Thursday, 24 May 2018

Eros International Media stock soars 14% after strong Q4 numbers

The company’s total income during the quarter under review was up 22.5% at Rs257.8cr, as against Rs210cr in the corresponding quarter of the previous fiscal. Shares of Eros International Media soared over 14% after it reported 85% rise in its consolidated net profit to Rs58.7cr for the fourth quarter ended March 31. The company had posted a net profit of Rs31.7cr during the January-March period of previous fiscal. Its total expenses stood at Rs173.5cr.

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