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Zee Entertainment Enterprises reports consolidated net loss of Rs 53 crore in Q1

10 Aug 2023 Evaluate

Zee Entertainment Enterprises has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported net loss at Rs 14.15 crore for the quarter under review as compared to net profit of Rs 248.87 crore for the same quarter in the previous year. However, total income of the company increased by 3.00% at Rs 1844.16 crore for Q1FY24 as compared Rs 1790.41 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 53.42 crore for the first quarter ended June 30, 2023 as compared to net profit of Rs 106.60 crore for the same quarter in the previous year. However, total income of the company increased by 6.47% at Rs 1998.26 crore for Q1FY24 as compared Rs 1876.84 crore for the corresponding quarter previous year.

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