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Disney Sees Loss From Reliance JV in India
August 07, 2025
|Mint Bangalore
Media and entertainment conglomerate Walt Disney Company has projected an equity loss of approximately $200 million for the year ended September from its India joint venture with Reliance Industries Ltd, primarily driven by purchase accounting amortization, suggesting that integration costs or performance issues remain in the country.
Disney recorded a $50 million loss from the India JV under "equity in the income of investees" for their third quarter ended June. Disney follows an October-September fiscal.
هذه القصة من طبعة August 07, 2025 من Mint Bangalore.
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