Zee Ent is expected to announce net profit at Rs 273.3 crore
Zee Ent is expected to announce net profit at Rs 273.3 crore
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Zee entertainment enterprises is probably to proclaim net profit at Rs 273.3 crore in January-March quarter, up 18.4 % from Rs 230.8 crore in equivalent quarter last fiscal. According to a media report, the media company's total income may rise 10.8 percent at Rs 1492.7 crore compared to Rs 1347.1 crore in year-ago period.

Also, During the quarter, its EBITDA may increase 39.2 percent at Rs 377 crore against Rs 270.7 crore while limits may place at 520 basis points (bps) at 25.3 percent versus 20.1 % year-on-year.

Ad revenue growth is seen at 23 percent (YoY). Sports business EBITDA loss is likely to be between Rs 15 crore to Rs 30 crore due to WWE in Delhi and T20 Series in South Africa.

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