Panorama Studios board approves Q2 financials, confirms fund utilization

Panorama Studios International Limited concluded its board meeting, which commenced on November 14, 2025, and ended on November 15, 2025. During this meeting, the board approved the unaudited standalone and consolidated financial results for the quarter ended September 30, 2025. It also approved the Limited Review Report for these financial results.

Additionally, the company confirmed that there was no deviation or variation in the utilization of proceeds from the preferential issue of equity shares and convertible warrants. The funds, totaling INR 14,38,50,000, were utilized for the objects stated in the explanatory statement for the extra-ordinary general meeting held on January 24, 2024, by September 30, 2025. The conversion involved 7,00,000 equity convertible warrants into 35,00,000 equity shares of INR 2 face value.

The approved financial results indicate a net profit before tax of INR 1,373.23 lakhs (standalone) and INR 633.44 lakhs (consolidated) for the half year ended September 30, 2025. The total comprehensive income for the period was INR 1,000.17 lakhs (standalone) and INR 434.35 lakhs (consolidated).