Television

ZMCL reports consolidated revenue of Rs 1,370.3 mn in Q2

The company reported consolidated net loss of Rs 1264.6 mn

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2019/10/24/Zee_Media_.jpg?itok=oPJj68oh

MUMBAI: Zee Media Corporation Ltd (ZMCL) reported consolidated revenues of Rs 1,370.3 million for the second quarter of FY 20. The Network incurred an expenditure of Rs 1,000.1 million in the quarter and reported a consolidated net loss of Rs 1264.6 million for the second quarter ended September 30, 2019 on account of exceptional items.

“During the quarter, the network expanded its footprint s into Southern India through the launch of Zee Hindustan in Tamil and Telugu languages. This is intended to make the network's content accessible to wider audience,” ZMCL said on a statement.

Operating revenue of the network grew by 4.4 per cent to Rs. 3,376.9 million in the first half of FY20 from Rs. 3,233.5 million in the first half of FY19. However, it declined by 18.8 per cent to Rs 1,370.3 million in Q2FY20 from Rs 1,686.6 mn in Q2FY19 .

Operating expenditure in Q2FY20 reduced by 21.7 per cent to Rs 1,000.1 million from Rs 1,277.9 million in Q2FY19, while reducing by 4.8 per cent to Rs 2,347.9 million in the first half of FY 20 from Rs 2,466 million in the first half of FY19.

“EBITDA for HlFY20 improved by 34.1 per cent to Rs 1,029 million from Rs 767.5 million EBITDA for H1FY19, while the same declined by 9.4 per cent to Rs 370.2 million from Rs 408.7 million for the corresponding period last financial year. EBITDA Margin grew from 23.7 per cent in H1FY19 to 30.5 per cent in HlFY20, while growing from 24.2 per cent in Q2FY19 to 27 per cent in Q2FY20,” the company said in a statement.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/mona.jpg?itok=M7q1L_ZA
Mona Jain joins ABP News Network as Chief Revenue Officer

MUMBAI: Mona Jain, a veteran media professional with nearly two decades of experience, has joined ABP News Network as the company’s Chief Revenue Officer. She will be responsible for the organization’s revenue efforts across ANN channels, live events and digital platforms. Mona comes to ANN with a...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/sudhanshu.jpg?itok=FgeJ4QwE
Over-regulation can hurt M&E industry: Viacom18 CEO Sudhanshu Vats

MUMBAI: Indian M&E industry is on the cusp of a “transformational growth” trajectory and can be a huge driver for PM Narendera Modi’ dream of USD 5 Trillion Indian economy, provided the sector is not over-regulated, Viacom18 group CEO and MD Sudhanshu Vats said today, in his address to CII Big...

Television TV Channels GECs
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/saregampa.jpg?itok=9c3HBT8X
Saregama India reports 25% Q-o-Q Growth in consolidated revenue from operations

MUMBAI: Saregama, India’s oldest music label and the youngest movie studio, announced its financial results for the 2nd Quarter ended Sep 30.  Company’s consolidated Revenue from Operations for the Q2 FY20 is Rs. 1575 Mn as compared to Rs.1259 Mn in Q1 FY20, an increase of 25% Q-o-Q. Consolidated...

Television TV Channels Music and Youth
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/COLORS.jpg?itok=952iW5cA
COLORS’ to air Children’s Day Special show on Nov 16

MUMBAI: Children Day is one special day wherein even grown-ups let their guard down and have fun like kids again. Making this day even more special for everyone will be COLORS’ Children’s Day Special event which will be packed with lots of fun, games and unlimited entertainment. Celebrations will...

Television TV Channels GECs
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/hbo.jpg?itok=wUtSo7w9
HBO and HBO HD to premiere ‘Fantastic Beasts: The Crimes of Grindelwald’ on Nov 16

MUMBAI: Say bonjour to scurrying Nifflers and hovering Thestrals, as Newt Scamander unearths dark secrets in the magical world of Paris! Prepare to be bewitched as ‘Fantastic Beasts: Crimes of Grindelwald’ premieres on HBO and HBO HD on Saturday, 16 November, 9pm.

Television TV Channels English Entertainment
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/child_0.jpg?itok=S6842-TU
Nickelodeon launches #Khulkebolo campaign for Children's Day

MUMBAI: What is the most beautiful thing about kids? It is their innocence which is often lost as they grow older. Embracing this innocence and honesty of kids, this Children’s Day, Nickelodeon India has launched the campaign – #Khulke Bolo – encouraging kids to be themselves and speak openly...

Television TV Channels Kids
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/epic.jpg?itok=5KA8GX2g
EPIC Channel and Amar Chitra Katha announce content collaboration

MUMBAI: EPIC – India’s Storytellers and a showcase for the best India-centric content, announced a content partnership with Amar Chitra Katha - the custodians of India's greatest stories. As part of the collaboration between two of India’s most popular storytellers, the tales from ACK Media and...

Television TV Channels Factual
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/volley.jpg?itok=uIwwKlnL
Pro Volleyball league secures RuPay as tittle sponsor till season 4

MUMBAI: The RuPay Pro Volleyball League is an initiative of Volleyball Federation of India and Baseline Ventures with Sony Sports Network as broadcast partners. The season 2 of the league starts on 7th February 2020. In a major boost for the Pro Volleyball League, the league has announced that they...

Television TV Channels Sports
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/14/viv.jpg?itok=lmLkfanT
Romedy NOW celebrates Children's Day with #WingsToDream

Romedy Now, India’s one of the leading English Entertainment Channel celebrates this Children’s Day with its unique initiative, #WingsToDream that empowers children to explore and live their dreams.

Television TV Channels Viewership

Sign up for our Newsletter

subscribe for latest stories