Zee Entertainment Enterprises disclosed a decline in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company declined 3.69% to Rs 2,275.50 million from Rs 2,362.70 million in the same quarter previous year.
Net sales for the quarter rose marginally 1.50% to Rs 11,178.20 million, compared with Rs 11,013 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.00, registering 18.70% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 11,178.20 | 11,012.80 | 1.50 |
| Net Profit | 2,275.50 | 2,362.70 | (3.69) |
| Basic EPS | 2.00 | 2.46 | (18.70) |
Shares of the company gained Rs 8.65, or 2.76%, to trade at Rs 321.50. The total volume of shares traded was 450,573 at the BSE (3.37 p.m., Friday).
