Eros sees its profits soar

Bollywood film giant Eros enjoyed an Indian summer yesterday as its revenues soared 35 per cent to hit $92m (£57.9m). It spiced up its balance sheet with pre-tax profits of $29m, up four per cent year-on-year. It enjoyed a bumper year of Bollywood hits including the release of Ready, Zindagi Na Milegi Dobara, Murder 2 and Mausam, giving it three of the top five Indian theatrical film releases this year. It says its film outlook slate is strong until at least 2014.