From mint · Pranati Deva · · 1m 10s
Prime Focus Shares Jump 61% in Year After 14x Profit Surge
Prime Focus shares surged 61% in a year after reporting 14x profit jump in Q2 FY27.
In brief
Prime Focus shares surged 61% in a year after reporting 14x profit jump in Q2 FY27. Prime Focus Ltd, parent of Ramayana VFX studio, saw shares rise 61% in a year following a 14x Q2 FY27 profit increase. Originally reported by mint.
Prime Focus Q2 Results
Prime Focus reported more than 14-fold rise in Q2 FY27 net profit to ₹ 58.27 crore.
“Prime Focus reported a sharp rise in consolidated profit and revenue for Q2 FY27, supported by demand for visual effects services”
Revenue Growth
Revenue grew 35% to ₹ 1,410.17 crore from ₹ 1,042.89 crore a year earlier.
Stock Performance
Shares fell 11% since Ramayana release but gained 61% over one year.
Ramayana Box Office
Ramayana collected over ₹ 1,000 crore worldwide with ₹ 64.85 crore opening in India.
Profit Turnaround
Q2 profit jumped 14x from ₹ 4.06 crore to ₹ 58.27 crore after June quarter loss.
Shareholder Shift
Foreign investors reduced stake from 11% to less than 3% while retail holdings doubled.
Film Budget
Ramayana's two-part production budget reportedly exceeds ₹ 4,000 crore.
Stock Decline Post Release
Shares dropped 11% since release despite film's strong box office performance.
Yearly Performance
Stock gained 61% over one year with 244% five-year return.
The takeaway
Prime Focus Ltd, parent of Ramayana VFX studio, saw shares rise 61% in a year following a 14x Q2 FY27 profit increase.
