Shares of Zee Entertainment Enterprises Ltd (ZEEL) today went up by 4 per cent after the company reported a 21.76 per cent increase in consolidated net profit for the quarter ended June 30, 2016.
The stock jumped 4 per cent to Rs 493.65 -- its one-year high -- on BSE.
At NSE, it went up by 4 per cent to touch its 52-week high of Rs 494.
ZEEL yesterday reported a 21.76 per cent increase in consolidated net profit at Rs 216.96 crore for the quarter ended June 30, 2016.
The company had posted a consolidated net profit of Rs 178.18 crore in the same period of previous fiscal.
Total income from operations stood at Rs 1,571.62 crore in the April-June quarter of this fiscal, up 18.46 per cent, compared to Rs 1,326.68 crore during the same period of 2015-16, ZEEL said in a filing to the BSE.
