Zee transmits stronger signal

However, March quarter saw soft international revenues eclipse recovery in those from domestic ads

Zee Entertainment Enterprises’ results for the March quarter (Q4) were marred by a host of one-offs. Beyond these, however, there were elements of surprise, including the Q4 profit being better than analyst expectations.
 
Consolidated revenues were up only 0.4 per cent over a year before, to Rs 1,528 crore, missing the Bloomberg estimate of Rs 1,571 crore. A high base effect in the March 2016 quarter in both advertising and subscription revenues, absence of one month of revenues from the sports revenues (which was sold), coupled with softness in the international business (14 per cent of consolidated revenues) were