Zee Entertainment reports 46% drop in its Apr-June qtr numbers

July 16, 2009 by admin  

Zee Entertainment Enterprises has announced its unaudited results for the quarter ended June 30, 2009.

The company has posted a net profit of Rs 71.27 crore for the quarter ended June 30, 2009 against Rs 130.97 crore for the quarter ended June 30, 2008, down 45.58%. Total income has decreased from Rs 359.34 crore to Rs 266.65 crore, registering a negative growth of 25.79% on Year-on-Year (YoY) basis.

On a consolidate basis, the Group has posted a net profit of Rs 91.32 crore for the first quarter of FY10 against Rs 160.71 crore posted in a year ago period, down 43.17%. Total income has decreased from Rs 569.76 crore to Rs 508.44 crore, plunging 10.76% on YoY basis.

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