India's Zee Entertainment quarterly profit falls on weak advertising, higher costs
India's Zee Entertainment quarterly profit falls on weak advertising, higher costs Aug 10 (Reuters) - India's Zee Entertainment Enterprises ZEE.NS reported a 46.9% fall in first-quarter profit on Monday, hurt by weak advertising revenue and higher costs related to its return to sports broadcasting.
The company posted a consolidated net profit of 763 million rupees ($8.01 million) for the quarter ended June 30, compared with 1.44 billion rupees a year earlier.
($1 = 95.3000 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru; Editing by Mrigank Dhaniwala)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
Recent news on Zee Entertainment Enterprises
See all newsIndia's Zee escalates copyright fight against Reliance-Disney's JioStar
Brief: Zee Entertainment Says Co Not Aware Of Any Information That Has Not Been Disclosed To Stock Exchanges
India's Zee drops after reports indicate Indian federal police files charges
India's Zee falls on reports founder's creditors oppose personal insolvency repayment
Brief: Zee Entertainment Says Sat Grants Partial Stay On SEBI Order Dated July 31, 2026