Shemaroo Entertainment reports Rs 36.52 crore Net Loss for Q3 FY25

Shemaroo Entertainment Limited announced its financial results for the third quarter ended December 31, 2024, reporting a net loss of ₹36.52 crore, a widening from ₹25.93 crore loss in the previous quarter and ₹30.43 crore loss in the same quarter last year.

Key Financial Highlights:

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  • Revenue from Operations:
    • ₹164.37 crore in Q3 FY25, a slight increase from ₹162.06 crore in Q2 FY25, and up from ₹155.92 crore YoY in Q3 FY24.
  • Total Income:
    • ₹167.34 crore in Q3 FY25 compared to ₹162.74 crore in Q2 FY25 and ₹158.13 crore in Q3 FY24.
  • Expenses:
    • Total expenses rose to ₹218.14 crore in Q3 FY25 from ₹198.51 crore in Q2 FY25 and ₹184.49 crore in Q3 FY24, driven by higher operational costs.
  • Loss Before Tax:
    • ₹50.80 crore loss in Q3 FY25 compared to ₹35.77 crore loss in Q2 FY25 and ₹26.36 crore loss in Q3 FY24.
  • Tax Expense:
    • A tax credit of ₹14.27 crore was recorded in Q3 FY25, narrowing from ₹9.83 crore in Q2 FY25.

Despite a modest revenue increase, the company faced mounting losses primarily due to rising operational costs. This reflects ongoing challenges in the entertainment sector amidst evolving market dynamics.