Eros International Q1 net profit falls 55% to ₹27.05 crore

Eros International Media Ltd on Monday reported a 54.87% fall in consolidated net profit at ₹27.05 crore for the…

Eros International Media Ltd on Monday reported a 54.87% fall in consolidated net profit at ₹27.05 crore for the quarter ended June 30, 2019.

The company had posted a net profit of ₹59.95 crore during the same period of the previous financial year.

Total income during the reported quarter stood at ₹210.29 crore as against ₹223.57 crore in the year-ago period; down 5.93%, the company said in a BSE filing.

Eros International Media is a media and entertainment firm; which is into co-production, acquisition and distribution of Indian language films in multiple formats.

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