ALPHA TRIBE

Prime Focus LimitedImportant, 13-08-2025: General Updates

13-08-2025 | 07:17 pm

Prime Focus's Board has approved Q1 financial results, showing a standalone net loss of ₹5.35 Cr (Revenue: ₹6.96 Cr) and a consolidated net profit of ₹11.05 Cr (Revenue: ₹976.82 Cr). The Board re-appointed Mr. Naresh Mahendranath Malhotra as Chairman & Whole-Time Director. Notably, Monsoon Studio Private Limited is being reclassified from 'promoter group' to 'public' shareholder, pending approvals. The company had previously approved a ₹5,552 Cr preferential share issue, which includes a ₹391 Cr cash component. An ongoing lawsuit involves a ₹354 Cr loan demand from Reliance Alpha Services.

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