Top Story

e4m_logo.png

Home >> Media - TV >> Article

Zee Telefilms reports Q3 revenues of Rs 3,550 m; net profit marginally higher

28-January-2005
Font Size   16
Share
Zee Telefilms reports Q3 revenues of Rs 3,550 m; net profit marginally higher

Zee Telefilms on Thursday reported third quarter consolidated revenues of Rs 3,550 million, excluding Padmalaya, representing one per cent growth over the corresponding period in the previous year. The consolidated operating profit, excluding Padmalaya, stood at Rs 1,093 million, representing a nine per cent decline over the same period last year.

Profit before tax for the third quarter of fiscal 2004-05 was Rs 1,103 million, a decline of 5 per cent compared to the corresponding quarter last year, while net profit at Rs 865 million is higher by 1 per cent.

Commenting on the figures, Subhash Chandra, Chairman and Managing Director, Zee Telefilms, said, “Zee is in an investment phase, with several new channels added and DTH business receiving due investments for growth. The financial performance of the third quarter has to be seen in the context of the startup phase of these initiatives. We continue to invest for the long-term based on promising opportunities available in the industry.”

Advertisement revenue which stood at Rs 1,796 million for the third quarter, was lower by 2.5 per cent. Subscription revenue at Rs 1,624 million was up by 8.2 per cent compared to the corresponding period last fiscal. Domestic subscription revenue, including DTH, was Rs 707 million for Q3, up by 31.3 per cent.

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