Operational revenue increased 20% year over year (YoY) to Rs 7,218 crore during the reporting quarter.
Robust expansion expected in margins.
Good performance likely on the cards.
Recommendation: Add; Target Price: Rs 1260
Healthy performance expected from the company.
OMCs are expected to report profit during the quarter.
The net profit for Q1FY24 reached Rs 313 crore
Film producer and distributor Eros International Media also owns the well-known OTT streaming service Eros Now.
The alliance will also prioritize reducing e-waste as an impact area.
Recommendation: Add; Target Price: Rs 1260
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