Eros International profit up 35.6% to Rs 501 mn

By: | Published: November 12, 2014 10:12 PM

Eros International announced its consolidated financial results for the quarter...

Film and entertainment company, Eros International announced its consolidated financial results for the quarter and half year ended September 30, 2014 (Q2 & H1 FY2015).

Sunil Lulla, Managing Director, Eros International Media Ltd. said, “We reported healthy results in the first half driven by the performance of new film releases in Hindi and regional languages and robust monetization of library films over existing and emerging distribution channels. While our first half saw two high profile regional movies leading with significant support from our overseas films, our second half has a number of high profile Hindi and Tamil films such as ‘Happy Ending’, ‘Action Jackson’, ‘Lingaa’,’Tevar’ and ‘Shamitabh’ . ‘Kaththi’, which was a Diwali release has already enjoyed a successful run at the box office.”

Highlights:

CONSOLIDATED RESULTS FOR H1 FY2015
·         Total Income increased by 22.6% to Rs. 4,849.1 million (Rs. 3,956.8 million in H1 FY2014)
·         EBIT increased by 36.9% to Rs. 1,320.4 million (Rs. 964.4 million in H1 FY2014)
·         Profit after tax (after minority) increased by 29.7% to Rs. 859.8 million (Rs. 663.1 million in H1 FY2014)
·         Diluted EPS increased by 28.8% to Rs. 9.29 (Rs. 7.21 in H1 FY2014)

CONSOLIDATED RESULTS FOR Q2 FY2015
·         Total Income increased by 19.3% to Rs. 2,403.0 million (Rs. 2,014.7 million in Q2 FY2014)
·         EBIT increased by 43.3% to Rs. 721.1 million (Rs. 503.1 million in Q2 FY2014)
·         Profit after tax (after minority) increased by 35.6% to Rs. 501.4 million (Rs. 369.7 million in Q2 FY2014)
·         Diluted EPS increased by 34.6% to Rs. 5.41 (Rs. 4.02 in Q2 FY2014)

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition