Zee Entertainment Enterprises Q2 FY24 results: profit rise by 8.94% YOY | Mint
Active Stocks
Tue Feb 27 2024 15:57:55
  1. State Bank Of India share price
  2. 749.70 -1.23%
  1. Tata Steel share price
  2. 144.15 1.09%
  1. Power Grid Corporation Of India share price
  2. 292.50 1.65%
  1. Sun Pharmaceutical Industries share price
  2. 1,579.10 1.42%
  1. ITC share price
  2. 411.15 0.48%
Business News/ Companies / Company Results/  Zee Entertainment Enterprises Q2 FY24 results: profit rise by 8.94% YOY

Zee Entertainment Enterprises Q2 FY24 results: profit rise by 8.94% YOY

Zee Entertainment Enterprises Q2 FY24 results: Revenue increased by 20.45% YoY & profit increased by 8.94% YoY

Zee Entertainment Enterprises Q2 FY24 ResultsPremium
Zee Entertainment Enterprises Q2 FY24 Results

Zee Entertainment Enterprises declared their Q2 FY24 results on 09 Nov, 2023. The topline increased by 20.45% & the profit increased by 8.94% YoY. As compared to the previous quarter, the revenue grew by 22.88% and the profit increased by 330.18%.

The Selling, general & administrative expenses declined by 0.75% q-o-q & decreased by 0.5% Y-o-Y.

The operating income was up by 2248.96% q-o-q & decreased by 30% Y-o-Y.

The EPS is 2.23 for Q2 FY24 which increased by 26.36% Y-o-Y.

Zee Entertainment Enterprises has delivered -2.41% return in the last 1 week, 36.83% return in the last 6 months, and 9.5% YTD return.

Currently, Zee Entertainment Enterprises has a market cap of 25247.25 Cr and 52wk high/low of 290.7 & 170.1 respectively.

As of 11 Nov, 2023, out of 19 analysts covering the company, 2 analysts have given a Sell rating, 2 analysts have given a Hold rating, 5 analysts have given a Buy rating, and 10 analysts have given a Strong Buy rating.

The consensus recommendation as of 11 Nov, 2023, was to Strong Buy.

Zee Entertainment Enterprises Financials

PeriodQ2 FY24Q1 FY24Q-o-Q GrowthQ2 FY23Y-o-Y Growth
Total Revenue2437.791983.8+22.88%2023.9+20.45%
Selling/ General/ Admin Expenses Total532.91536.96-0.75%535.57-0.5%
Depreciation/ Amortization77.2378.52-1.64%74.34+3.89%
Total Operating Expense2302.021978.02+16.38%1829.94+25.8%
Operating Income135.775.78+2248.96%193.96-30%
Net Income Before Taxes184.230.75+24464%201.32-8.49%
Net Income122.96-53.42+330.18%112.87+8.94%
Diluted Normalized EPS2.230.52+327.45%1.77+26.36%


Question : What is the Q2 FY24 profit/Loss as per company?

Ans : ₹122.96Cr

Question : What is Q2 FY24 revenue?

Ans : ₹2437.79Cr

Stay updated on quarterly results with our results calendar

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 11 Nov 2023, 02:14 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App