakhsQuarterlyFirst quarterSingle segmentPost Production2026-08-0618:30:002026-08-0621:00:00Not applicabletrue1falseNot Applicable2026-04-012026-06-30UnauditedStandalone76223000613290001375520000001729400027780008398100050184000154237000-16685000-714405000-731090000063543000635430000-7946330000000-7946330000-7946330007764910001-1.02-1.0200-1.02-1.02Notes to Statement of Standalone Unaudited Financial Results for the quarter ended June 30, 2026 <br /> <br /> 1. The statement of standalone unaudited financial results for the quarter ended June 30, 2026, have been reviewed by Audit Committee and approved by Board of Directors at its meeting held on August 06, 2026. 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. <br /> <br /> 2. The statement of standalone unaudited 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 recognised accounting principles generally accepted in India and in terms of the Regulation. <br /> <br /> 3. During the quarter ended June 30, 2026, the Company has allotted 5,00,000 fully paid-up equity shares of face value Re 1 each (Equity Shares) at a securities premium of Rs 51 each on exercise of stock options by employees in accordance with the Companys stock option scheme. <br /> <br /> 4. On April 7, 2015, the Company acquired the Film and Media Services business from Reliance MediaWorks Limited (RMW) on a slump sale basis by way of a BTA dated November 19, 2014, for a total consideration of Rs. 35,000 Lakhs by way of allotment of equity shares and the Company also agreed to assume the Debt Facilities to the extent of Rs. 20,000 Lakhs conditional upon fulfilment of Additional Conditions relating to transfer of Studios and related assets. Subsequently, the Company entered into a Loan Agreement dated February 25, 2019 with Raspalfa Services Private Limited (RASPL), for an amount of Rs. 20,000 Lakhs. <br /> <br /> Conclusion of IBC Proceedings: <br /> On August 29, 2023, RASPL filed a Section 7 petition under the IBC before the NCLT against the Company claiming Rs. 35,379.75 Lakh with respect to alleged default under the Loan Agreement. <br /> <br /> The NCLT admitted the petition and initiated CIRP against the Company on May 6, 2026, however, on May 12, 2026, the NCLAT stayed the order and directed deposit of Rs. 35,379.75 Lakhs, which was deposited via a Fixed Deposit with the Registrar, NCLAT. <br /> <br /> On July 10, 2026, the NCLAT a) set aside the NCLT CIRP admission order, b) approved the Discharge Agreement dated July 1, 2026 entered into between the parties for a total consideration Rs. 40,800 Lakhs towards full and final resolution of disputes, c) closed the CIRP against the Company and d) released the Fixed Deposit for payment to be made in terms of the Discharge Agreement. <br /> <br /> The fixed deposit of Rs. 35,379.75 Lakhs held with the Registrar, NCLAT, has been released in terms of the Discharge Agreement. Subsequent to the quarter end, the balance amount of Rs. 5,420.25 Lakhs was paid by the Company. As on March 31, 2026, the Company carried an accrual of Rs. 35,379.75 Lakhs in respect of this matter. The incremental amount of Rs. 7,144.05 Lakhs (including legal & professional fees and tax related expenses) has been recognised as an exceptional item in the statement of standalone unaudited financial results for the quarter ended June 30, 2026. <br /> <br /> The related Commercial Suit filed with High Court by the Company on July 25, 2023 was withdrawn on August 4, 2026 as the matter was amicably and fully settled. <br /> <br /> There is no pending liability or litigation in relation to any dispute between RASPL and the Company all of which fully stand resolved. <br /> <br /> 5. Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour Codes, namely the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the New Labour Codes). The standalone financial results for the quarter and year ended March 31, 2026 included Rs. 18.03 Lakh and Rs. 24.31 Lakh respectively which was recognized as one time impact of New Labour Codes under Employee Benefits Expense. <br /> <br /> 6. The figures for the quarter ended March 31, 2026 are the balance 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, 2025. <br /> <br /> 7. As per Ind AS 108 on Segment Reporting, segment information has been provided under the notes to statement of consolidated unaudited financial Results for the quarter ended June 30, 2026. <br /> <br /> 8. The above statement of standalone unaudited financial results of the Company are available on the Companys 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. <br /> <br /> <br /> For and on behalf of the Board of Directors <br /> <br /> <br /> Naresh Malhotra <br /> Chairman and Whole-time Director <br /> DIN. 00004597 <br /> <br /> Place: Mumbai <br /> Date: August 06, 2026Other Expenses50184000000Preferential Issues2025-07-03555202290002026-06-30trueCARE Ratings LimitedfalseNA(a) preferential issue proceeds have been deployed as disclosed and for legitimate group capital support purposes, (b) the RASPL/IBC matter has been conclusively resolved with no residual exposure, and (c) the consolidated financial trajectory demonstrates a credible and sustained improvement in performance, supported by a healthy liquidity position. At the consolidated level, the group has cash and cash equivalents balance of Rs. 778 crore as at June 30, 2026.No CommentsParina ShahCompany Secretary and Compliance OfficerMumbai2026-08-06