News Karnataka
Tuesday, April 16 2024
Cricket
Business News

Zee Entertainment posts Rs 14.15 crore net loss for Q1

Zee Entertainment posts Rs 14p15 crore net loss for Q1
Photo Credit : IANS

Chennai: In a not so entertaining news to its shareholders, Zee Entertainment Enterprises Ltd (ZEEL) Wednesday said it closed the first quarter of FY24 with a net loss of Rs 14.15 crore.

In a regulatory filing, the ZEEL said during the first quarter of FY24, it had registered a operational revenue of Rs 1,832.35 crore (against Q1FY23’s Rs 1,663.24 crore) and a net loss of Rs 14.15 crore (net profit Rs 248.87 crore).

During the quarter under review, the company’s expenses went up to Rs 1,758.82 crore, up from Rs1,458.24 crore spent during the previous year corresponding period.

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp