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Eros International Media reports 23% rise in Q1 consolidated net profit

14 Aug 2018 Evaluate

Eros International Media has reported results for first quarter ended June 30, 2018.

The company has reported over 2-fold jump in its net profit of Rs 25.19 crore for the quarter under review as compared to Rs 11.34 crore for the same quarter in the previous year. However, total income of the company decreased by 18.86% at Rs 165.43 crore for Q1FY19 as compared Rs 203.87 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 22.82% in its net profit of Rs 59.32 crore for the quarter under review as compared to Rs 48.30 crore for the same quarter in the previous year. However, total income of the company decreased by 18.21% at Rs 223.57 crore for Q1FY19 as compared Rs 273.36 crore for the corresponding quarter previous year.

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