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Eros International Media reports 14% rise in Q4 consolidated net profit

Eros International Media has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 49.10% in its net profit at Rs 18.12 crore for the quarter under review as compared to Rs 35.60 crore for the same quarter in the previous year. Total income of the company marginally decreased by 0.17% at Rs 190.83 crore for Q4FY19 as compared Rs 191.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 14.21% in its net profit at Rs 67.03 crore for the quarter under review as compared to Rs 58.69 crore for the same quarter in the previous year. Total income of the company increased by 2.11% at Rs 263.18 crore for Q4FY19 as compared Rs 257.75 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 13.44% in its net profit at Rs 87.36 crore as compared to Rs 77.01 crore for the previous year. Total income of the company increased by 19.38% at Rs 869.80 crore for year under review as compared to Rs 728.57 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 15.25% in its net profit at Rs 266.48 crore as compared to Rs 231.22 crore for the previous year. Total income of the company increased by 12.84% at Rs 1,139.69 crore for year under review as compared to Rs 1,010.01 crore for year ended March 31, 2018.