* The Un-Audited Financial results of the Company along with Limited Review Report for the Quarter ended 30th June, 2025. * To Co-Produce few Movies (approximately 5 Movies) in association ....
Awaiting price reaction for this filing.
GV Films posted standalone revenue from operations of Rs. 80 lakhs in Q1 FY26 versus Rs. 200 lakhs in Q4 FY25 (no operations in Q1 FY25), with total income of Rs. 159.52 lakhs. Standalone profit after tax came in at Rs. 19.42 lakhs (EPS Rs. 0.0010), reversing the Rs. 58.58 lakh loss a year ago, though finance costs remained heavy at Rs. 97.18 lakhs. On a consolidated basis, the company slipped into a loss of Rs. 21.85 lakhs due to deferred tax of Rs. 33.99 lakhs, with negative EPS of Rs. 0.0012. The auditor issued a qualified opinion on both standalone and consolidated results because the company has not recognized gratuity liability based on actuarial valuation under IND AS 19. Notes also flag ongoing SEBI investigations, FEMA/tax litigations, an income tax demand of Rs. 1,204 lakhs, and a Rs. 3.42 crore GST demand, with management acknowledging a significant revenue decline over the past four years while expressing confidence in a turnaround.
Shareholders should note the qualified audit opinion, persistent finance costs, continued losses at the consolidated level, and several unresolved regulatory and tax disputes. However, the standalone return to profitability and new movie co-production plans with a known star could provide some optimism, though execution and litigation outcomes remain key risks.