Shemaroo Entertainment Pivots to Digital Amid Traditional Business Challenges 2 days ago
Shemaroo Entertainment's Q1 FY26 results show a 9.63% decline in consolidated revenue to ₹139.52 crore. Digital media segment grew 17.70% YoY to ₹67.30 crore, while traditional media fell 25.71% to ₹72.20 crore. The company reported a net loss of ₹45.81 crore. Strategic measures include cost rationalization, portfolio repositioning, and digital expansion. Management changes include re-appointments of key executives and a new Compliance Officer. The company is transferring Mango TV's broadcasting license to Mango Mass Media Private Limited.
Shemaroo Entertainment Reports Q1 Loss, Reappoints Key Executives 2 days ago
Shemaroo Entertainment Reports Loss of INR 458.00 Million in Q1 Amid Traditional Media Decline 2 days ago
Shemaroo Entertainment Employees Win Relief in ₹400 Crore GST Penalty Case Apr 21, 2025
Shemaroo Entertainment Employees Get Relief in Rs 400 Crore GST Penalty Case Apr 18, 2025
More news about Shemaroo Entertainment
18Apr 25
Shemaroo Entertainment: Bombay HC Grants Interim Relief in ₹400 Crore GST Case
The Bombay High Court has provided interim relief to three senior Shemaroo Entertainment employees facing personal GST penalties of ₹400 crore. The court has stayed any coercive action against them until the final hearing on June 10, 2025. This case challenges the constitutionality and proportionality of GST penalties, with potential implications for corporate India regarding GST-related liabilities and enforcement practices.