Financial Results for the Quarter ended 30th June 2025
Awaiting price reaction for this filing.
Eros International Media posted weak Q1 FY26 results (quarter ended June 30, 2025). On a standalone basis, revenue from operations rose ~72% to ₹2,268 lakhs from ₹1,318 lakhs a year ago, but the company still reported a loss before tax of ₹2,197 lakhs and a net loss of ₹1,197 lakhs (EPS of ₹-2.29 vs ₹-1.59). On a consolidated basis, revenue actually fell ~57% to ₹1,198 lakhs from ₹2,782 lakhs, with a loss before tax of ₹2,943 lakhs. The board also approved a proposal to rename the company 'Eros Media Technologies Limited', subject to shareholder approval via postal ballot. The auditor Haribhakti & Co. issued a qualified conclusion on the standalone results and declined to express any conclusion on the consolidated results, flagging material uncertainty on going concern, long-overdue group entity receivables (~₹25,884 lakhs provided for), an ongoing SEBI show-cause notice, and Enforcement Directorate search operations.
Negative — the auditor has explicitly flagged a material going-concern uncertainty, the company's net worth is fully eroded, and unresolved SEBI/ED regulatory actions remain overhangs. Combined with widening losses and group-entity receivable risks, this is a high-risk situation for shareholders despite the proposed rebranding.