a) Basis of preparation of financial statements
 
 The financial statements are prepared under the historical cost
 convention, on accrual basis of accounting, in accordance with the
 Generally Accepted Accounting Principles (''GAAP'') in India and comply
 with the mandatory Accounting Standards as notified by the Companies
 (Accounting Standards) Rules, 2006, to the extent applicable, and the
 presentational requirements of the Companies Act, 1956.  All assets and
 liabilities have been classified as current or non-current as per the
 Company''s normal operating cycle and other criteria set out in the
 revised schedule VI to the Companies Act, 1956. Based on the nature of
 products/services and the time between the acquisition of assets for
 processing and their realisation in cash and cash equivalents, the
 Company has ascertained its operating cycle being a period within 12
 months for the purposes of classification of assets and liabilities as
 current and non-current.
 
 b) Going concern
 
 The accompanying financial statements have been prepared assuming the
 Company will continue as a going concern. The management believes that
 it is appropriate to prepare these financial statements on a ''going
 concern'' basis, for following reasons:-
 
 i) The Company holds the valid DTH license from Government of India.
 
 ii) The DTH business necessitates long gestation period. Being first
 mover, the Company has incurred huge cost on establishment and on
 awareness of the product, brand building on a PAN India basis, the
 benefits of which will accrue in the future years.
 
 iii) The management is fully seized of the matter and is of the view
 that going concern assumption holds true and that the Company will be
 able to discharge its liabilities in the normal course of business
 since the Company holds sanctioned loan facilities from banks and would
 meet the debt obligations on due dates.
 
 iv) The Company has reasonable operating cash flows.
 
 Accordingly, the financial statements do not require any adjustment as
 to the balances carried in the balance sheet.
 
 c) Use of estimates
 
 The preparation of financial statements in conformity with the GAAP in
 India requires management to make estimates and assumptions that affect
 the reported amounts of assets and liabilities and the disclosure of
 contingent liabilities on the date of the financial statements. Actual
 results could differ from those estimates.  Examples of such estimates
 include estimated useful life of fixed assets, classification of
 assets/liabilities as current or non-current in certain circumstances,
 estimate of future obligations under employee retirement benefits, etc.
 Differences between the actual results and estimates are recognised in
 the year in which such results are known/ materialized.  Any revision
 to accounting estimates is recognised in accordance with the
 requirements of the respective Accounting Standards, generally
 prospectively, in current and future periods.
 
 d) Fixed assets
 
 Tangible assets
 
 Fixed assets are recorded at the cost of acquisition, net of cenvat
 credit, including all incidental expenses attributable to the
 acquisition and installation of assets, upto the date when the assets
 are ready for use.
 
 CPEs are capitalized on activation of the same.
 
 Intangible assets
 
 Intangible assets are recognised if it is probable that the future
 economic benefits that are attributable to the asset will flow to the
 Company and the cost of the asset can be measured reliably. These
 assets are valued at cost which comprises the purchase price and any
 directly attributable expenditure on making the asset ready for its
 intended use.
 
 License fees paid, including fee paid for acquiring license to operate
 DTH services, is capitalized as intangible asset.
 
 Cost of computer software includes license fees, cost of implementation
 and appropriate system integration expenses. These costs are
 capitalized as intangible assets in the year in which related software
 is implemented.
 
 e) Depreciation/ amortisation
 
 Tangible assets
 
 Depreciation on tangible fixed assets, except CPEs, is provided on the
 straight-line method at the rates specified in Schedule XIV of the
 Companies Act, 1956.  CPEs are depreciated over their useful life of
 five years, as estimated by the management, (also refer to note 39
 (b)). CPEs that remain inactive for a specified long period of time,
 determined based on past experience, are depreciated on accelerated
 basis.
 
 Corresponding lease advances in such cases are recognised as income.
 
 Leasehold improvements are amortised over the period of lease or their
 useful lives, whichever is shorter.
 
 Assets individually costing upto Rs. 5,000 are fully depreciated in the
 year of purchase.
 
 Intangible assets
 
 Goodwill on acquisition is amortised over a period of five years.
 
 DTH license fee is amortized over the period of license and other
 license fees are amortized over the management estimate of useful life
 of five years.
 
 Software are amortised on straight line method over an estimated life.
 
 f) Impairment
 
 The carrying amounts of the Company''s assets (including goodwill) are
 reviewed at each balance sheet date in accordance with Accounting
 Standard 28 ''Impairment of Assets'', to determine whether there is any
 indication of impairment. If any such indication exists, the asset''s
 recoverable amount is estimated as higher of its net selling price and
 value in use. An impairment loss is recognized whenever the carrying
 amount of an asset or its cash generating unit exceeds its recoverable
 amount. Impairment losses are recognised in the Statement of Profit and
 Loss.
 
 An impairment loss is reversed if there has been a change in the
 estimates used to determine the recoverable amount. An impairment loss
 is reversed only to the extent that the asset''s carrying amount does
 not exceed the carrying amount that would have been determined net of
 depreciation or amortisation, had no impairment loss been recognised.
 
 g) Borrowing costs
 
 Borrowing costs that are attributable to the acquisition or
 construction of qualifying assets are capitalized as part of the cost
 of such assets to the extent that they relate to the period till such
 assets are ready to be put to use. A qualifying asset is one that
 necessarily takes substantial period of time to get ready for its
 intended use. All other borrowing costs are charged to Statement of
 Profit and Loss.
 
 h) Inventories
 
 Inventories of CPEs and related accessories are valued at the lower of
 cost and net realisable value. Cost of inventories includes all costs
 incurred in bringing the inventories to their present location and
 condition.  Cost is determined on a weighted average basis.
 
 i) Revenue recognition
 
 i) Service income
 
 - Subscription and other service revenues are recognized on an accrual
 basis on rendering of the service.
 
 - Lease rental is recognized as revenue as per the terms of the
 contract of operating lease over the period of lease on a straight line
 basis.
 
 ii) Sale of goods
 
 - Revenue from sale of stock -in- trade is recognised when the products
 are dispatched against orders to the customers in accordance with the
 contract terms, which coincides with the transfer of risks and rewards.
 
 - Sales are stated net of rebates, trade discounts, sales tax and sales
 returns.
 
 iii) Interest income
 
 Income from deployment of surplus funds is recognised using the time
 proportion method, based on interest rates implicit in the transaction.
 
 j) Foreign currency transactions and forward contracts
 
 Foreign currency transactions i) Foreign currency transactions are
 accounted for at the exchange rate prevailing on the date of the
 transaction. All monetary foreign currency assets and liabilities are
 converted at the exchange rates prevailing at the date of the balance
 sheet. All exchange differences, other than in relation to acquisition
 of fixed assets and other long term foreign currency monetary
 liabilities are dealt with in the Statement of Profit and Loss.
 
 ii) In accordance with Accounting Standard-11, Accounting for the
 Effects of Changes in Foreign Ex change Rates, exchange differences
 arising in respect of long term foreign currency monetary items used
 for acquisition of depreciable capital asset, are added to or deducted
 from the cost of asset and are depreciated over the balance life of
 asset.
 
 iii) The premium or discount arising on entering into a forward
 exchange contract for hedging underlying assets and liabilities is
 measured by the difference between the exchange rate at the date of the
 inception of the forward exchange contract and the forward rate
 specified in the contract and is amortised as expense or income over
 the life of the contract. Exchange difference on a forward exchange
 contract is the difference between: the foreign currency amount of the
 contract translated at the exchange rate at the reporting date, or the
 settlement date where the transaction is settled during the reporting
 period, and;
 
 the same foreign currency amount translated at the latter of the date
 of inception of the forward exchange contract and the last reporting
 date.
 
 These exchange differences are recognised in the Statement of Profit
 and Loss in the reporting period in which the exchange rates change.
 
 iv) Derivatives
 
 The Company enters into derivative transactions for hedging purposes.
 In respect of interest rate swaps, which are not covered by Accounting
 Standard 11 ''The Effects of Changes in Foreign Exchange Rates'', such
 contracts are marked to market and provision for net loss, if any, is
 recognised in the Statement of Profit and Loss. Resultant gains, if
 any, on account of mark to market are ignored. The Company does not
 hold or issue derivative financial instruments for trading or
 speculative purposes.
 
 k) Investments
 
 Investments are classified as long term or current based on the intent
 of the management at the time of acquisition.
 
 Long term investments are carried at cost. The carrying value of such
 investments is adjusted for other than temporary diminution in value,
 where necessary. Current investments are valued at the lower of cost
 and fair value.
 
 i) Employee benefits
 
 i) Short-term employee benefits
 
 All employee benefits payable wholly within twelve months of rendering
 the service are classified as short-term employee benefits. Benefits
 such as salaries, wages, and bonus, etc., are recognised in the
 Statement of Profit and Loss in the period in which the employee
 renders the related service.
 
 ii) Post employment benefit
 
 Defined contribution plan
 
 The Company deposits the contributions for provident fund to the
 appropriate government authorities and these contributions are
 recognised in the Statement of Profit and Loss in the financial year to
 which they relate.
 
 Defined benefit plan
 
 The Company''s gratuity scheme is a defined benefit plan. The present
 value of the obligation under such defined benefit plan is determined
 based on actuarial valuation carried out at the end of the year by an
 independent actuary, using the Projected Unit Credit Method, which
 recognises each period of service as giving rise to additional unit of
 employee benefit entitlement and measures each unit separately to build
 up the final obligation. The obligation is measured at the present
 value of the estimated future cash flows.
 
 The discount rates used for determining the present value of the
 obligation under defined benefit plans is based on the market yields on
 Government Securities for relevant maturity. Actuarial gains and losses
 are recognized immediately in the Statement of Profit and Loss.
 
 iii) Other long term employee benefits
 
 Benefits under the Company''s leave encashment constitute other
 long-term employee benefits. The liability in respect of vacation pay
 is provided on the basis of an actuarial valuation done by an
 independent actuary at the year end. Actuarial gains and losses are
 recognised immediately in the Statement of Profit and Loss.
 
 m) Employee stock option scheme
 
 The Company calculates the compensation cost based on the intrinsic
 value method wherein the excess of value of underlying equity shares as
 on the date of the grant of options over the exercise price of the
 options given to employees under the employee stock option schemes of
 the Company, is recognised as deferred stock compensation cost and
 amortised over the vesting period on a graded vesting basis.
 
 n) Leases
 
 Operating lease
 
 Leases where the lessor effectively retains substantially all the risks
 and benefits of ownership of the leased asset are classified as
 operating leases. Operating lease charges are recognised as an expense
 in the Statement of Profit and Loss on a straight line basis.
 
 o) Earnings per share
 
 Basic earnings/loss per share are calculated by dividing the net profit
 or loss for the period attributable to equity shareholders by the
 weighted average number of equity shares outstanding during the year.
 
 For the purpose of calculating diluted earnings per share, the net
 profit or loss for the year attributable to equity shareholders and the
 weighted average number of shares outstanding during the year are
 adjusted for the effects of all dilutive potential equity shares.
 
 p) Taxation
 
 Income tax expense comprises current tax and deferred tax charge or
 credit. Current tax provision is made based on the tax liability
 computed after considering tax allowances and exemptions under the
 Income tax Act, 1961. The deferred tax charge or credit and the
 corresponding deferred tax liability and assets are recognised using
 the tax rates that have been enacted or substantively enacted on the
 balance sheet date.  Deferred tax assets arising from unabsorbed
 depreciation or carry forward losses are recognised only if there is
 virtual certainty of realisation of such amounts. Other deferred tax
 assets are recognised only to the extent there is reasonable certainty
 of realisation in future. Deferred tax assets are reviewed at each
 balance sheet date to reassess their readability and are written down
 or written up to reflect the amount that is reasonably/ virtually
 certain, as the case may be.
 
 q) Provisions and contingent liabilities
 
 The Company recognises a provision when there is a present obligation
 as a result of a past event and it is more likely than not that there
 will be an outflow of resources embodying economic benefits to settle
 such obligations and the amount of such obligation can be reliably
 estimated. Provisions are not discounted to their present value and are
 determined based on the management''s estimation of the outflow required
 to settle the obligation at the balance sheet date. These are reviewed
 at each balance sheet date and adjusted to reflect current management
 estimates.
 
 Contingent liabilities are disclosed in respect of possible obligations
 that have arisen from past events and the existence of which will be
 confirmed only by the occurrence or non-occurrence of future events,
 not wholly within the control of the Company. Contingent liabilities
 are also disclosed for the present obligations in respect of which it
 is not possible that there will be an outflow of resources or a
 reliable estimate of the amount of obligation cannot be made.
 
 When there is an obligation in respect of which the likelihood of
 outflow of resources is remote, no provision or disclosure is made.
 
 a) Term loans
 
 i) Term loans of Rs. 22,669 lacs (previous year Rs. 25,907 lacs) are under
 syndicate Rupee Loan Facility and are secured by the creation of a
 first ranking charge by way of mortgage in favor of a security trustee
 over all the immoveable assets, present and future, a charge by way of
 hypothecation over (i) all the moveable assets, present and future;
 (ii) the balances lying in and to the credit of certain accounts and
 the proceeds of any investments made out of the said balances; and
 (iii) all the rights, title and interest in various contracts,
 authorizations, approvals and licenses, including the DTH license (to
 the extent that it is capable of being charged or assigned) and
 insurance policies.  Further, an amount equal to three months payment
 of principal and interest on the outstanding facility is guaranteed by
 Zee Entertainment Enterprises Limited, a related party [refer to note
 38 e)].
 
 ii) Term loan from a bank of Rs. 1,250 lacs (previous year Rs. 6,250 lacs)
 is secured by subservient charge on all assets (both present and
 future).  Further, unconditional and irrevocable Corporate Guarantee of
 Zee Entertainment Enterprises Limited, a related party [refer to note
 38 e)].
 
 iii) Term loan of nil (previous year Rs. 21,000 lacs) is secured by
 second pari passu charge on entire fixed assets of the Company and is
 guaranteed by two directors and also collaterally secured by immovable
 property and corporate guarantee provided by Rama Associates Limited
 and Essel Infra Projects Limited, related parties [refer to note 38
 e)].
 
 b) Buyer''s credits
 
 i) Buyer''s credit of Rs. 33,280 lacs (previous year Rs. 7,628 lacs) is
 secured by pari passu first charge on the movable and immovable fixed
 assets and current assets of the Company. Further, a corporate
 guarantee is given by Dhaka V\ferriors Sports Private Limited in
 respect of this loan.
 
 ii) Buyer''s credit of Rs. 20,033 lacs (previous year Rs. 16,994 lacs) is
 secured by first ranking pari passu charge on all present and future
 tangible movable/ immovable and current assets of the Company including
 proceeds account; exclusive charge on reserve account; assignment of
 rights, titles and interest of the Company in all the contracts,
 authorisations, approvals, and licenses (to the extent the same are
 capable of being assigned); and assignment of all insurance policies.
 
 iii) Buyer''s credit ofRs. 36,857 lacs (previous yearRs. 10,689 lacs) is
 secured by first pari passu charge on all present and future movable
 and immovable assets, including but not limited to inventory of
 set-top-boxes and accessories etc., book debts, operating cash flows,
 receivables, commissions, revenue of whatever nature and wherever
 arising, present and future, and on all intangibles assets including
 but not limited to goodwill and uncalled capital, present and future,
 of the Company.  Further, a corporate guarantee is given by Churu
 Trading Company Private Limited and Jayneer Capital Private Limited and
 a personal guarantee by key managerial personnel in respect of this
 loan.
 
 iv) Buyer''s credit of Rs. nil (previous year Rs. 7,578 lacs ) is secured by
 first charge on current assets, movable properties, receivables and
 equipment that rank pari passu with the charge of certain other
 lenders, both present and future. Further, a corporate guarantee is
 given by Zee Entertainment Enterprises Limited in respect of these
 loans, under which, a default by the Company would give ICICI the right
 to accelerate the loan, Zee Entertainment Enterprises Limited has
 covenanted that it will not provide any guarantee for repayment of any
 facility in excess of Rs. 20,000 lacs.
 
 Terms of repayment
 
 Repayable in quarterly installments
 
 i) Loan amounting to Rs. 3,351 lacs as on reporting date is payable in 14
 quarterly installments alongwith monthly interest at bank rate plus
 3.25% p.a.  ii) Loan amounting to f 6,563 lacs as on reporting date is
 payable in 14 quarterly installments alongwith monthly interest at bank
 rate plus 2.25% p.a.  iii) Loan amounting to f 8,380 lacs as on
 reporting date is payable in 14 quarterly installments alongwith
 monthly interest at bank rate plus 1.75% p.a.  iv) Loan amounting to Rs.
 4,375 lacs as on reporting date is payable in 14 quarterly installments
 alongwith monthly interest at bank rate plus 0.50% plus 1.80% p.a.
 
 Loan amounting to Rs. 1250 lacs as on reporting date is payable in one
 quarterly installment alongwith monthly interest at Prime Lending Rate
 (PLR) minus 4.5% p.a.
 
 The loan has been repaid during the year.
 
 Buyer''s credit comprises of several loan transactions ranging between 2
 to 3 years of maturities. Each transaction is repayable in full on
 maturity dates falling between November'' 2014 (being farthest) and
 September'' 2013 (being closest).  Interest on all Buyer''s Credit is
 payable in half yearly installments ranging from Libor plus 135 bps to
 Libor plus 240 bps
 
 Buyer''s credit comprises of several loan transactions ranging between
 2.5 to 3 years of maturities. Each transaction is repayable in full on
 maturity dates falling between April'' 2014 (being farthest) and June''
 2013 (being closest).  Interest on all Buyer''s Credit is payable in
 half yearly installments at Libor plus 200 bps
 
 Buyer''s Credit comprises of several loan transactions ranging between
 2.5 to 3 years of maturities. Each transaction is repayable in full on
 maturity dates, falling between October'' 2014 (being farthest) and
 November'' 2012 (being closest).  Interest on all Buyer''s Credit is
 payable in half yearly installments ranging from Libor plus 185 bps to
 Libor plus 350 bps
 
 Buyer''s credit has been repaid during the year.
 
 v) Buyer''s credit of Rs. 6,432 lacs (previous year f 11,564 lacs) is
 secured by an exclusive charge on Consumer Premises Equipment (CPE)
 imported under this facility, a charge on Reserves Account, which shall
 have minimum balance equal to Minimum Reserve Amount, the assignment of
 insurance policies pertaining to the CPE charged, if any, and
 completion support undertaking from Zee Entertainment Enterprises
 Limited, a related party (refer to note 38e).
 
 c) Vehicle loans
 
 Vehicle loans from banks and others are secured by way of hypothecation
 of vehicles.
 
 d) The Company did not have any continuing defaults as on the balance
 sheet date in repayment of loans and interests.
 
 Buyer''s credit comprises of several loan transactions ranging between
 2.5 to 3 years of maturities. Whole amount is repayable in the period
 by June'' 2012.  Interest on all Buyer''s Credit is payable in half
 yearly installments and is based on six months Libor plus 2% p.a.
 
 i) Balance aggregating Rs. 2.20 lacs as at reporting date is repayable in
 15 equated monthly installments
 
 ii) Balance aggregating 7 0.48 lac as at reporting date is repayable in
 4 equated monthly installments
 
 iii) Balance aggregating f 4.84 lacs as at reporting date is repayable
 in 19 equated monthly installments
 
 iv) Balance aggregating Rs. 0.27 lac as at reporting date is repayable in
 3 equated monthly installments