Zee Entertainment Q2 net profit rises 8.9% to Rs 122.96 crore

Zee Entertainment Enterprise Ltd (ZEEL) reported a 8.92% increase in consolidated net profit to Rs 122.96 crore for the September quarter. Total income was 23% higher at Rs 2,509.57 crore compared to the same period last year. ZEEL attributed this growth to a strong performance in digital and healthy viewership gains in linear. However, YoY margins were lower due to an increase in content cost and investment in ZEE5.

Nov 9, 2023 - 22:30
Zee Entertainment Q2 net profit rises 8.9% to Rs 122.96 crore
Zee Entertainment Enterprise Ltd (ZEEL) reported a 8.92% increase in consolidated net profit to Rs 122.96 crore for the September quarter. Total income was 23% higher at Rs 2,509.57 crore compared to the same period last year. ZEEL attributed this growth to a strong performance in digital and healthy viewership gains in linear. However, YoY margins were lower due to an increase in content cost and investment in ZEE5.