Financial Results for the Quarter and Nine months ended 31st December 2025.
Awaiting price reaction for this filing.
Eros International Media Ltd posted a standalone loss before tax of ₹3,953 lakhs for the nine months ended December 2025, against a profit of ₹1,686 lakhs a year earlier, with revenue from operations dropping sharply to ₹2,286 lakhs from ₹3,819 lakhs. On a consolidated basis, the nine-month loss before tax widened to ₹5,609 lakhs versus a profit of ₹14,987 lakhs previously, and revenue fell to ₹2,356 lakhs from ₹5,124 lakhs. The company's net worth has been fully eroded and it has defaulted on statutory dues on several occasions. The auditor issued a qualified conclusion on standalone results and a disclaimer on consolidated results, flagging long-overdue trade receivables of roughly ₹26,928 lakhs owed by related group entities (Eros Worldwide FZE, Eros UK, Eros USA) for which nearly the full amount has been provisioned, with RBI approval still pending. Ongoing matters include a SEBI investigation tied to content advances of about ₹1,01,601 lakhs and prior Enforcement Directorate search operations at the company's registered office.
Shareholders face a very high-risk situation: net worth is wiped out, auditors have flagged a material going-concern uncertainty, recoveries from group entities and outcomes of SEBI/ED probes remain unresolved, which could weigh heavily on the stock and investor confidence.