Balaji Telefilms Limited has informed the Exchange regarding Board meeting held on July 03, 2025.
BALAJITELE · price
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Balaji Telefilms Limited's Board, at its meeting on July 3, 2025, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. On a standalone basis, total income for FY25 was about ₹62,070 lakhs, up from ₹46,579 lakhs in FY24 (restated), reflecting roughly 33% growth driven mainly by the scheme of amalgamation. However, the company reported a loss before tax of about ₹(3,696) lakhs for FY25 versus a loss of ₹(1,169) lakhs in FY24, with EPS of ₹(3.55) versus ₹(1.12). The statutory auditors, Deloitte Haskins & Sells LLP, issued an unmodified (clean) opinion on both standalone and consolidated results. A key development: the NCLT-approved scheme merging ALT Digital Media Entertainment and MFPL Advisors into Balaji Telefilms became effective on June 20, 2025 (appointed date April 1, 2024), resulting in a capital reduction of about ₹70,506 lakhs adjusted against securities premium and retained earnings, and the recognition of a deferred tax asset on accumulated losses of ₹9,375 lakhs. Prior year figures have been restated to give effect to the merger.
Strong top-line growth on a restated basis is encouraging, but the company remains loss-making at the bottom line, with losses deepening year-on-year. The merger and large capital reduction reshape the balance sheet and make year-on-year comparisons less straightforward. The clean audit opinion is reassuring, but near-term shareholder returns will depend on whether the consolidated business can move toward profitability.