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V R Films & Studios LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 03:59 pm

VR Films & Studios Limited has announced a board meeting on which they approved the financial results for the quarter and half-year ended March 31, 2025, along with the auditor’s report. The company reported a net loss of ₹274.69 lakhs for the quarter and ₹374.44 lakhs for the year. Revenue from operations declined to ₹238.70 lakhs for the quarter and ₹1,224.43 lakhs for the year. The company changed its inventory valuation method from release basis to license period basis due to shifts in customer viewership from paid channels to its own OTT platform, impacting profitability. M.R.V. & Associates has been appointed as internal auditors for FY2025-26.

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