• SENSEX
    NIFTY 50
VIDEOS
Earnings

Zee Entertainment Q2 Earnings: Net profit likely to grow by 17%

Updated : October 17, 2019 09:21:38 IST

Essel Group-owned Zee Entertainment will be reporting its second-quarter results today. Here are the key expectations:

  • Revenues are likely to grow 8 percent to Rs 2,136 crore.
  • The EBITDA is likely to grow 2.5-3 percent to Rs 693-700 crore.
  • This means that the margins may come in at 32.5 percent.
  • The net profit is expected to grow by 17 percent, upwards of Rs 450 crore.
  • Ad revenue growth is likely at 2-4 percent.
  • Subscription revenue as a result of the Telecom Regulatory Authority of India (TRAI) order will continue to grow fast.
  • The net profit growth, despite a muted revenue and EBITDA growth, would be primarily on account of a corporate tax cut.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement