Eros International Q4 Net Up 30.22 Per Cent at Rs 41.4 Crore

Film distribution company Eros International Media Ltd on Thursday reported a 30.22 per cent increase in net profit at Rs 41.4 crore for the fourth quarter that ended on March 31, 2014.

The company had posted a net profit of Rs 31.79 crore for the corresponding quarter a year ago, it said in a filing to the BSE.

Eros International's net sales during the quarter under review stood at Rs 314.62 crore, up 48.18 per cent as against Rs 212.32 crore in the corresponding period last year.

Overall expenses in the quarter were at Rs 242.31 crore as against Rs 172.21 crore a year ago.

For the fiscal year 2013-14, net profit stood at Rs 199.69 crore as compared with Rs 154.53 crore in the previous financial year.

Net sales in 2013-14 were at Rs 1,134.66 crore as against Rs 1,067.95 crore in the same period last year.

Shares in Eros International, on Thursday, ended at Rs 172.40 apiece on the BSE, up 1.80 per cent from the previous close.
 

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