Total income during the quarter under review stood at ₹2,076.06 crore, up 14.48% from ₹1,813.43 crore in the corresponding quarter of the previous year.
"We have delivered another quarter of strong operating performance which is commendable given the challenges the industry is facing in implementing the TRAI tariff order," ZEEL Managing Director and CEO Punit Goenka said.
ZEEL's total expenses during the quarter stood at ₹1,612.60 crore, up 23.77% from ₹1,302.84 crore in the year-ago period.
Revenue from advertisement rose 16%to ₹1,217.49 crore, as compared with ₹1,049.55 crore in March quarter of 2017-18.
Revenue from subscription also rose 3.43 % to ₹565.27 crore as against ₹546.52 crore in the corresponding quarter last year.
"The subscription and advertising revenues for the fourth quarter were impacted due to the tariff order. However, our medium-term growth outlook for the business remains unchanged," Goenka said.