Zee Entertainment Q2 net profit soars 541% to Rs 69.63 crore
Shares of Zee Entertainment rose over 3 per cent as the company’s net profit soared 541 per cent to Rs 69.63 crore for the July-September quarter compared with Rs 10.85 crore in the same quarter previous year.
Total income decreased to Rs 248.72 crore in the same period from Rs 250.94 crore a year ago.
On consolidated basis, the company posted a net profit of 361 per cent at Rs 97.06 crore in the September quarter compared with Rs 21.01 crore in the corresponding period last year.
Total income increased to Rs 421.07 crore from Rs 364.79 crore year ago.
At 2:46 pm, the Zee Entertainment share rose 3.52 per cent to Rs 330.45 with volume traded at 3,60,836 against two-week average of 8,58,687 shares.
