📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Prime Focus Authorizes KMPs for Materiality Determination under SEBI Regulations
Prime Focus Limited has updated its list of Key Managerial Personnel (KMP) authorized to determine the materiality of events or information as per SEBI (LODR) Regulations. During a board meeting held on January 27, 2026, the company designated Chairman Naresh Malhotra and CFO Vikas Rathee to determine materiality. Additionally, Company Secretary Parina Shah has been authorized to handle the disclosure of such events to the stock exchanges. This is a standard regulatory compliance update to ensure transparent communication with the market.
Key Highlights
Board meeting held on January 27, 2026, to approve KMP authorizations under Regulation 30(5).
Chairman Naresh Malhotra and CFO Vikas Rathee authorized to determine event materiality.
Company Secretary Parina Shah authorized to make disclosures to NSE and BSE.
Contact details provided for investor relations include phone +91 22 26484900 and email ir.india@primefocus.com.
💼 Action for Investors
No action is required as this is a routine administrative filing. Investors should keep the updated contact information for future corporate governance inquiries.
Prime Focus Q3 Consolidated Revenue Jumps 34% YoY; Standalone Turnaround to Profit
Prime Focus Limited reported a strong consolidated revenue growth of 34% YoY, reaching ₹1,192.13 crore for the quarter ended December 31, 2025. On a standalone basis, the company turned profitable with a net profit of ₹12.41 lakh compared to a loss of ₹12.16 crore in the previous year's corresponding quarter. Despite operational growth, the company faces a significant legal overhang regarding a ₹353.80 crore loan dispute with Reliance Alpha Services, which has filed an insolvency petition at the NCLT. Finance costs on a consolidated basis saw a positive decline of approximately 11.6% YoY.
Key Highlights
Consolidated Revenue from operations increased to ₹1,192.13 crore in Q3 FY26 from ₹889.73 crore in Q3 FY25.
Standalone net profit recorded at ₹12.41 lakh, recovering from a loss of ₹1,216.09 lakh YoY.
Consolidated finance costs reduced to ₹132.80 crore from ₹150.24 crore in the same period last year.
Ongoing legal dispute and NCLT insolvency petition by Reliance Alpha Services involving ₹35,379.75 lakhs.
Employee benefit expenses rose to ₹630.43 crore, impacted slightly by new Indian Labour Codes.
💼 Action for Investors
Investors should weigh the strong operational revenue growth against the significant legal risk posed by the pending NCLT insolvency petition. Maintain a watch on the legal proceedings regarding the Reliance Alpha Services dispute as it remains a critical risk factor.
Prime Focus Q3 Consolidated Revenue Surges 46% YoY; Standalone Turns Profitable
Prime Focus reported a strong consolidated performance for Q3 FY26, with total income rising to ₹1,213.99 crore from ₹826.60 crore in the same quarter last year. On a standalone basis, the company turned a marginal profit of ₹12.41 lakh, recovering from a significant loss of ₹12.16 crore in the year-ago period. However, the company faces a major legal hurdle with an ongoing insolvency petition filed by Reliance Alpha Services Private Limited (RASPL) claiming ₹353.80 crore. Operational growth is visible, but high finance costs and legal contingencies remain key monitoring points.
Key Highlights
Consolidated total income grew by 46.8% YoY to ₹1,213.99 crore in Q3 FY26.
Standalone net profit stood at ₹12.41 lakh vs a loss of ₹1,216.09 lakh in Q3 FY25.
Ongoing legal dispute with Reliance Alpha Services involves a claim of ₹35,379.75 lakh and an NCLT insolvency petition.
The company allotted 1.33 crore equity shares during the nine-month period ended December 2025 via ESOPs.
Consolidated employee benefit expenses rose to ₹630.43 crore from ₹503.04 crore YoY.
💼 Action for Investors
Investors should weigh the strong operational revenue growth against the significant legal risk posed by the NCLT insolvency petition. Maintain a watch on the legal proceedings regarding the ₹353 crore claim before making fresh commitments.