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Zee Media Q2 net loss at Rs 18.04 crore

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Press Trust of India New Delhi
Zee Media Corporation today reported narrowing down of its consolidated net loss to Rs 18.04 crore for the second quarter ended September 30, 2016.

The company had reported a net loss of Rs 19.86 crore in the July-September quarter a-year-ago.

Its total income from operation during the quarter under review was down marginally 0.70 per cent to Rs 126.15 crore as against Rs 127.05 crore of the corresponding quarter of the previous fiscal.

Its total expenses were at Rs 118.21 crore.

Zee Media Corporation owns 10 news channels which includes Zee News, Zee Business and published newspaper DNA.

Shares of the company today settled at Rs 35.40 on BSE, down 1.67 per cent from previous close.

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First Published: Oct 27 2016 | 8:58 PM IST

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