Top Story

Home >> Media-TV >> Article

Zee Telefilms Q2 net zooms 115%

29-October-2004
Font Size   16
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

Varun Raina, Marketing Manager, Airbnb India speaks to exchange4media about the successful #LiveThere campaign and how Bollywood helps them connect with its young consumer

Tim Castree is all praises for his team in India and trusts it to be a result of “an excellent execution of agency’s global strategy” headed by Kartik Sharma

Siddharth Dabhade says Criteo’s technology allows brands to engage with shoppers, create relevant experience on retail apps, thereby driving sales and profits

Shantanu Gangane says OTT platform Viu plans around 20+ originals and is all set to enter the Tamil market with a mix of syndicated and original content

right
left
BREAK THE CEILING TOUCH THE SKY 2018 SEES OVERWHELMING INDUSTRY PARTICIPATION 10TH EDITION OF ABC EUREKA AWARDS IN MUMBAI CELEBRATES WORK OF PARTNER AGENCIES EMINENT JURY PICKS LOUDEST’S 100 MOST POWERFUL INDIAN MUSIC BUSINESS LEADERS MODE LOFT BY SABGROUP LAUNCHES SIGNATURE MENSWEAR POWER DRESSING CLOTHING LINE TOP MARKETERS DISCUSS ART AND SCIENCE OF EFFECTIVE LISTENING @PITCH CMO SUMMIT 2018, DELHI THIRD SEASON OF ‘INDIA’S TOP DIGITAL PLANNERS’ RECOGNIZES EXCELLENCE IN THE DIGITAL INDUSTRY WOMEN ECONOMIC FORUM 2018 SEES DISTINGUISHED GLOBAL PERSONALITIES IN ATTENDANCE PEPPER CREATIVE AWARDS 2018 RECOGNIZE THE BEST IN ADVERTISING IN SOUTH INDIA RADIO CITY’S POWER OF RADIO MEET HOSTS TOP ADVERTISING INDUSTRY LEADERS TOP INDUSTRY PERSONALITIES ATTEND ZOOM-MYNTRA EVENING TO CELEBRATE THEIR PARTNERSHIP LEADING MARKETERS, EXPERTS SHARE INSIGHTS ON DIGITAL TRANSFORMATION @ADOBE SYMPOSIUM IN MUMBAI NICKELODEON TRADE PARTY SEES MARKETING INDUSTRY LEADERS AND THEIR FAMILIES IN ATTENDANCE GOLDEN MIKES RADIO ADVERTISING AWARDS 2018 RECOGNIZE INDUSTRY’S MOST DESERVING ACHIEVERS AIMA MANAGING INDIA AWARDS HONOUR THE BEST IN THE INDUSTRY BW BUSINESSWORLD’S GREAT INDIA DEBATE BRINGS TOGETHER INTELLECTUALS ACROSS INDUSTRY SECTORS BW BUSINESSWORLD SMART CITIES CONCLAVE PATNA 2018 SEES EMINENT INDUSTRY LEADERS IN ATTENDANCE EMINENT JURY PICKS WINNERS OF GOLDEN MIKES RADIO ADVERTISING AWARDS MADDYS 2018 SEE TOP ADVERTISING AND MARKETING INDUSTRY LEADERS IN ATTENDANCE LOKMAT MAHARASHTRIAN OF THE YEAR AWARDS 2018 RECOGNIZE EXCEPTIONAL TALENT CNBC-TV18’S INDIA BUSINESS LEADER AWARDS HONOUR HIGH-ACHIEVERS, OUTSTANDING LEADERS AND TOP VISIONARIES

Telugu channel Star Maa is launching two new serials in the afternoon slots on May 21- Kante Koothurne Kanali and Shambhavi

CCI in February fined Google $20 million for abusing its position in online web search and also slammed the company for preventing its partners from using competing search services

Bhattacharya was has now set his sights on entrepreneurship with plans to set up something in content and fashion tech space