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Zee Entertainment Enterprises reports 27% rise in Q4 consolidated net profit

28 May 2019 Evaluate

Zee Entertainment Enterprises has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 50.39% in its net profit at Rs 308.29 crore for the quarter under review as compared to Rs 621.45 crore for the same quarter in the previous year. Total income of the company decreased by 13.76% at Rs 1,725.96 crore for Q4FY19 as compared Rs 2,001.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 26.83% in its net profit at Rs 292.53 crore for the quarter under review as compared to Rs 230.64 crore for the same quarter in the previous year. Total income of the company increased by 14.48% at Rs 2,076.06 crore for Q4FY19 as compared Rs 1,813.43 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a fall of 13.45% in its net profit at Rs 1,654.81 crore as compared to Rs 1,911.93 crore for the previous year. However, total income of the company marginally increased by 3.98% at Rs 7,047.22 crore for year under review as compared to Rs 6,777.40 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 6.06% in its net profit at Rs 1,567.24 crore as compared to Rs 1,477.75 crore for the previous year. Total income of the company increased by 14.87% at Rs 8,185.35 crore for year under review as compared to Rs 7,126.03 crore for year ended March 31, 2018.

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