Shemaroo Entertainment Q1FY24 Results: Consolidated Loss of Rs. 1.32 Cr

Shemaroo Entertainment Q1FY24 Results Consolidated Loss of Rs. 1.32 Cr

Shemaroo Entertainment Q1 results show revenue fell from 164.73 crores to 154.26 crores, a -6.36% decrease in growth. EPS down from ₹1.78 to ₹-0.49, down by -127.53%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Shemaroo Entertainment shared its Q1 results on Wednesday. They earned 154.26 crores in revenue this quarter, but that’s less than the 164.73 crores they made last quarter. Unfortunately, the company’s growth decreased by -6.36 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -1.32 crores, down from 4.84 crores in the previous quarter. Their quarter-to-quarter growth decreased by -127.25 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-0.49, which is a decrease of -127.53% from the ₹1.78 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 154.26 crores this year (2023), which is 57.97 percent higher than last year’s total revenue of 97.65 crores.

This year’s PAT (Profit After Tax) is -1.32 crores, which is also -632.57% lower than last year’s PAT of 0.24 crores.

The EPS (Earnings Per Share) for this year is ₹-0.49, which is -644.44% less than the EPS of ₹0.09 earned last year.

Also Read: Jubilant Pharmova Q1FY24 Results: Consolidated PAT of Rs. 6.4 Cr

Shemaroo Entertainment Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Shemaroo Entertainment :

Shemaroo Entertainment Ltd. is an Indian company involved in content creation, aggregation, and distribution within the media and entertainment industry. It was originally established as a book-circulating library named Shemaroo by Buddhichand Maroo in 1962. Later, in 1979, the company pioneered India’s first video rental business.

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