Q4FY20: Zee Media reports profit of Rs 11.14 crore
The advertising revenue for the quarter stood at Rs 128.63 crore while the subscription revenue stood at Rs 8.47 crore
Zee Media has reported the financial results for the quarter ending March 31, 2020. The company has recorded a net profit Rs 11.14 crore for the quarter as against to Rs 86.66 crore loss. For the quarter, the total revenue stood at Rs 140.34 crore compared to same quarter last year's Rs 174.93 crore. The total expenses stood at Rs 134.40 crore as against Rs 151.81 crore.
The advertising revenue for the quarter stood at Rs 128.63 crore compared to Rs 154.2 crore of the same quarter last year.
Meanwhile, the subscription revenue stood at Rs 8.47 crore compared to 10.1 crore.
The operating revenue has been recorded as Rs 631.7 crore in FY20 compared to Rs 686.9 crore in FY19. The operating expenditure has been recorded as Rs 449.2 crore in FY20 as against Rs 513.2 crore in FY19.
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