ZEE ENTERTAINMENT Announces Quarterly Results (3QFY19); Net Profit Up 74.8%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ZEE ENTERTAINMENT Announces Quarterly Results (3QFY19); Net Profit Up 74.8%
Wed, 16 Jan

ZEE ENTERTAINMENT has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

ZEE ENTERTAINMENT Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m18,38119,75921,6689.7%17.9%
Other incomeRs m48058986045.9%79.0%
TurnoverRs m18,86120,34822,52810.7%19.4%
ExpensesRs m12,85613,22213,7484.0%6.9%
Gross profitRs m5,5256,5377,91921.1%43.3%
DepreciationRs m5055886154.5%21.8%
InterestRs m2455551.3%133.9%
Profit before taxRs m5,4776,4838,10925.1%48.1%
TaxRs m2,2602,6242,484-5.3%9.9%
Profit after taxRs m3,2183,8595,62545.8%74.8%
Gross profit margin%30.133.136.5
Effective tax rate%41.340.530.6
Net profit margin%17.119.025.0
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 17.9% on a year-on-year (YoY) basis. The expenses were up by 6.9% YoY during the same period.
  • The company's operating profit increased by 43.3% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 36.5% in 3QFY19 as against 30.1% in 3QFY18.
  • Depreciation charges increased by 21.8% and finance costs increased by 133.9% YoY, respectively.
  • Other income increased by 79.0% YoY during the quarter.
  • Net profit for the quarter increased by 74.8% YoY. Net profit margins during the quarter increased from 17.1% in 3QFY18 to 25.0% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 9.7% on a quarter-on-quarter (QoQ) basis. The expenses were up by 4.0% QoQ during the same period.
  • The company's operating profit increased by 21.1% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 36.5% in 3QFY19 as against 33.1% in 2QFY18.
  • Net profit for the quarter increased by 45.8% QoQ, while net profit margins increased from 19.0% in 2QFY18 to 25.0% in 3QFY19.

To see how ZEE ENTERTAINMENT has performed over the last eight quarters, please visit here.

ZEE ENTERTAINMENT Share Price Performance

Over the last one year, ZEE ENTERTAINMENT share price has moved up from Rs 613.1 to Rs 458.8, registering a Loss of Rs 154.3 or around 25.2%.

Meanwhile, the S&P BSE TECK Index is trading at Rs 7,309.3 (up 0.4%). Over the last one year it has moved up from 6,712.2 to 7,309.3, a gain of 597 points (up 8.9%).

Overall, the S&P BSE SENSEX is up 4.3% over the year.

Current Valuations

At the current price of Rs 458.8, the price to earnings (P/E) ratio of ZEE ENTERTAINMENT stands at 29.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.8 times.

Equitymaster requests your view! Post a comment on "ZEE ENTERTAINMENT Announces Quarterly Results (3QFY19); Net Profit Up 74.8%". Click here!

  

Related Views on News

ZEE ENTERTAINMENT Announces Quarterly Results (3QFY20); Net Profit Down 38.0% (Quarterly Result Update)

Jan 24, 2020 | Updated on Jan 24, 2020

For the quarter ended December 2019, ZEE ENTERTAINMENT has posted a net profit of Rs 3 bn (down 38.0% YoY). Sales on the other hand came in at Rs 20 bn (down 5.5% YoY). Read on for a complete analysis of ZEE ENTERTAINMENT's quarterly results.

ZEE ENTERTAINMENT Announces Quarterly Results (2QFY20); Net Profit Up 7.1% (Quarterly Result Update)

Oct 25, 2019 | Updated on Oct 25, 2019

For the quarter ended September 2019, ZEE ENTERTAINMENT has posted a net profit of Rs 4 bn (up 7.1% YoY). Sales on the other hand came in at Rs 21 bn (up 7.4% YoY). Read on for a complete analysis of ZEE ENTERTAINMENT's quarterly results.

ZEE ENTERTAINMENT 2018-19 Annual Report Analysis (Annual Result Update)

Sep 9, 2019 | Updated on Sep 9, 2019

Here's an analysis of the annual report of ZEE ENTERTAINMENT for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ZEE ENTERTAINMENT. Also includes updates on the valuation of ZEE ENTERTAINMENT.

ZEE ENTERTAINMENT 2017-18 Annual Report Analysis (Annual Result Update)

Aug 9, 2018 | Updated on Aug 9, 2018

Here's an analysis of the annual report of ZEE ENTERTAINMENT for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ZEE ENTERTAINMENT. Also includes updates on the valuation of ZEE ENTERTAINMENT.

More Views on News

Most Popular

This is How You Should Trade Intraday(Fast Profits Daily)

Jun 19, 2020

In this video, I'll show you how to trade the market intraday like a professional trader.

Be Prepared to Profit from the Coming Crash in Oil Prices(Fast Profits Daily)

Jun 25, 2020

The stability in crude oil prices will not last much longer. Be ready to make fast profits when the time comes to short crude.

Tata Motors Tripled in 18 Months but You Can Do Even Better. Here's How...(Profit Hunter)

Jun 24, 2020

Rahul is ready for a repeat of his famous 2008 Tata Motors call.

This Ratio Says Smallcaps Are Your Best Bet to Ride the Post Covid Market Rebound(Profit Hunter)

Jun 23, 2020

Here's why I believe that post Covid rebound in smallcaps will be much sharper than largecaps.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

ZEE ENTERTAINMENT SHARE PRICE


Jul 2, 2020 (Close)

TRACK ZEE ENTERTAINMENT

  • Track your investment in ZEE ENTERTAINMENT with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON ZEE ENTERTAINMENT

ZEE ENTERTAINMENT - NEWS CORP. COMPARISON

COMPARE ZEE ENTERTAINMENT WITH

MARKET STATS