Picturepost Studios Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting
28-05-2025 | 11:09 pm
28-05-2025 | 11:09 pm
Picturepost Studios has announced a board meeting on approving the consolidated financial results for the quarter and half-year. Profit before tax soared to Rs. 6.77 Cr on revenues of Rs. 19.12 Cr, reflecting strong growth. The Board re-appointed B.C. Maheshwari as Internal Auditor and N. Bagaria & Associates as Secretarial Auditor. IPO proceeds of Rs. 18.72 Cr have been largely deployed toward capex, debt repayment, and corporate needs, with Rs. 17.78 lakhs remaining unutilized. Cash reserves stand healthy at Rs. 1.02 Cr, supporting solid liquidity.
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