BSEGV Films LtdMediumNeutral
Announced Wed, 8 Jul · 16:50 IST

GV Films: Revised FY25 audited results, auditor flags qualified opinion

Qualified OpinionEmphasis Of MatterResults RestatedRevenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GV Films filed revised audited consolidated FY25 results, correcting a typo where paid-up capital was wrongly shown as 9146.28 Lakhs instead of the correct 18646.28 Lakhs. Auditor gave a qualified opinion citing no IND AS 19 actuarial valuation, missing balance confirmations, and unverified FCCB documents. FY25 PBT was Rs 11.94 Lakhs versus a loss of Rs 128.31 Lakhs prior year. Revenue Rs 200 Lakhs. Operating cashflow was deeply negative at minus 9520 Lakhs. Several tax and GST demands pending appeal.

Likely market impact

Multiple auditor qualifications, pending tax demands with bank lien, and deeply negative operating cashflow signal material risks for shareholders.