Eros International Q1 net falls 55%

Eros International Media Ltd on Monday reported a 54.87 per cent fall in consolidated net profit at Rs 27.05 crore for the quarter ended June 30, 2019.

The company had posted a net profit of Rs 59.95 crore during the same period of the previous financial year.

Total income during the reported quarter stood at Rs 210.29 crore as against Rs 223.57 crore in the year-ago period, down 5.93 per cent, the company said in a BSE filing.

Eros International Media is a media and entertainment firm which is into co-production, acquisition and distribution of Indian language films in multiple formats.