VELS2023-01-012023-03-31 VELS2023-01-012023-03-31 VELS2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member VELS2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member VELS2023-03-31 VELS2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 123456 VELS NOTLISTED INE0I3H01019 Vels Film International Limited Nonbanking Format SME/ITP 2022-04-01 2023-03-31 2023-05-25 2023-05-17 INR Lakhs Yearly Single segment FILM PRODUCTION AND DISTRIBUTION 17:00:00 22:25:00 2023-05-25 2023-05-25 true Cash Flow Indirect Not applicable 2022-10-01 2023-03-31 Audited Consolidated 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00 2022-04-01 2023-03-31 Audited Consolidated 599212000.00 12738000.00 611950000.00 581451000.00 0.00 -175406000.00 22456000.00 44666000.00 21906000.00 89175000.00 584248000.00 27702000.00 0.00 27702000.00 0.00 27702000.00 22500000.00 -40000.00 22460000.00 5242000.00 0.00 0.00 0.00 52.42 0.00 -9122000.00 14364000.00 12908000.00 10 410616000.00 1.50 1.50 0.00 0.00 0.00 Other Expenses 0.00 Other Expenses 89175000.00 129080000.00 410616000.00 0.00 539696000.00 0.00 0.00 -11005000.00 543966000.00 0.00 0.00 0.00 0.00 543966000.00 544203000.00 0.00 122813000.00 135728000.00 0.00 802744000.00 1875401000.00 274556000.00 0.00 6216000.00 0.00 479949000.00 0.00 760721000.00 0.00 53000.00 0.00 0.00 45053000.00 805827000.00 0.00 539887000.00 25707000.00 76626000.00 0.00 374000.00 426980000.00 1069574000.00 1875401000.00 Statement of Consolidated Financial Results for the year ended 31st March, 2023 Note for Financials Results 1. The financial Results are prepared in accordance with the Accounting Standard Prescribed under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended) and other recognised accounting practices and policies, as applicable. 2. The above consolidated financial results for the year ended 31.03.2023 of M/s Vels Film Internal Limited were reviewed by the audit committee and were approved and taken on record by Board of Directors in their meeting held on 25th May, 2023. Mr. Ishari Ganesh Kadhirvelan, Managing Director and Mrs. Arthi, Director of the company are authorised by the board of directors to sign the financial results. 3. The management is in the process of identifying parties which are covered under MSME, the amount relating to MSME are disclosed to the extent identified. 4. As the Company got listed on 22nd March 2023 on the SME platform of the National Stock Exchange, it is not mandatory on the Company to present the results for half year ended and thereby it has presented the audited annual financial results for the year ended 31st March 2023. Hence, the balancing figure note is not applicable. 5. Previous year/ period figure have been regrouped/ rearranged wherever necessary, to make them comparable with the figures of the current period. 6. Following subsidiary company/ entity, associate and jointly controlled entities have been considered in the preparation of the consolidated financial statements. Name of the Company Relationship Country of Incorporation % of Holding and voting power either directly or indirectly through subsidiary (As at 31st March, 2023) M/s Vels Studios and Entertainment Private Limited Subsidiary India 77.20% 7. The Company is in the business of production, distribution and/ or exhibition of films and motion pictures. Considering the nature of Business and financial reporting of the company, the company is operating in only one segment. Hence segment reporting is not applicable. 8. In accordance with regulation 33 of SEBI (LODR) regulation 2015, the above results have been reviewed by the statutory auditors of the company. 9. The status of investor’s complaints during the year ended 31st March, 2023 as under: Complaints pending at the beginning of the period NIL Complaints received during the period NIL Complaints disposed of during the period NIL Complaints unresolved at the end of the period NIL 0.00 21906000.00 0.00 0.00 0.00 0.00 0.00 14364000.00 44666000.00 0.00 80936000.00 -175251000.00 -350679000.00 56452000.00 17312000.00 -270845000.00 416764000.00 -306247000.00 -225311000.00 -197609000.00 0.00 0.00 0.00 -22460000.00 -72622000.00 -247771000.00 0.00 0.00 -247771000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 47781000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -47781000.00 0.00 0.00 -47781000.00 337392000.00 0.00 0.00 63645000.00 0.00 0.00 0.00 0.00 -35545000.00 365492000.00 0.00 0.00 365492000.00 69940000.00 0.00 69940000.00 6686000.00 76626000.00