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Eros International Media Q4, FY 2023 Results: Check Profit, Earnings, Revenue And Other Financial Details
Eros International Media Q4 FY 2023 Results: For the quarter ended 31 March 2023 (Consolidated), the company saw a 1108% jump in revenues QoQ, which rose from Rs. 33.46 Cr (Q3FY23) to Rs. 404.47 Cr (Q4FY23).
Updated Jun 14, 2023 | 11:57 AM IST
Eros International Media Ltd. (BSE: 533261, NSE: EROSMEDIA) reported earnings for quarter and year ended 31 March 2023 in its board meeting held on May 29, 2023. (Pixabay pic.)
Eros International Media Ltd. has reported earnings for quarter and year ended 31 March 2023 in its board meeting held on May 29, 2023.
Eros International Media FY 2023 Results:
For the financial year ended 31 March 2023 (Consolidated), the company saw a 62.44% grwoth in revenues YoY, which rose to Rs. 756.51 Cr (FY23). Profit Before Tax (PBT) was reported negative at Rs. 119.78 Cr (Loss YoY).
Eros International Media Q4 FY 2023 Results:
For the quarter ended 31 March 2023 (Consolidated), the company saw a 1108% jump in revenues QoQ, which rose from Rs. 33.46 Cr (Q3FY23) to Rs. 404.47 Cr (Q4FY23).
The company reported a negative profit before tax (PBT) for Q4FY23 - losses narrowed QoQ, from a loss of Rs. 51.22 Cr (Q3FY23) to a loss of Rs. 6.35 Cr (Q4FY23).
Net PAT came in negative (loss), stood at Rs. 13.20 Cr (Q4FY23), narrowing QoQ, from loss of Rs. 34.29 Cr (Q3FY23).
Earlier in March, the company intimated the exchanges that it executed a binding agreement for an itemized assets sale with regards to its music assets (including all rights, title and interests related thereto) to a third party, as per a company statement.
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