Q4FY17 Results: Eros International Media

Eros International Media reported its results for the quarter ended March 31, 2017 on Friday.

The company's total sales for Q4FY17 came in at Rs 180.6 crore, which represents a 45.6 per cent sequential decline and 33.1 per cent YoY decline.

Its operating profit (EBIT) for the quarter amounted to Rs 36.2 crore and its EBIT margin stood at 20.1 per cent.

The company reported PAT of Rs 31.7 crore, which represents a sequential QoQ decline of 66.9 per cent and a YoY decline of 37.8 per cent.

The stock opened at Rs 223.20 and closed at at Rs. 224.80, up by 0.72 per cent .

Eros International Media Ltd is engaged in the business of media and entertainment industry. The company's principal products/services include film production, exploitation and distribution.