financetom
Business
financetom
/
Business
/
Zee Entertainment Q4FY21 preview: Street expects revenues at Rs 2,000 cr; margins at 27%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Zee Entertainment Q4FY21 preview: Street expects revenues at Rs 2,000 cr; margins at 27%
May 20, 2021 3:17 AM

Zee Entertainment will be reporting its O4FY21 earnings today. The estimates are on a depressed base quarter which had a lot of one-offs and provisions along with COVID impact.

In absolute terms, the street is expecting Rs 2,000 crore of revenues, operating profits of around Rs 532 crore, margins at 27 percent, and net profit of Rs 337 crore. After a prolonged decline in ad revenues, last quarter company saw a 7.5 percent increase and this quarter street is expecting 6 percent growth in ad revenues. Subscription is expected to see a 14 percent growth

CNBC-TV18’s Nupur Jainkunia gets more details on what to expect from the numbers.

Watch the video for more.

(Edited by : Abhishek Jha)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US court officer moves to block creditors from derailing Citgo auction
US court officer moves to block creditors from derailing Citgo auction
Sep 10, 2024
HOUSTON (Reuters) - A U.S. federal court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum on Monday asked the judge in the case to prevent creditors from pursuing additional lawsuits that could derail the sales process. Three creditors that had registered claims with the court but are unlikely to receive auction proceeds have filed...
Chevron evacuating staff, shutting in two U.S. offshore oil platforms
Chevron evacuating staff, shutting in two U.S. offshore oil platforms
Sep 10, 2024
HOUSTON, Sept 9 (Reuters) - Chevron ( CVX ) on Monday began evacuating all staff and shutting in oil and gas output at two U.S. Gulf of Mexico offshore production platforms, a spokesperson said. The production halt affected its Anchor and Tahiti platforms. Operations continue as normal at its other offshore platforms and at onshore facilities, the spokesperson said. Earlier,...
Australia plans social media ban for children
Australia plans social media ban for children
Sep 10, 2024
SYDNEY, Sept 10 (Reuters) - Australia said on Tuesday it planned to introduce legislation this year to ban children from using social media platforms, citing the risks it could pose to physical and mental health. Prime Minister Anthony Albanese said his centre-left government would begin an age verification trial over the next few months. I want to see kids off...
Nippon Steel's US setback a wake-up for Japan Inc's foreign forays
Nippon Steel's US setback a wake-up for Japan Inc's foreign forays
Sep 10, 2024
HONG KONG/TOKYO (Reuters) -Japanese firms are set to scrutinise overseas deals more intently after U.S. resistance to Nippon Steel's $15 billion U.S. Steel purchase, advisers said. Any U.S. move to block Japan's Nippon Steel would be very unsettling, one of the front-runners to become the next Japanese premier told Reuters, and could dent trust between the allies. Reuters reported this...
Copyright 2023-2026 - www.financetom.com All Rights Reserved