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Shemaroo Entertainment jumps after good Q3 earnings

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Capital Market
Last Updated : Jan 25 2016 | 2:47 PM IST

Shemaroo Entertainment rose 6.14% to Rs 328.50 at 13:37 IST on BSE after consolidated net profit rose 27.94% to Rs 12.82 crore on 15.72% rise in net sales to Rs 101 crore in Q3 December 2015 over Q3 December 2014.

The result was announced on Saturday, 23 January 2016.

Meanwhile, the BSE Sensex was up 111.99 points, or 0.46%, to 24,547.65.

On BSE, so far 43,835 shares were traded in the counter, compared with an average volume of 23,913 shares in the past one quarter. The stock hit a high of Rs 346 and a low of Rs 319 so far during the day. The stock hit a record high of Rs 375 on 12 January 2016. The stock hit a 52-week low of Rs 170 on 27 March 2015. The stock had outperformed the market over the past one month till 22 January 2016, rising 15.10% compared with 4.51% decline in the Sensex. The scrip had also outperformed the market in past one quarter, rising 15.49% as against Sensex's 10.45% fall.

The small-cap company has an equity capital of Rs 27.18 crore. Face value per share is Rs 10.

Shemaroo Entertainment's EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 32.9% to Rs 26.92 crore in Q3 December 2015 over Q3 December 2014. EBITDA margin stood at 26.6% in Q3 December 2015 as against 23.1% in Q3 December 2014.

Shemaroo Entertainment is an established filmed entertainment "Content House" in the country, active in Content Ownership, Creation, Aggregation and Distribution with a large content library of over 2800 titles. Shemaroo is engaged in the distribution of content for satellite channels, physical formats and emerging digital technologies like the Mobile, Internet, Broadband, IPTV and DTH among others.

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First Published: Jan 25 2016 | 1:36 PM IST

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