Financial Results Overview (in ₹ lakhs)

Income Statement:

  • Revenue from operations: ₹592.75 lakhs (Q1 FY2027) vs ₹452.90 lakhs (Q1 FY2026) - 30.9% YoY increase
  • Other income: ₹103.47 lakhs (Q1 FY2027) vs ₹169.83 lakhs (Q1 FY2026)
  • Total income: ₹603.09 lakhs (Q1 FY2027) vs ₹469.88 lakhs (Q1 FY2026)

Expenses Breakdown:

  • Movie exhibition cost: ₹152.58 lakhs
  • Consumption of food and beverages: ₹36.03 lakhs
  • Power and fuel: ₹62.16 lakhs
  • Employee benefits expense: ₹47.75 lakhs
  • Finance costs: ₹36.46 lakhs
  • Depreciation & amortization: ₹89.08 lakhs
  • Other expenses: ₹178.42 lakhs
  • Total expenses: ₹602.49 lakhs

Profitability Metrics:

  • Profit/(Loss) before exceptional item and tax: ₹6.06 lakhs
  • Exceptional items: (₹154.19) lakhs (fire incident impact)
  • Profit/(Loss) before tax: (₹148.13) lakhs
  • Tax expense: Current tax: ₹0, MAT credit reversal: ₹86.38 lakhs, Deferred tax credit: (₹113.53) lakhs
  • Profit/(Loss) for the period: (₹120.98) lakhs (net loss)
  • Total comprehensive income for the period: (₹113.55) lakhs

Earnings Per Share:

  • Basic and diluted EPS from continuing operations: (₹0.35) per equity share of ₹5 each (not annualized)

Capital Structure:

  • Paid up equity share capital: ₹1,713.32 lakhs (unchanged)
  • Other equity (excluding revaluation reserve): Not specified for current quarter

Exceptional Items Details

Note 4 - Fire Incident:

On May 21, 2026, a fire incident occurred at Pacific Mall, Kaushambi, Ghaziabad, which impacted the Company's cinema premises located within the mall. The fire was contained by the mall's fire-fighting system. The company has:

  • Derecognized damaged assets worth ₹154.19 lakhs as required under Ind-AS 16
  • Lodged an insurance claim with the insurer including coverage under Loss of Profit insurance policy
  • Assessment of the claim by the insurer is currently in progress
  • Ultimate recoverable amount will be recognized as exceptional income upon reasonable certainty of realization

Note 3 - Labour Code Impact:

The Government of India notified four Labour Codes effective from November 21, 2025, which consolidate 29 existing labour laws. The company has:

  • Recognized ₹59.19 lakhs as "Statutory Impact of New Labour Codes" towards additional Gratuity and Compensated absences
  • This is classified as past service cost primarily due to revised definition of wages under Labour Codes
  • The impact was disclosed under Exceptional Items in financial results for year ended March 31, 2026
  • Company continues to monitor developments and will review estimates as further clarifications and Rules are notified

Auditor Review

The financial results were reviewed by statutory auditors KKC & Associates LLP (formerly Khimji Kunverji & Co LLP). Their review report concluded that nothing has come to their attention that causes them to believe that the statement contains any material misstatement. The review was conducted in accordance with SRE 2410 issued by ICAI.

Segment Information

The company has only one operating segment as per Ind AS 108 "Operating Segments" based on the nature of operations and how the chief operating decision maker reviews operating results. Accordingly, no separate segment disclosures have been made.

Comparative Figures

The figures for the quarter ended March 31, 2026 are balancing figures between audited figures for the full previous financial year and published unaudited year-to-date figures up to the third quarter of the previous financial year.