The revenues from operations have been reported at Rs. 556.6 crores in FY23 as in comparison with Rs. 381.4 crores in FY22.

Shemaroo Entertainment, has introduced its monetary outcomes for the fourth quarter and monetary yr ending thirty first March 2023.

The income from operations stand at Rs. 164.5 crores as towards Rs. 93.6 crores in This autumn FY22; it’s up by 75.8% YoY.

The earnings earlier than Interest, Tax, Depreciation, and Amortization (EBITDA) reported was at Rs. 16.9 crores as in comparison with Rs. 8.7 crores in This autumn FY22; up by 93.7% YoY; the corporate’s EBITDA Margin stands at 10.3%.

The firm’s Profit After Tax (PAT) was up by 136.5 % to Rs 4.8 crores in comparison with Rs 2.1 crores within the fourth quarter ended thirty first March 2022.

The revenues from operations have been reported at Rs. 556.6 crores in FY23 as in comparison with Rs. 381.4 crores in FY22; up by 45.9%.

Commenting on the outcomes, Hiren Gada, CEO – Shemaroo Entertainment Ltd., mentioned, “Considering the external economic scenario, I am very pleased with our overall performance in this financial year. We started on this journey of changing our business strategy in 2019 and against all odds and headwinds that we have faced over the last few years, we have overcome all these challenges and have been successful in meeting our strategic goals. We are extremely confident that the agility, strength and innovative business model, along with a professionally run organization with freshly inducted talent from the media industry, will see our company delivering strong financial performance in the coming years.” 

The yearly progress of digital media and conventional media for FY23 is 23.3% and 66.5% respectively, and the OTT Platform launched 14 new titles through the quarter. 

The firm acknowledged that the final leisure channels (GECs) recorded a viewership share of 9 % in total Hindi GEC style.