Zee Entertainment Enterprises Q4 Results Live : Zee Entertainment Enterprises announced their Q4 results on 17 May, 2024, with the revenue increasing by 3.2% year-on-year and a profit of ₹13.35 crore.
The company had reported a loss of ₹196.01 crore in the same period of the previous fiscal year, making this turnaround in profitability significant.
Comparing to the previous quarter, the revenue showed a growth of 6.07%.
However, the Selling, general & administrative expenses saw a rise of 4.45% quarter-on-quarter and a significant increase of 206.79% year-on-year.
On the positive side, the operating income witnessed a notable increase of 45.04% quarter-on-quarter and 67.08% year-on-year.
The Earnings Per Share (EPS) for Q4 stood at ₹0.29, marking a decrease of 57.33% year-on-year.
In terms of market performance, Zee Entertainment Enterprises delivered a return of 0.68% in the last week, but has seen negative returns of -46.79% in the last 6 months and -51.57% year-to-date.
With a current market cap of ₹12779.71 crore, the company’s 52-week high/low stand at ₹299.7 and ₹129.25 respectively.
Analysts covering the company have mixed recommendations, with 5 analysts giving a Strong Sell rating, 6 analysts recommending Sell, and 6 analysts suggesting to Hold the stock.
As of 18 May, 2024, the consensus recommendation for Zee Entertainment Enterprises was to Sell.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2169.92 | 2045.67 | +6.07% | 2102.59 | +3.2% |
| Selling/ General/ Admin Expenses Total | 519.37 | 497.26 | +4.45% | 169.29 | +206.79% |
| Depreciation/ Amortization | 77.2 | 76.14 | +1.39% | 62.1 | +24.32% |
| Total Operating Expense | 2064.49 | 1972.98 | +4.64% | 2039.49 | +1.23% |
| Operating Income | 105.43 | 72.69 | +45.04% | 63.1 | +67.08% |
| Net Income Before Taxes | 113.97 | 82.14 | +38.75% | 36.17 | +215.1% |
| Net Income | 13.35 | 58.54 | -77.2% | -196.01 | +106.81% |
| Diluted Normalized EPS | 0.29 | 0.96 | -69.56% | 0.69 | -57.33% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹13.35Cr
Question : What is Q4 revenue?
Ans : ₹2169.92Cr
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Published: 18 May 2024, 11:27 AM IST