Incorporated in 1994, Eros International Media Limited is a global player within the Indian media and entertainment industry and is primarily engaged in the business of film production, exploitation and distribution. It operates on a vertically integrated studio model controlling content as well as distribution and exploitation across multiple formats globally, including cinema, digital, home entertainment and television syndication.
Financial Results:
- Eros International Media Ltd reported Revenues for Q1FY24 of ₹7.00 Crores down from ₹37.00 Crore year on year, a fall of 81.08%.
- Total Expenses for Q1FY24 of ₹136.00 Crores up from ₹93.00 Crores year on year, a rise of 46.24%.
- Consolidated Net Profit of -₹112.00 Crores from -₹26.00 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹11.54, from -₹2.72 in the same quarter of the previous year.