)
Zee Entertainment Enterprises has reported a consolidated net profit of Rs 307 crore for the October-December 2014 quarter, up 43 per cent from Rs 214 crore in the year-ago period. The company's revenue grew 15 per cent to Rs 1,364 crore from Rs 1,188 crore.
Operating profit rose 22 per cent to Rs 353 crore in the third quarter of FY15 from Rs 291 crore in the corresponding quarter in the previous financial year. Earnings before interest, taxes, depreciation and amortisation, margin for the quarter stood at 25.9 per cent, while the profit after tax margin was 22.5 per cent. Advertising revenues for grew nine per cent to Rs 747 crore under review, compared to Rs 684 crore in the third quarter of FY14. Advertising revenues constituted 54 per cent of the total revenues.
Subscription revenue showed a 2.3 per cent dip on a year-on-year basis at Rs 446 crore, compared to Rs 456 crore a year ago. The dip has come on the back of muted growth in domestic subscription (Rs 345 crore), partially offset by international subscription revenues (Rs 101 crore).
