11 August 2011

Eros International Q1 cons net up


Eros International has reported a rise of 39.4% (YoY) in profits for the first quarter of FY12. During the period, consolidated net profit of the company increased to Rs 21.6 crore as against Rs 15.5 crore in the corresponding quarter last fiscal.
Consolidated net sales jumped 21.4% to Rs 153 crore from Rs 126 crore year-on-year.
Total expenditure went up 22% to Rs 125.3 crore from Rs 102.9 crore during the same period.
EBITDA shot up 24% to Rs 29.8 crore in the quarter ended June 2011 as against Rs 24 crore in same quarter the previous year.
Other income increased to Rs 8.4 crore from Rs 0.3 crore.

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