Eros International Media Q3 FY24 Results Live : Loss Rise by 3.17% YoY
Eros International Media Q3 FY24 Results Live : Revenue Increased by 122.95% YoY & Loss Increased by 3.17% YoY
Eros International Media, a leading media company, has declared their Q3 FY24 results on 14th February 2024. The company's revenue has shown an impressive growth of 122.95% compared to the same quarter last year.
However, it is worth noting that the company has also reported a 3.17% increase in loss year over year. In comparison to the previous quarter, the revenue has declined by 26.51% while the loss has increased significantly by 237.25%.
Moving on to the company's expenses, the selling, general, and administrative expenses have decreased by 42.62% quarter over quarter. However, on a yearly basis, these expenses have increased by 5.51%.
The operating income of Eros International Media has faced a significant decline of 411.51% quarter over quarter and a decrease of 37.72% year over year.
The earnings per share (EPS) for the third quarter of FY24 is reported to be ₹-5.47, showing a decrease of 3.14% year over year.
In terms of returns, Eros International Media has delivered -9.66% return in the last 1 week, 33.95% return in the last 6 months, and 4.77% year-to-date return.
As of now, the market capitalization of Eros International Media stands at ₹242.18 Cr, with a 52-week high of ₹30.2 and a 52-week low of ₹17.3.
Eros International Media Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 31.57 | 42.96 | -26.51% | 14.16 | +122.95% |
| Selling/ General/ Admin Expenses Total | 7.85 | 13.68 | -42.62% | 7.44 | +5.51% |
| Depreciation/ Amortization | 1.16 | 1.03 | +12.62% | 1.65 | -29.7% |
| Total Operating Expense | 102.22 | 20.28 | +404.04% | 65.46 | +56.16% |
| Operating Income | -70.65 | 22.68 | -411.51% | -51.3 | -37.72% |
| Net Income Before Taxes | -50.35 | 34.76 | -244.85% | -51.22 | +1.7% |
| Net Income | -52.43 | 38.2 | -237.25% | -50.82 | -3.17% |
| Diluted Normalized EPS | -5.47 | 3.98 | -237.25% | -5.3 | -3.14% |
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