Board Meeting Details

The Board of Directors meeting was held on August 14, 2026, commencing at 11:45 a.m. and concluding at 12:50 p.m.

Financial Results Approval

The Board considered and approved the Unaudited Standalone Financial Results along with Limited Review Report for the quarter ended June 30, 2026.

Key Financial Figures (₹ in Lakhs)

Quarter Ended June 30, 2026 (Unaudited):

  • Income from operations: ₹4,796.43
  • Other Income: ₹27.85
  • Total income: ₹4,824.28
  • Cost of Production of films: ₹7,423.83
  • Employee benefits expense: ₹150.75
  • Depreciation and Amortization: ₹20.00
  • Other expenses: ₹170.82
  • Total expenditure: ₹7,765.40
  • Loss from operations before tax: (₹2,941.12)
  • Net Loss for the period after tax: (₹2,941.12)
  • Total Comprehensive Income: (₹2,941.13)
  • Paid-Up Equity Share Capital: ₹43.23 (face value ₹10 each)
  • Basic & Diluted EPS: (₹68.04)

Comparative Figures:

  • Quarter Ended June 30, 2025: Net Profit ₹474.41 lakhs, EPS ₹10.97
  • Quarter Ended March 31, 2026: Net Loss ₹347.34 lakhs, EPS (₹8.03)
  • Year Ended March 31, 2026: Net Loss ₹1,584.95 lakhs, EPS (₹36.66)

Management Changes

Resignation: Mr. Haresh Sedhani resigned as Chief Financial Officer (KMP) effective close of business hours on September 22, 2026, due to personal reasons. His resignation letter dated August 14, 2026, was taken on record.

Appointment: Mr. Saurabh Rathi appointed as Chief Financial Officer (KMP) effective September 23, 2026. He is a Chartered Accountant with over 14 years of experience in finance, accounts, taxation, and financial planning within the Media and Entertainment industry. His previous experience includes roles at The Walt Disney Company, UTV, Star India, Fox Corporation Group, and Yash Raj Films.

Auditor Review

The financial results were reviewed by the Audit Committee on August 14, 2026, and approved by the Board of Directors. The statutory auditors, Maheshwari & Co. (Firm Registration No. 105834W), issued an unqualified review report dated August 14, 2026.

Additional Notes

  • The company has only one reportable business segment: Film Production and Distribution
  • Consolidated Financial Statements are not applicable as the company has no subsidiaries, associates, or joint ventures
  • Previous year's figures include impact of ₹37.37 lakhs recorded as Employee Benefit Expense related to implementation of New Labour Codes
  • Results are available on company website and stock exchanges (BSE and NSE)