Eros Q2 net profits to up by Bajrangi Bhaijaan and Srimanthudu

bajrangi-bhaijaan-srimanthuduEros International witnessed huge jump in its net profit and revenue in the first quarter of the fiscal on the back of strong box-office performance of movies like ‘Tanu Weds Manu Returns’, ‘Uttama Villain’, ‘Dil Dhadakne Do’ (overseas), and ‘Gabbar’ (overseas).

EROS’s consolidated net profit during the quarter ended 30 June 2015 jumped 48.9 % to Rs 53.4 crore (Rs 534 billion), compared to Rs 35.8 crore (Rs 358 million) in the corresponding quarter of the previous fiscal year.

The second quarter EROS expects much more jump for being associated with blockbuster films like Salman Khan’s Bajrangi Bhaijaan , which collected 600+ crore at box office and Mahesh Babu’s Telugu film Srimanthudu, which has already crossed 100 crore mark at Box Office.