Zee Entertainment Enterprises: Q1FY18 Result
DSIJ Intelligence / 24 Jul 2017
Zee Entertainment Enterprises Ltd (ZEEL) reported its results for the quarter ended June 30,
Zee Entertainment Enterprises Ltd (ZEEL) reported its results for the quarter ended June 30,
The company's total sales for Q1FY18 came in at Rs 1540.3 crore, which represents a 0.8 per cent sequential increase and 2 per cent YoY decline.
Its operating profit (EBIT) for the quarter amounted to Rs 400 crore and its EBIT margin stood at 25.9 per cent.
The company reported PAT of Rs. 251.44 crore, which represents a sequential QoQ decline of 83.39 per cent and a YoY increase of 15.85 per cent.
The acquisition of Reliance Broadcast Network Ltd has been completed.
Zee TV improved its market share during the quarter and was ranked second among pay Hindi GECs.
ZEEL is one of India’s leading television media and entertainment companies. Through its strong presence worldwide, ZEEL entertains over 1 billion viewers across 171 countries.
The company's stock today opened at Rs 558 and touched an intra-day high and low of Rs 561 and Rs 546.50, respectively, on the BSE.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.