Basilic Fly Studio Limited — Results, 30-06-2025: Reply to Clarification- Financial results

Basilic Fly Studio Limited has announced a board meeting on June 30, 2025, to approve the financial results for the quarter and half-year.

**Standalone Performance Highlights (₹ Crore):**

- Revenue from operations grew to 39.70 Cr for the half-year ended March 31, 2025, compared to 35.85 Cr in the previous half-year.

- Total income stood at 40.28 Cr versus 35.40 Cr earlier.

- Expenses increased slightly to 25.7 Cr from 21.4 Cr, driven primarily by employee benefits (16.2 Cr) and other expenses (12.75 Cr).

- Profit before tax rose to 13.8 Cr (down from 13.75 Cr for the previous half year but up compared to earlier periods).

- Net profit for the period was 7.95 Cr, showing robust operational profitability.

- Earnings per share (EPS) stood at ₹3.82 (basic, half-year not annualised).

**Consolidated Performance Highlights (₹ Crore):**

- Revenue from operations increased to 28.07 Cr for the half-year, compared to 7.60 Cr in the previous half-year, driven by subsidiaries.

- Total income rose to 28.71 Cr.

- Total expenses were 18.80 Cr, including employee costs of 15.08 Cr.

- Profit before tax was 36.65 Cr, including a 5.03 Cr exceptional item.

- Consolidated net profit for the period reached 32.8 Cr.

- Basic EPS came in at ₹11.1 (half-year not annualised).

**Balance Sheet & Cash Flow:**

- Standalone net worth improved to 139.58 Cr (Share capital: 23.24 Cr; reserves: 116.35 Cr).

- Long-term borrowings increased to 17.53 Cr from 0.56 Cr, indicating modest leverage growth.

- Consolidated net worth rose to 201.24 Cr, with borrowings standing at 51.09 Cr.

- Standalone and consolidated cash flows from operations remained negative at (₹11.37 Cr) and ₹9.63 Cr respectively, impacted by working capital changes.

- Investing activities showed prudent capital expenditure and investments in subsidiaries, balanced by financing inflows.

**Other Notes:**

- The company operates solely in the Visual Effects segment.

- IPO proceeds are partially utilized primarily for studio setup and corporate purposes.

- Auditors have issued an unmodified opinion on standalone and consolidated financial results, ensuring credibility and compliance.

Overall, Basilic Fly Studio shows steady operational growth with improved profitability and financial position, supported by global subsidiaries. Cash flow pressures remain due to working capital and investment activities but are offset by strategic financing. The company’s focus on studio expansion and corporate strengthening underpins future prospects.