Announcement under Regulation 30 (LODR) - Newspaper Publication
Awaiting price reaction for this filing.
Eros International Media has submitted the newspaper clippings of its un-audited financial results for the quarter ended June 30, 2024, published in 'The Free Press Journal' (English) and 'Navshakti' (Marathi) on May 16, 2025, as required under SEBI Listing Regulations. The results were approved at a board meeting held on May 14, 2025. On a consolidated basis, revenue from operations for Q1 FY25 stood at ₹19,932 lakhs versus ₹4,360 lakhs in Q1 FY24, with a profit after tax of ₹13,787 lakhs compared to a loss of ₹28,618 lakhs in the same quarter last year. On a standalone basis, however, the company swung to a loss after tax of ₹665 lakhs against a loss of ₹33,534 lakhs in the year-ago quarter. EPS (consolidated) for the quarter was ₹14.37 versus a negative ₹31.80 previously.
The publication itself is a routine compliance disclosure and is unlikely to move the stock. However, shareholders should note that Q1 FY25 results were finalised and published nearly 11 months after the quarter ended, raising concerns about the timeliness of financial reporting.