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

Updated: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.

SCROLL FOR NEXT

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

MSD & Co swings it, Zaheer is new head coach of Chennai Super Kings

CM Vijay vows collateral-free education loans up to Rs 20 lakh, says minister Viswanathan

Kin stage protest as lorry driver killed in Ariyalur

CM Vijay tells district admin to strengthen monsoon readiness

Chennai: DRI busts gold smuggling racket involving customs, X-ray staff