V R Films & Studios announced the outcome of its Board of Directors meeting held on May 08, 2026, wherein the board approved both standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The meeting, which commenced at 02:30 P.M. and concluded at 3:40 P.M., also addressed the appointment of internal auditors and other regulatory matters. The intimation was signed by Mr. Manish Dutt, Managing Director (DIN: 01674671). Subsequently, as per Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audited standalone and consolidated financial results were published in "Active Times" and "Mumbai Lakshdeep" on May 09, 2026. The company reported a significant turnaround in profitability, driven by reduction in overall expenses, improved inventory management, and better monetisation of content assets.

Standalone Financial Performance

The company reported a significant turnaround in its standalone financials for the year ended March 31, 2026, swinging to a profit from a prior-year loss. The statutory auditors, M/s B. L. Dasharda & Associates, issued an unmodified opinion on the audited standalone financial results. The following table summarizes the standalone performance:

For Q4 FY26, Total Income stood at ₹316.78 lakh against ₹243.88 lakh in the corresponding quarter of the previous year, while Profit Before Tax came in at ₹21.46 lakh compared to a loss of ₹400.56 lakh in the same period of FY 2024-25. Net Profit after Tax for the quarter was ₹9.66 lakh as against a net loss of ₹274.63 lakh in the corresponding quarter of FY 2024-25. For the full year FY 2025-26, Total Income was ₹1,207.47 lakh against ₹1,248.56 lakh in the previous year, with Profit Before Tax of ₹125.93 lakh compared to a loss of ₹493.03 lakh in FY 2024-25, and Net Profit after Tax of ₹96.62 lakh against a net loss of ₹374.44 lakh in the prior year.

Standalone Balance Sheet Highlights

The standalone balance sheet as at March 31, 2026 reflects a strengthened equity position and growth in total assets. Key balance sheet figures are presented below:

On a standalone basis, net cash flow from operating activities stood at ₹133.68 lakh for the year ended March 31, 2026, compared to ₹285.33 lakh in the prior year. Net cash from investing activities was ₹63.25 lakh, while net cash used in financing activities was ₹(198.89) lakh, resulting in a net decrease in cash and cash equivalents of ₹(1.96) lakh. Cash and cash equivalents at the end of the period stood at ₹10.37 lakh.

Consolidated Financial Performance

The consolidated results include the performance of the company's subsidiary, M/s Krishnabhan AI Tech Pvt Ltd, incorporated on September 19, 2025, in which V R Films & Studios holds a 50% stake with a share capital contribution of ₹6,00,000. As the subsidiary was incorporated during the current year, comparative figures for the prior year are not presented in the consolidated statements. The consolidated audited results for the year ended March 31, 2026 are summarized below:

Consolidated Balance Sheet and Cash Flow

The consolidated balance sheet as at March 31, 2026 shows total assets of ₹1,771.11 lakh, with total equity of ₹888.00 lakh (including non-controlling interest of ₹3.80 lakh), total non-current liabilities of ₹117.04 lakh, and total current liabilities of ₹766.07 lakh. On a consolidated basis, net cash flow from operating activities was ₹132.70 lakh, net cash from investing activities was ₹65.45 lakh, and net cash used in financing activities was ₹(198.89) lakh, resulting in a net decrease in cash and cash equivalents of ₹(0.74) lakh. Consolidated cash and cash equivalents at the end of the period stood at ₹11.59 lakh.

Board Decisions and Auditor Appointments

During the meeting, the board approved the appointment of M/s M.R.V. & Associates, Chartered Accountants (Firm Reg. No. 135836W), as Internal Auditors of the company for the financial year 2026-2027, in accordance with Section 138 of the Companies Act, 2013. The firm has experience in auditing, taxation, and company law, with exposure to audits of banks, financial institutions, and public and private sector entities. M/s B. L. Dasharda & Associates (Firm Registration Number: 112615W) served as the statutory auditors and issued an unmodified opinion on both the standalone and consolidated audited financial results. The trading window for designated persons and their immediate relatives, which was closed on April 1, 2026, will reopen 48 hours after the announcement of these results. The company also confirmed that there has been no deviation or variation in the use of public issue proceeds raised from its Initial Public Offering, rendering the Statement of Deviation(s) or Variation(s) under Regulation 32 of SEBI (LODR) Regulations, 2015 not applicable for the quarter ended March 31, 2026. The management remains focused on strengthening operational efficiencies, expanding digital distribution opportunities, and enhancing revenue generation from content and OTT platforms.

v r films & studios has informed BSE Limited that the Statement of Deviation(s) or Variation(s) under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the quarter ended March 31, 2026. The company confirmed that no deviation or variation has occurred in the utilisation of proceeds raised through its Initial Public Offering (IPO).

Regulatory Disclosure Under Regulation 32

The disclosure was made pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to submit a statement of deviation or variation in the use of public issue proceeds on a quarterly basis. Since the company has confirmed full adherence to the stated end-use of IPO funds, the statement is deemed non-applicable for the relevant quarter.

The key details of the regulatory filing are summarised below:

Management Confirmation

The filing was signed by Manish Dutt, Managing Director of V R Films & Studios Limited, and submitted to the Department of Corporate Services at BSE Limited, P. J. Towers, Dalal Street, Mumbai – 400 001. The company has requested BSE to take the communication on record.

V R Films & Studios Limited is headquartered at 19, Chhadva Apartments, Near Diamond Garden, Sion-Trombay Road, Chembur, Mumbai – 400 071, and operates under CIN: L92100MH2007PLC177175.