Cineline India Limited has informed the Exchange about submission of revised financial results for the quarter and year ended 31.03.2025
CINELINE · price
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Cineline India Limited has resubmitted its audited financial results for Q4 and FY25 after fixing a typographical error where the December 2024 (Q3) quarter column was inadvertently omitted from the consolidated results. For the full year FY25, standalone revenue from operations rose about 11% to ₹21,062.14 lakhs (vs ₹18,961.06 lakhs in FY24), but the company reported a standalone net loss of ₹(5,064.42) lakhs versus ₹(155.47) lakhs in the prior year. The sharp loss is largely driven by an exceptional charge of ₹(6,947.94) lakhs on the sale of its wholly owned subsidiary R&H Spaces Private Limited to Sparsh Vidyut Private Limited for ₹270 crores, classified as a discontinued operation. Even excluding this one-time item, the standalone loss before exceptional and tax widened to ₹(1,093.36) lakhs from ₹(181.74) lakhs. On a consolidated basis, FY25 net loss was ₹(1,762.22) lakhs with an exceptional loss of ₹(2,590.15) lakhs. The company also allotted 38.46 lakh warrants (aggregating up to ₹45 crores) on 3 February 2025. Auditor KKC & Associates LLP issued an unqualified opinion on both standalone and consolidated results.
The headline loss numbers look severe, but most of it is a one-time accounting hit from divesting a subsidiary; the ₹270 crore sale inflow has wiped out long-term borrowings and boosted cash. Investors should focus on the widening operating loss (ex-exceptional) and the 11% revenue growth in the core cinema exhibition business. Near-term stock reaction may be muted since the main story — a clean exit from a non-core subsidiary — is already known.