Shemaroo Entertainment Q2 Results Live : Shemaroo Entertainment declared its Q2 results on 17 Oct, 2024, revealing a significant decline in revenue and a net loss for the period. The company’s topline decreased by 18.53% year-over-year, leading to a loss of ₹26.22 crore, a stark contrast to the profit of ₹4.88 crore reported in the same period last fiscal year.
Despite the yearly downturn, Shemaroo Entertainment noted a slight quarter-over-quarter improvement, with revenue growing by 4.97% from the previous quarter. However, the company’s operating income took a severe hit, plummeting by 88.01% quarter-over-quarter and 277.62% year-over-year.
In terms of expenses, Shemaroo reported that Selling, General & Administrative (SG&A) expenses remained unchanged on a quarter-over-quarter basis but experienced a 7.57% increase year-over-year.
The company’s earnings per share (EPS) for Q2 stood at ₹-9.62, reflecting a staggering decrease of 634.44% year-over-year, indicating the financial challenges faced during this period.
Shemaroo Entertainment’s stock performance has also shown volatility, delivering a -5.23% return in the past week, while achieving a 10.93% return over the last six months and an 11% year-to-date return.
As of now, Shemaroo Entertainment boasts a market capitalization of ₹485.79 crore, with its shares trading between a 52-week high of ₹240 and a low of ₹127.6.
Shemaroo Entertainment Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 162.06 | 154.39 | +4.97% | 198.91 | -18.53% |
| Selling/ General/ Admin Expenses Total | 30.15 | 30.15 | -0% | 28.03 | +7.57% |
| Depreciation/ Amortization | 1.5 | 1.52 | -0.95% | 1.45 | +3.87% |
| Total Operating Expense | 190.03 | 169.27 | +12.27% | 183.16 | +3.75% |
| Operating Income | -27.97 | -14.88 | -88.01% | 15.75 | -277.62% |
| Net Income Before Taxes | -35.77 | -22.8 | -56.88% | 7.45 | -579.89% |
| Net Income | -26.22 | -17.25 | -51.98% | 4.88 | -637.1% |
| Diluted Normalized EPS | -9.62 | -6.33 | -51.97% | 1.8 | -634.44% |
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