Zee Entertainment has posted a decrease of 38 per cent in its net profit at Rs 111 crore for the quarter ended September 30, 2009 against Rs 178 crore for the corresponding previous quarter.
Total income of the company decreased to Rs 569.6 crore during the quarter against Rs 599.6 crore for the quarter ended September 30, 2008.
During the quarter under review, revenues for the company fell 5.5 per cent to Rs 540 crore against Rs 571.7 crore in the corresponding previous quarter. Advertising revenues were down 13 per cent at Rs 248 crore while subscription revenues went up 8 per cent at Rs 243.5 crore.
The company's scrip was down 5.88 per cent at Rs 225 on the Bombay Stock Exchange.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app