Zee Entertainment’s Q4 profit at Rs 272 cr, ad revenue up marginally

Zee Entertainment Enterprise Ltd on Thursday reported a consolidated net profit of Rs 272.36 crore for the quarter ended in March 2021.

The company had reported a net loss of Rs 765.82 crore in the January-March quarter a year ago, Zee Entertainment Enterprise Ltd (ZEEL) said in a BSE filing.

Its total income during the quarter under review was Rs 1,984.39 crore against Rs 1,991.74 crore in the corresponding quarter.

According to the company, the impact on its result is primarily due to restrictions caused by the Covid-19 on the business activities, hence it is not comparable.

“The impact on the results for the quarter and year ended 31 March 2021 is primarily due to restrictions caused by the COVID-19 on the business activities.