Tips Films Limited has informed the Exchange regarding Board meeting (appointment of Secretarial Auditor and Internal Auditors) held on May 12, 2025
TIPSFILMS · price
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Awaiting price reaction for this filing.
Tips Films' board met on May 12, 2025 and approved audited standalone results for Q4 and FY ended March 31, 2025, with the statutory auditor (Maheshwari & Co.) issuing an unmodified opinion. The board also re-appointed Grant Thornton Bharat LLP and S P M L & Associates as internal auditors for FY26, and appointed N.L. Bhatia & Associates as secretarial auditor for five years from April 1, 2025. The financials are sharply negative: FY25 total income fell to ₹75.57 crore from ₹79.24 crore, while cost of production surged about 59% to ₹10.72 crore, dragging the company to a net loss of ₹45.40 crore versus a profit of ₹1.09 crore in FY24 (EPS of ₹-105.02 vs ₹2.52). Cash flow from operations also turned sharply negative for the year.
Negative for shareholders — the company swung from a small profit last year to a deep ₹45+ crore loss, revenue shrank, and operating cash flow turned negative, signalling stress in film-production economics despite a clean audit opinion. Watch for further disclosures on cost rationalisation, new film releases, and whether the FY26 auditor appointments lead to any governance commentary.