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Prime Focus Ltd Q1FY24; 18% rise in Revenue

PFL was founded by Mr. Namit Naresh Malhotra in 1997. It started from Mumbai to being an integrated media and entertainment services powerhouse. It is present in 18 cities (8 in India and 10 internationally) across 5 continents.
Prime Focus is engaged in the business of post-production activities including digital intermediate, visual effects, 2D to 3D conversion, and other technical and creative services to the Media and Entertainment industry.

Financial Results:

Prime Focus Ltd reported Revenues for Q1FY24 of ₹1,210.00 Crores up from ₹1,028.00 Crore year on year, a rise of 17.7%.

Total Expenses for Q1FY24 of ₹1,338.00 Crores up from ₹1,060.00 Crores year on year, a rise of 26.23%.

Consolidated Net Profit of -₹72.00 Crores from -₹49.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹2.27, from -₹1.51 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Media
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