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ZEEL — Zee Entertainment Enterprises News Story

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Indian broadcaster Zee's Q3 profit drops as advertising demand stays weak

Jan 22 (Reuters) - India's Zee Entertainment Enterprises ZEE.NS reported a fall in quarterly profit on Thursday, as advertising revenue remained under pressure, and higher programming costs continued to weigh on margins.

The company posted a consolidated net profit of 1.55 billion rupees ($16.9 million) for the quarter ended Dec. 31, compared with 1.64 billion rupees a year earlier.

($1 = 91.6050 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru; Editing by Ronojoy Mazumdar)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

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