Digikore Studios Limited returned to profitability in the financial year ended March 31, 2026, reporting a consolidated net profit of ₹1,263.58 lakh compared to a net loss of ₹720.35 lakh in the previous year. The company’s total revenue increased to ₹7,086.05 lakh from ₹3,700.65 lakh in FY25, primarily driven by its Visual Effects Services (VFX) segment. The turnaround was supported by a significant reduction in finance costs and improved operational efficiency, as reflected in the profit before tax which rose to ₹1,537.34 lakh from a loss of ₹961.49 lakh.

Digikore Studios filed its audited annual results with the National Stock Exchange, confirming that the statutory auditors, M/s. SKPN & Associates LLP, provided an unmodified opinion on both standalone and consolidated financial results. The Board of Directors approved the results at a meeting held on May 05, 2026. The company also addressed discrepancies in its initial XBRL filing, correcting mismatches in cash flow statements and attaching the necessary declaration regarding the unmodified auditor opinion.

Financial Performance

The standalone financial results for FY26 showed a net profit of ₹851.25 lakh, a reversal from the net loss of ₹724.96 lakh in FY25. Revenue from operations for the standalone entity stood at ₹6,321.01 lakh, up from ₹3,560.80 lakh in the prior year. Earnings per share (EPS) on a basic and diluted basis improved to ₹13.44 from a negative ₹11.45 in the previous year.

Consolidated Results

On a consolidated basis, the group’s total revenue reached ₹7,086.05 lakh for FY26, a substantial increase from ₹3,700.65 lakh in the previous year. Total expenses for the period were ₹5,548.70 lakh, compared to ₹4,662.15 lakh in FY25. The profit for the year stood at ₹1,263.58 lakh, with basic and diluted EPS recorded at ₹19.95, recovering from the previous year's loss of ₹11.37 per share.

Balance Sheet and Cash Flows

The company’s consolidated balance sheet showed total assets of ₹11,606.23 lakh as of March 31, 2026, up from ₹8,397.42 lakh a year earlier. Shareholders' funds improved to ₹4,768.19 lakh from ₹3,477.22 lakh. However, the company faced a net cash outflow from operating activities, which stood at ₹792.57 lakh for the year. Cash and bank balances at the end of the year were ₹14.81 lakh, a decrease from ₹32.93 lakh in the previous year, largely due to working capital changes and investing activities.

The auditors noted that certain figures in the consolidated financial results for the half year ended September 30, 2025, were restated to correct errors in intercompany eliminations. This restatement ensured compliance with the applicable financial reporting framework and did not result in a modification of the audit opinion.

Promoters of Digikore Studios have confirmed that they did not create any encumbrance on the company's shares during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure remains free from new charges or pledges, providing stability to the company's equity base.

Abhishek Rameshkumar More, a promoter of the company, submitted the declaration to the National Stock Exchange of India Limited and the Audit Committee of Digikore Studios Limited. The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers the promoter and promoter group, acting individually or in concert with persons acting in concert.

The disclosure lists the members of the promoter and promoter group as of March 31, 2026. The table below details the individuals and entities classified within the promoter group.

The declaration was signed on April 09, 2026, in Pune. The confirmation excludes any encumbrances that were already disclosed prior to the financial year ended March 31, 2026.