outcome of Board Meeting
PFOCUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prime Focus Limited reported its annual audited results for FY2026. On a consolidated basis, revenue grew 29.7% to Rs 458.73 crore from Rs 353.79 crore, while net profit turned positive at Rs 30.14 crore compared to a loss of Rs 45.83 crore in FY25. The company swung back to profitability after significant losses in the previous year. However, the standalone results showed a loss of Rs 0.27 crore against a profit of Rs 18.59 crore in FY25, with standalone revenue declining 29.9% to Rs 27.86 crore. The board decided not to recommend any dividend for FY26. The auditors issued an unmodified opinion but included an Emphasis of Matter regarding ongoing insolvency proceedings (NCLT admission stayed by NCLAT) related to a Rs 35.38 crore claim from Reliance Alpha Services Private Limited.
The strong consolidated performance with ~30% revenue growth and return to profitability is positive for shareholders, though the ongoing legal dispute and standalone losses raise concerns. The stock may see mixed reaction given the turnaround at consolidated level but lingering legal risks.