Zee Entertainment Q1FY24 Results: Consolidated Loss Down to Rs. 53.42 Cr

Zee Entertainment Q1FY24 Results: Consolidated Loss Down to Rs. 53.42 Cr

Zee Entertainment Q1 results show revenue fell from 2126.35 crores to 1998.26 crores, a -6.02% decrease in growth. EPS down from ₹-2.04 to ₹-0.56, down by 72.55%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Zee Entertainment shared its Q1 results on Wednesday. They earned 1998.26 crores in revenue this quarter, but that’s less than the 2126.35 crores they made last quarter. Unfortunately, the company’s growth decreased by 72.75 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -53.42 crores, down from -196.03 crores in the previous quarter. Their quarter-to-quarter growth decreased by 00 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-0.56, which is a decrease of 72.55% from the ₹-2.04 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1998.26 crores this year (2023), which is 6.47 percent higher than last year’s total revenue of 1876.84 crores.

This year’s PAT (Profit After Tax) is -53.42 crores, which is also -150.11% lower than last year’s PAT of 106.60 crores.

The EPS (Earnings Per Share) for this year is ₹-0.56, which is -150.45% less than the EPS of ₹1.11 earned last year.

Also Read: PI Industries Q1FY24 Results: Consolidated PAT of Rs. 382.9 Cr

Zee Entertainment Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Zee Entertainment:

Zee Entertainment Enterprises, a Mumbai-based multinational media conglomerate, operates across various sectors including television, print, internet, film, and mobile content. With a global presence, it currently runs 45 channels worldwide.

Download the Full PDF of Zee Entertainment Q1 Results: Click Here

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