PRIMESECU2025-04-012025-06-30PRIMESECU2025-04-012025-06-30in-capmkt:OtherExpenses1MemberPRIMESECU2025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1PRIMESECU2025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss2PRIMESECU2025-04-012025-06-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares500337PRIMESECUNOTLISTEDINE032B01021PRIME SECURITIES LIMITEDMain BoardEquity2025-04-012026-03-312025-07-222025-07-14INRLakhsQuarterlyFirst quarterSingle segmentFinancial Advisory & Intermediation Services2025-07-2213:30:002025-07-2216:00:00Declaration of unmodified opinion2025-04-012025-06-30UnauditedConsolidated6200000003961000005990000000046220000069000004691000000001191000001000000510000027800000008620000065300000304500000164600000016460000051800000400000055800000108800000000-400000010480000018400000123200000000016810000053.233.15003.233.151. The above consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the Companies (Indian Accounting Standard) Rules, 2015 (“Ind-AS”) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India ("SEBI") Listing Obligations and Disclosure Requirements ("LODR") Regulations, 2015 as amended from time to time. The consolidated financial results were reviewed by Audit Committee and approved and taken on record by the Board of Directors at its Meeting held on July 22, 2025. The results for the quarter ended June 30, 2025, have been reviewed by the statutory auditors of the Company and they have expressed an unmodified audit conclusion on these consolidated financial results. The results are available on the stock exchanges websites at www.bseindia.com / www.nseindia.com and on the website of the Company at www.primesec.com. <BR> 2.The consolidated financial results include the unaudited financial results of subsidiary companies as referred in note 9 and the share of profit / (loss) attributable to the extent of holding based on unaudited financials of associate i.e. Ark Neo Financial Service Private Limited. <BR> 3.Exceptional item for the year ended March 31, 2025 represent the net gain on sale of a residential flat during the quarter ended June 30, 2024, calculated on the basis of realisation of sale price, net of directly allocatable expenses as reduced by the cost of flat. <BR> 4. Pursuant to the amendment approved by the shareholders at their meeting held on June 13, 2023, to the object clause for the utilization of funds received against the issue of equity shares in November 2021 to specified investors on a preferential basis, the holding company have fully utilised in terms of the permitted objects. <BR> 5. The holding Company had made a provision of INR 188 lakhs up to December 31, 2024 in respect of delays in recovery of its invoices in accordance with its policy in this regard. The management has agreed to a client’s request for an extended credit period as the plans arising out of the assignment have been delayed in implementation for reasons beyond the client’s control. The extended credit period meant actual recovery upto Third Quarter of F.Y. 2025-2026. The holding Company has therefore decided not to make further provision of INR 150 lakhs for the receivable. <BR> 6. During the quarter, the subsidiary Company Prime Research and Advisory Limited ("PRAL") has recognized revenue of Rs. 2,795 lakhs towards corporate advisory services pursuant to a non-circumvention clause included in the advisory contract executed with a client. The revenue is recognised based on documentary evidences available with PRAL. PRAL has taken necessary steps to safeguard its claim including serving a formal demand notice to the client through its legal advisors. As of the reporting date, no formal response has been received from the client. Based on the legal advice, the substance of the arrangement, and the ongoing engagement with the client, PRAL considers the full revenue to be good and recoverable. Accordingly, no provision for doubtful receivables has been recorded. <BR> 7. PRAL Management Consultancies LLC ("PMCL"), in the current quarter, is set-up by Prime Securities Limited ("PSL") to set up a business unit as 100% Subsidiary. The expenses incurred for incorporation and relevant set-up costs have been funded as Equity by PSL. All costs incurred have been debited to expenses account and are funded by the equity infusion. The net worth thus is eroded. Being in the first year, and there being no external liabilities, and based on the strength of the PSL, PMCL is classified as a going concern. <BR> 8. The Holding Company, during the quarter ended June 30, 2025 subscribed to Optionally Convertible Debentures of INR 50 lakhs into Ark Neo Financial Services Private Limited ("Ark Neo"). The Company has acquired 41.68% equity stake in Ark Neo from the Promoters of Ark Neo in previous year. <BR> 9. As at June 30, 2025 the Holding Company has the following subsidiaries / associates: <BR> Subsidiaries: <BR> Prime Research and Advisory Limited - Incorporated in India - Wholly-owned Subsidiary of Prime Securities Limited <BR> Prime Trigen Wealth Limited - Incorporated in India - Wholly-owned Subsidiary of Prime Securities Limited <BR> Prime Advisory Partners Limited - Incorporated in United Kingdom (UK) - 90.91% Subsidiary of Prime Securities Limited <BR> PRAL Management Consultancies LLC - Incorporated in United Arab Emirates (UAE) - Wholly-owned Subsidiary of Prime Securities Limited <BR> Stepdown Subsidiaries: <BR> Prime Global Asset Management PTE Limited - Incorporated in Singapore – 60% Subsidiary of Prime Research & Advisory Limited <BR> Prime Litmus Investment Management Limited - Incorporated in India - 75% Subsidiary of Prime Research & Advisory Limited <BR> Prime Litmus Ventures LLP - Incorporated in India - 99.80% Subsidiary of Prime Research & Advisory Limited <BR> Associates: <BR> Ark Neo Financial Services Private Limited - Incorporated in India - 41.68% Associate of Prime Securities Limited <BR> 10. The Group has only one segment of business i.e. Financial Advisory and Intermediation services. There are no separate reportable segments in terms of Ind-AS 108. <BR> 11. The amounts reflected as "0" in the financial information are values with less than rupees one lakh. <BR> 12. Previous quarter / period and year ended figures have been regrouped / reclassified, wherever necessary, to confirm to the current quarter / period presentation, the impact of such restatements / regroupings are not material to Financial Statements.Other expenses65300000Remeasurement of defined employee benefit plans-2500000Remeasurement gain/ (loss) on fair valuation of investments in equity instruments23700000212000002800000018400000UnauditedtrueSharp and Tanan Associatestrue2028-04-30