Shemaroo Entertainment has reported its Q2 FY2025 results, showing growth in revenue but a significant increase in net loss on both a quarterly and year-on-year basis.
- Revenue from Operations:
- Q2 FY2025 revenue stood at ₹162.06 crore, up 5% QoQ from ₹154.39 crore in Q1 FY2025.
- Year-on-year (YoY), revenue declined by 18.5%, compared to ₹198.91 crore in Q2 FY2024.
- Net Loss:
- Q2 FY2025 net loss widened to ₹25.93 crore, compared to a net loss of ₹17.05 crore in Q1 FY2025, reflecting a 52.1% increase QoQ.
- On a YoY basis, the net loss also expanded by >100%, compared to a net profit of ₹5.45 crore in Q2 FY2024.
Despite the revenue growth, the company’s profitability has been impacted due to higher operational costs and other expenses, leading to a greater loss for the quarter.