Zee Entertainment Q4 net profit declines 33% to Rs 182 cr; expenses up 27%

Zee Entertainment Enterprise Ltd (ZEEL) on Thursday reported a consolidated net profit of Rs 181.93 crore for the March quarter.

The company had posted a net profit of Rs 272.36 crore in the January-March quarter a year ago, according to a BSE filing.

Its total income during the quarter under review was Rs 2,361.17 crore. It was at Rs 1,984.39 crore in the year-ago period.

“The impact on the results for the quarter and year ended March 31, 2022 is primarily due to restrictions caused by the COVID-19 on the business activities. Hence, the results for the quarter and year ended March 31, 2022 are not strictly comparable with the results of the earlier periods presented,” ZEEL said.