 "Eros International sees 18% drop in revenue to Rs 2.2 bn in Q1 of FY19")
Film and entertainment studio Eros International (Eros) reported 18.2 per cent drop in revenue for the quarter ended June 30 (Q1FY19). From Rs 2.7 billion in Q1FY18, revenues of the company dropped to Rs 2.2 billion in the quarter under consideration. However, a steep decline in expenses resulted in earnings before interest & taxes (Ebit) growth of 30.5 per cent from Rs 741 million in Q1FY18 to Rs 937 million in Q1FY19. Profit after tax (PAT) for the quarter stood at Rs 593 million, up 22.8 per cent from last year's Rs 483 million.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%