Top Story

e4m_logo.png

Home >> Media - TV >> Article

Zee Telefilms Q2 net zooms 115%

29-October-2004
Font Size   16
Share
Zee Telefilms Q2 net zooms 115%

Zee Telefilms has posted a net profit of Rs 39.99 crore for the quarter ended September 30, 2004, up 115.46 per cent compared with Rs 18.56 crore in the quarter ended September 30, 2003. Income from sales and service for the quarter has gone up by 74.55 per cent to Rs 188.10 crore (Rs 107.76 crore).

Operating profit has increased to Rs 62.09 crore as against Rs 24.78 crore for the quarter ended September 30, 2003. Interest and other income has come down to Rs 7.95 crore (Rs 17.53 crore). Finance costs in the quarter have scaled down to Rs 2.36 crore (Rs 9.28 crore) due to capital restructuring.

The Zee stock closed on the Bombay Stock Exchange on Thursday at Rs 150.95, down 2.14 per cent from the previous day’s close of Rs 154.25.

The company’s consolidated net profit for the quarter has declined 1.3 per cent to Rs 69.1 crore (Rs 70 crore). Consolidated revenues for the period have grown 7.7 per cent during the quarter to Rs 347.9 crore (Rs 323.1 crore).

According to a media release, gross debt, excluding the foreign currency convertible bonds (FCCB), was reduced by Rs 300 crore during the half year ended September 30, 2004.

A further Rs 100 crore was repaid in October. Consolidated results include the financials of ETC Network and Padmalaya Enterprises Pvt Ltd (PEPL).

The financials of Padmalaya Telefilms (PTL) have not been consolidated in the numbers for the quarter as PEPL’s holding in PTL had dropped below 50 per cent, the release said.

In the year-ago quarter, PTL had contributed Rs 26.1 crore to revenues and Rs 3.3 crore to operating profits.

Tags

Karthik Raman, Chief Marketing Officer, IDBI Federal Life Insurance, on the brand’s unconventional approach to marketing and priorities for the next year

Vinik Karnik, Business Head - ESP Properties, talked about what went into conceptualising the first edition of the entertainment marketing report, Showbiz

Rahul Jhamb, Brand Head, Forever 21, on how the fast fashion brand always stays on the pulse of latest marketing trends

Heavy spends on OOH and print sum up this year’s ad spends of YLG Salon

Conceptualised and executed by WATConsult, the campaign focuses on how Lotus Make-up is an enabler for women from various walks of life

iProspect released the third annual 2018 Future Focus Whitepaper geared to examine how machines and technology will impact marketing and advertising in the year ahead

Mavcomm Consulting one of India’s leading Public Relations, Reputation Management& Brand Communications company today announced elevation of Pranjal Dutta to the role of CEO