Zee Media Q4 net profit at Rs 11.14 cr, revenue from operations down 18%

Zee Media Corporation Ltd on Saturday reported a consolidated net profit of Rs 11.14 crore for the fourth quarter ended March 31.

The company had posted a net loss of Rs 86.66 crore during January-March quarter of the previous fiscal, Zee Media Corporation Ltd (ZMCL) said in a regulatory filing.

Its revenue from operations was down 18.42 per cent at Rs 138.15 crore during the quarter under review, as against Rs 169.35 crore in the corresponding period of the previous fiscal.

ZMCL's total expenses slipped 11.46 per cent to Rs 134.40 crore in Q4 FY 2019-20, as against Rs 151.81 crore.

For the fiscal