ZEEL reports 94% fall in Q1 consolidated net profit
19th Aug 2020

Zee Entertainment Enterprises (ZEEL) has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 87.45% in its net profit at Rs 64.27 crore for the quarter under review as compared to Rs 512.19 crore for the same quarter in the previous year. Total income of the company decreased by 40.20% at Rs 1,125.26 crore for Q1FY21 as compared Rs 1,881.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 94.28% in its net profit attributed to owners at Rs 30.37 crore for the quarter under review as compared to Rs 530.57 crore for the same quarter in the previous year. Total income of the company decreased by 36.63% at Rs 1,338.41 crore for Q1FY21 as compared Rs 2,112.03 crore for the corresponding quarter previous year.