Zee Entertainment surges despite reporting 33% fall in Q4 consolidated net profit
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Zee Entertainment Enterprises is currently trading at Rs. 235.35, up by 5.60 points or 2.44% from its previous closing of Rs. 229.75 on the BSE.
The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 238.90 and Rs. 228.35 respectively. So far 186885 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 378.60 on 15-Dec-2021 and a 52 week low of Rs. 166.80 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 244.00 and Rs. 222.60 respectively. The current market cap of the company is Rs. 22485.76 crore.
The promoters holding in the company stood at 3.99%, while Institutions and Non-Institutions held 72.20% and 23.81% respectively.
Zee Entertainment Enterprises has reported a fall of 26.45% in its net profit at Rs 321.71 crore for the quarter ended March 31, 2022 as compared to Rs 437.42 crore for the same quarter in the previous year. However, total income of the company increased by 7.19% at Rs 2,146.30 crore for Q4FY22 as compared Rs 2,002.27 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 33.20% in its net profit at Rs 181.93 crore for the quarter ended March 31, 2022 as compared to Rs 272.36 crore for the same quarter in the previous year. However, total income of the company increased by 18.99% at Rs 2,361.17 crore for Q4FY22 as compared Rs 1,984.39 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 19.46% in its net profit at Rs 1,338.85 crore as compared to Rs 1120.74 crore for the previous year. Total income of the company increased by 10.14% at Rs 7,630.48 crore for year under review as compared to Rs 6,927.70 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 20.52% in its net profit at Rs 955.77 crore as compared to Rs 793.04 crore for the previous year. Total income of the company increased by 6% at Rs 8,310.64 crore for year under review as compared to Rs 7,840.35 crore for year ended March 31, 2021.
