EROSMEDIANSEEros International Media Limited· Media & EntertainmentHighNeutral
Announced Thu, 13 Nov, 2025 · 18:44 IST
Eros International Q1 FY26: losses persist, auditor flags going concern
Going-concern doubtQualified audit opinionNet loss reportedRelated-party transactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Q1 FY26: Eros International standalone net sales up to Rs 2,268 lakhs from Rs 1,318; consolidated fell to Rs 1,198 lakhs from Rs 2,782. Standalone loss before tax Rs 2,197 lakhs (vs Rs 5,359); consolidated loss Rs 2,943 lakhs. Auditor Haribhakti gave qualified conclusion on standalone, declined on consolidated, citing Rs 25,884 lakhs provisions on group receivables, SEBI/ED probes, and going concern uncertainty. Net worth eroded. Name change to Eros Media Technologies Limited proposed.
Likely market impact
Multiple red flags: qualified audit, going concern doubt, SEBI and ED probes, name change pending shareholder approval raise shareholder risk.