Zee Entertainment Q3FY17 Results

Bhagyashree Vivarekar / 24 Jan 2017

Zee Entertainment Q3FY17 Results

The company reported a PAT figure of Rs 250.81 crore, which represents a sequential QoQ increase of 5.21 per cent and a YoY increase of 8.64 per cent.

Zee Entertainment Enterprises Ltd. reported its results for the quarter ended December 31, 2016 today. 

The total sales for Q3FY17 came in at Rs 1639.12 crore, which represents a 3.32 per cent sequential decline and 3.39 per cent YoY increase.

The operating profit (EBIT) for the quarter amounted to Rs 490.89 crore and the EBIT margin stood at 29.95 per cent.

The company reported a PAT figure of Rs 250.81 crore, which represents a sequential QoQ increase of 5.21 per cent and a YoY increase of 8.64 per cent.

The company's stock, which opened for trading at Rs 483 on the BSE, has fallen by 0.62 per cent and closed for the day around Rs 480.

Zee Entertainment Enterprises Ltd is an integrated television, media and entertainment company. A flagship company of ESSEL group, the company is involved in broadcasting and content development, production and its distribution through satellite, cable and internet. The company has 23 channels that serve an array of content choices in India. 

 

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