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ZeeL net profit surges to Rs 400 crore in Q3

Domestic subscription revenue grew by 9.3 per cent. 04 Feb, 2021 - 03:46 PM IST     |     By indiantelevision.com Team     MUMBAI: Zee Entertainment Enterprises Ltd (ZeeL) has reported a consolidated net profit of Rs 400 crore for the quarter ended 31 December 2020. The company had posted a net profit of Rs 349 crore in the year-ago period. The company s Q3 consolidated total income rose by 30 per cent to Rs 2,757 crore as against Rs 2,120 crore in December 2019. Consolidated revenue grew by 33.2 per cent to Rs 2,729 crore; excluding content syndication deal of Rs 551 crore, revenue grew 6.3 per cent. Revenue for the quarter stood at Rs 2,178.1 crore, while the EBITDA was at Rs 715.7 crore.

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