Zee Entertainment posts Rs 14.15 crore net loss for Q1

In a regulatory filing, the ZEEL said during the first quarter of FY24, it had registered a operational revenue of Rs 1,832.35 crore (against Q1FY23's Rs 1,663.24 crore) and a net loss of Rs 14.15 crore (net profit Rs 248.87 crore).

IANS

Published:9th Aug, 2023 at 8:14 PM

CHENNAI: In a not so entertaining news to its shareholders, Zee Entertainment Enterprises Ltd (ZEEL) Wednesday said it closed the first quarter of FY24 with a net loss of Rs 14.15 crore.

In a regulatory filing, the ZEEL said during the first quarter of FY24, it had registered a operational revenue of Rs 1,832.35 crore (against Q1FY23's Rs 1,663.24 crore) and a net loss of Rs 14.15 crore (net profit Rs 248.87 crore).

During the quarter under review, the company’s expenses went up to Rs 1,758.82 crore, up from Rs1,458.24 crore spent during the previous year corresponding period.

Zee Entertainment posts Rs 14.15 crore net loss for Q1

In a regulatory filing, the ZEEL said during the first quarter of FY24, it had registered a operational revenue of Rs 1,832.35 crore (against Q1FY23's Rs 1,663.24 crore) and a net loss of Rs 14.15 crore (net profit Rs 248.87 crore).

Also Read

Chennai: Gold price jumps 76% in 2025; stays above Rs 1 lakh mark despite dip on December 31

Uttarakhand: 60 injured in loco train collision in Vishnugad-Pipalkoti hydroelectric project tunnel

Panel submits pension report to Chief Minister Stalin as strike threat looms

Khaleda Zia’s funeral prayer to be held at 2pm on Wednesday

India, Russia move towards more balanced, diversified economic ties in 2025