Ranbir Kapoor, Ramayana-linked stock zooms 10% after swinging back to profit in Q1
ADVERTISEMENT This net profit is compared to a net loss of Rs 158.07 crore in the corresponding quarter of the previous financial year.
Further, the company's revenue from operations also climbed 22.8% YoY to Rs 976.82 crore in the said quarter, against Rs 795.08 crore in the same quarter of the last fiscal year.
On a quarter-on-quarter basis too, the company posted a net profit against a net loss of Rs 251.62 crore in the previous quarter.The shares of Prime Focus have rallied by a whopping 63.2% in the last 3 months. The stock also witnessed a rally after the teaser of Ramayana was released earlier on July 3.
The surge in the share price gained further momentum after reports surfaced that Bollywood actor Ranbir Kapoor, who portrays Lord Rama in Ramayana, had invested in the company behind the film's production.
ADVERTISEMENT Following shareholder approval for a preferential equity issuance, Kapoor is said to have acquired 12.5 lakh shares of Prime Focus at Rs 120 each, amounting to an estimated investment of around Rs 15 crore. Unlock 500+ Stock Recos on App Prime Focus, established in 1997 by Namit Malhotra, has grown from a small post-production house in Mumbai into a global force in the VFX and animation industry. The company owns Double Negative (DNEG), a leading visual effects studio that has worked on blockbuster Hollywood titles such as TENET, Dune: Part Two, and Oppenheimer. DNEG's body of work has earned eight Academy Awards, solidifying Prime Focus' standing in the global entertainment arena.
ADVERTISEMENT Ramayana, directed by Nitesh Tiwari, is slated for release in two parts — Part One during Diwali 2026 and Part Two in Diwali 2027. The film stars Sai Pallavi as Sita and Kannada actor Yash as Ravana, who also serves as a co-producer on the project.
Also read: SBI strikes gold with Rs 78 crore profit in JSW Cement IPO by making 125% returns even before listing
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