than expected monetization of regional movies and catalogue sales. EROS confirmed that realignment of catalogue sales is progressing as planned and Q1 saw a pick-up in catalogue sales. EROS has guided for catalogue sales to be 20% of revenue by end of FY17 and increase to 25% of revenue in the medium term. EROS has also reaffirmed its target to keep receivables under check and is confident of maintaining receivable days at 100 days as in FY16. FY17 slate has seen exit of two bigbudget movies Shivaay' and Singham 3' (Tamil). There has been addition of Kahani 2' and Janatha Garage' (Telugu), both mid-budget movies....