Shemaroo Entertainment Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Shemaroo Entertainment Ltd reported a 2.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 5.8%.
- Its expenses for the quarter were up by 9.9% QoQ and 18.3% YoY.
- The net profit increased 40.9% QoQ and increased 20.0% YoY.
- The earnings per share (EPS) of Shemaroo Entertainment Ltd declined at 13.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 167.34 | 162.74 | 158.13 | 2.8% | 5.8% |
Total Expenses | 218.15 | 198.51 | 184.48 | 9.9% | 18.3% |
Profit Before Tax | -50.80 | -35.77 | -26.36 | 42.0% | 92.7% |
Tax | -14.28 | -9.84 | 4.07 | 45.1% | -450.9% |
Profit After Tax | -36.53 | -25.93 | -30.43 | 40.9% | 20.0% |
Earnings Per Share | -13.30 | -9.60 | -11.00 | 38.5% | 20.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shemaroo Entertainment Ltd is a well-established company in the Indian media and entertainment industry. The company is primarily engaged in the business of content production and distribution, offering a wide range of products and services including film production, digital content, and TV broadcasting. It has a rich library of content and is involved in acquiring, producing, and distributing content across various platforms. As of the latest updates, there were no specific major developments reported that pertain to this period, but the company continues to focus on expanding its digital footprint and content offerings.
Revenue
In the third quarter of the fiscal year 2025, Shemaroo Entertainment Ltd reported a total income of ₹167.34 crores. This marks a 2.8% increase from the previous quarter's income of ₹162.74 crores and a 5.8% increase from the ₹158.13 crores reported in the same quarter of the previous fiscal year. The steady growth in revenue reflects the company's ongoing efforts to enhance its content offerings and distribution capabilities. Despite challenges in the media industry, the company has managed to sustain a positive trend in its income generation over the observed period.
Profitability
Shemaroo Entertainment Ltd's profitability metrics for Q3FY25 indicate a challenging quarter. The company reported a loss before tax of ₹50.80 crores, an increase of 42.0% from the loss of ₹35.77 crores in Q2FY25 and 92.7% higher than the loss of ₹26.36 crores in Q3FY24. The tax expenses also grew significantly, with a negative tax adjustment of ₹14.28 crores compared to ₹9.84 crores in the previous quarter and a reversal from a positive tax of ₹4.07 crores in Q3FY24. Consequently, the profit after tax stood at a loss of ₹36.53 crores, marking a 40.9% increase in losses compared to the previous quarter and a 20.0% increase year-over-year. The earnings per share also reflect the increased losses, reported at -₹13.30, up from -₹9.60 in the previous quarter and -₹11.00 in the same quarter last year.
Operating Metrics
The financial data indicates an increase in total expenses for Shemaroo Entertainment Ltd, from ₹198.51 crores in Q2FY25 to ₹218.15 crores in Q3FY25, which signifies a 9.9% quarter-over-quarter rise. Year-over-year, total expenses increased by 18.3% from ₹184.48 crores in Q3FY24. This rise in expenses has contributed to the amplified losses reported in the company's profitability metrics. The company's operational efficiency remains under scrutiny as the expenses growth outpaces revenue growth during this period. Key financial ratios such as the P/E ratio and debt-to-equity ratio are not directly calculable from the provided data, but the earnings per share and reported losses suggest a focus on cost management and revenue enhancement strategies may be prudent for future financial stability.
