Eros International Media Limited has informed the Exchange regarding 'Eros International Media Limited has informed the Exchange regarding 'Intimation Of Expected Delay In Submission Of Financial Results And Request For Extension Of Timeline To Hold Board Meeting Beyond August 14, 2025'.
Awaiting price reaction for this filing.
Eros International Media has informed the stock exchanges that it will not be able to meet the August 14, 2025 deadline for submitting its quarterly and annual financial results. The delayed results cover three periods: Q3 FY25 (quarter ended December 31, 2024), Q4 FY25 (quarter and year ended March 31, 2025), and Q1 FY26 (quarter ended June 30, 2025). The company cited technical difficulties with its financial accounting system, which it says have now been resolved. It also noted that the September 30, 2024 quarter results were only published on July 31, 2025, and audits for subsequent periods are still ongoing.
The delay in publishing results for three consecutive quarters raises governance and transparency concerns for shareholders. Until the audited numbers are released, investors will lack clarity on the company's true financial health, which may keep the stock under pressure and invite regulatory scrutiny from SEBI.