SHEMAROO

Dec 16 (Reuters) - BMB Music and Magnetics Ltd BMBM.BO:

• BMB MUSIC AND MAGNETICS LTD - TO CONSIDER MOU WITH SHEMAROO ENTERTAINMENT

Source text: ID:nBSEgBy20

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** Shares of Shemaroo Entertainment SHEM.NS fall as much as 7% to 165.50 rupees

** Co reports Q2 consolidated net loss of 262.2 mln rupees ($3 mln) vs year-ago profit of 48.8 mln rupees; rev from ops drops 18.5% Y/Y

** Traditional media segment, which forms about 60% of co's Q2 revenue, falls ~33% Y/Y

** "Broadcast advertising demand remains sluggish, putting further pressure on the traditional revenue streams," co says in investor presentation

** Stock last down 4.4%, trimming YTD gains to 6.1%

($1 = 84.0725 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Oct 17 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• SEPT-QUARTER CONSOL NET LOSS 262.2 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.62 BILLION RUPEES

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June 13 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• SHEMAROO ENTERTAINMENT LTD - GOT TAX ORDER FOR PAYMENT OF 702.6 MILLION RUPEES

• SHEMAROO ENTERTAINMENT LTD - THERE IS NO IMPACTON FINANCIAL, OPERATION OR OTHER ACTIVITIES OF CO

• SHEMAROO ENTERTAINMENT LTD - CO DENIES LIABILITY SET OUT UNDER NOTICE

• SHEMAROO ENTERTAINMENT LTD - SHALL ADOPT NECESSARY LEGAL REMEDIES TO CHALLENGE NOTICE

Source text for Eikon: ID:nNSE9j1H3X

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Feb 7 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• SHEMAROO ENTERTAINMENT DEC-QUARTER CONSOL NET LOSS 299.4 MILLION RUPEES VERSUS PROFIT 8.8 MILLION RUPEES

• SHEMAROO ENTERTAINMENT DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.56 BILLION RUPEES VERSUS 1.50 BILLION RUPEES

Source text for Eikon: ID:nNSE3Z7Mmf

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Oct 31 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• INDIA'S SHEMAROO ENTERTAINMENT LTD SEPT-QUARTER CONSOL NET PROFIT 48.8 MILLION RUPEES VERSUS PROFIT 33.8 MILLION RUPEES

• SHEMAROO ENTERTAINMENT LTD SEPT-QUARTER CONSOL TOTAL INCOME 2 BILLION RUPEES VERSUS 1.47 BILLION RUPEES

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Sept 8 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• COURT HAS HELD THE ARREST ITSELF TO BE ILLEGAL AND REMAND OF CO’S OFFICIALS WAS NOT WARRANTED

• CO DENIED CLAIM DEMANDED BY CGST DEPARTMENT

• WILL CONTEST CLAIM AS CO BELIEVES THAT ALL THE STATUTORY DUES AND COMPLIANCES HAVE BEEN DULY PAID AND FILED

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Sept 7 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• CGST, CENTRAL EXCISE DEPARTMENT CARRIED OUT SEARCH OP AT PREMISES OF CO ON SEPT 05

• CO'S JOINT MD, CEO, CFO HAD BEEN DETAINED ON SEPT 6; BAIL HAS BEEN GRANTED ON SEPT 7

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Aug 2 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• MINISTRY OF INFORMATION & BROADCASTING GRANTED PERMISSION TO UPLINK AND DOWNLINK TV CHANNELS BY CO

Source text for Eikon: ID:nBSE7zzFbD

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** Shares of Shemaroo Entertainment SHEM.NS fall as much as 5% to 150.9 rupees, their steepest intraday pct decline since June 23

** Co on Wednesday reported June-quarter consolidated net loss of 13.2 mln rupees ($161,000), versus a profit of 2.5 mln rupees a year earlier

** A 62.2% surge in total expenses to 1.56 bln rupees outweighed 60% revenue growth to 1.54 bln rupees

** "The company anticipates margins to continue to remain under pressure due to tepid advertising outlook coupled with continued investment in B2C initiatives," SHEM said in its investor presentation

** Stock down almost 6% YTD, as of last close

($1 = 82.0300 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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July 19 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• JUNE-QUARTER CONSOL NET LOSS 13.2 MILLION RUPEES VERSUS PROFIT 2.5 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.54 BILLION RUPEES VERSUS 960 MILLION RUPEES

Source text for Eikon: ID:nBSE2PrNVd

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** Shares of Shemaroo Entertainment Ltd SHEM.NS rise 9.98% to hit upper circuit of 130.05 rupees

** Stock marks sharpest intraday pct gain since Oct. 17, 2022; hits highest level since Feb. 9, 2023

** Co on Tuesday reported more than doubling of its Q4 profit Y/Y to 48.5 mln Indian rupees ($593,054.54) while its revenue from ops rose 75.8% Y/Y

** Stock's moving average convergence divergence (MACD) line above the signal line since May 4, indicating a bullish bias

** Stock is witnessing its most active trading session since Jan. 20, 2023

** More than 123,000 shares change hands by 11:17 a.m. IST, 3.2x 30-day avg of 37,917 shares

** Including session's gains, stock trims YTD loss to ~23% vs 34.1% rise in 2022

($1 = 81.7800 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

May 9 (Reuters) - Shemaroo Entertainment Ltd SHEM.NS:

• MARCH QUARTER CONSOL NET PROFIT 48.5 MILLION RUPEES VERSUS 20.5 MILLION RUPEES

• MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 1.64 BILLION RUPEES VERSUS 935.9 MILLION RUPEES

Source text for Eikon: ID:nBSEc4djJF

Further company coverage: SHEM.NS

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