Top Story

e4m_logo.png

Home >> Media - TV >> Article

Zee Telefilms records Rs 92.7 crore profit

30-April-2005
Font Size   16
Share
Zee Telefilms records Rs 92.7 crore profit

Zee Telefilms Limited has reported fourth quarter consolidated revenues of Rs 387.80 crore representing a 10.1 per cent growth over the corresponding period in the previous fiscal. The consolidated operating profit stood at Rs 125.5 crore, showing a 24.4 per cent growth over the same period last year.

Profit-before-tax for the fourth quarter of the fiscal 2005 was Rs 124.7 crore, a growth of 12.6 per cent as compared to the corresponding quarter last year, while net profit was Rs 92.7 crore, a growth of 11.4 per cent, after providing Rs 47 million as exceptional item.

The numbers as mentioned are after consolidating the financials of ETC Networks Limited (ETC) for the fourth quarter of FY 2005, but without consolidating the financials of Padmalaya, since Zee has divested its stake in Padmalaya. The Board of Directors have taken on record the un-audited consolidated financial results of Zee Telefilms Limited and its subsidiaries for the quarter ended March 31, 2005.

Subhash Chandra, Chairman and Managing Director, said, "Though we had a fairly good fourth quarter, we are set for a better performance in FY 2006. We have made quite a few critical changes, which would allow us to be more productive. Starting with appointment of Pradeep Guha as CEO for our content business, we have put in place a very strong management team. We have increased the GRPs of Zee channels consistently over the previous quarter, while maintaining lead in Hindi movies, music and regional language channels."

Guha, said, "Our effort of improving the product quality is an ongoing one and would translate into increased consumer demand. The re-branding exercise we undertook during the quarter weaves a thread of common identity between our many diverse brands and brings us closer to our younger audience."

Tags

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

Luis Fonsi, Rita Ora, Jain of Makeba fame , Dimitri Vegas, Jason Derulo, Charly Black and Dasu, J Balvin, Parineeti Chopra, Tiger & Jackie Shroff speak exclusively to the radio channel

The Film-Maker, as the host of ‘Calling Karan’, Will Be Just A Phone Call Away From Listeners Seeking Advice On Love & Relationship

The group aims to double its FMCG turnover to Rs. 1,000 crore over four years.