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Zeel reports higher op revenue, PAT for Q2 2020

The Subhash Chandra-led Zee Entertainment Enterprises Ltd (Zeel) reported 7.6 percent and 7.4 percent y-o-y growth in total and operating revenues for the quarter ended 30 September 2019 (Q2 2020, quarter or period under review) as compared to the corresponding year ago quarter Q2 2019.

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Ad revenue growth drives Zee Media numbers up in Q1 FY20

The Essel group’s Zee Media Corporation Ltd (ZMCL) reported 29.7 per cent growth in consolidated operating revenue for the quarter ended 30 June 2019 (Q1 2020, quarter or period under review) at Rs 200.66 crore as compared to Rs 154.69 crore for the corresponding year ago quarter Q1 2019 (y-o-y).

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ZEEL's Punit Goenka on Oppenheimer transaction, strategic investor, additional stake sale

Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday announced what much of the media and entertainment as well as the investor ecosystem had been waiting to hear for a while. ZEEL reached an agreement with US-based Invesco Oppenheimer Developing Markets Fund for 11 per cent (around Rs 400 per...

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Despite TRAI's new tariff order hiccup in Q4, Zeel numbers up for FY 2019

The Subhash Chandra led Zee Entertainment Enterprises Ltd (Zeel) reported growth across all important parameters for the year ended 31 March 2019 (FY 2019, year, fiscal or period under review) as compared to the previous year FY 2018. The company says in its earnings release that it faced some...

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Zee Entertainment stake sale at an advanced stage

The much-anticipated Zee Entertainment Enterprises Ltd (ZEEL) stake sale is now at an advanced stage, Essel Group has confirmed. "The stake sale process of Zee Entertainment Enterprises Ltd undertaken by Essel Group, is in steady progress and at an advanced stage," the group said in a statement on...

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