Shemaroo Entertainment Limited — Investor Meet, 21-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Shemaroo Entertainment reported Q2 FY25 consolidated revenue of ₹162 crores, an 18.5% year-on-year decline, with a net loss of ₹26 crores. Digital media revenue grew 17%, while traditional media declined 33%. The company aims to reduce debt by ₹100 crores over two fiscal years. Its digital platform, ShemarooMe, is expanding, and the company launched new titles and shows, whilst managing operational costs effectively. The overall focus is on strengthening the balance sheet amidst a challenging advertising environment.