Zee Media Corporation reported a subdued set of Q2 earnings with margins down to almost 17 percent. In an interview to CNBC-TV18, Sumit Kapoor, CFO of the company spoke about the results and his outlook going ahead.
Zee Media Corporation is in focus as the company starts trading ex-loss making print business today. The new company will now have a TV and radio business. In an interview to CNBC-TV18, Sumit Kapoor, CFO of the company spoke at length about the same and his outlook going ahead.
Zee Media Corporation reported a steady set of numbers and margins improved but operating costs were higher. In an interview to CNBC-TV18, Sumit Kapoor, CFO of the company spoke about the results and his outlook going forward.
In an interview to CNBC-TV18, Sumit Kapoor, CFO, Zee Media Corporation spoke about the results and his outlook for the company.
Going ahead, Zee Media plans to launch a new business news channel, says company CEO Ashish Kirpal Pandit.
Zee Entertainment‘s advertising revenue grew 3% to Rs 61.4 crore against Rs 59.6 crore (Y-o-Y) and the subscription revenue rose by 8.4% to Rs 27 cr against Rs 25 crore on a quarter-on-quarter basis.
In an interview to CNBC-TV18, Alok Agrawal, CEO, Zee Media Corporation spoke about the latest happenings in his company ad his outlook.
Zee News posted a net loss of Rs 4 crore in Q4FY12 as against profit after tax of Rs 6.6 crore in a year ago period and PAT of Rs 10 crore in Q3FY12.
What is most interesting about the Q2 results of Zee News is that the company has managed to clock advertising revenue growth of 19.5% despite a weak environment. Speaking to CNBC-TV18, Barun Das, chief executive officer, ZEE news says that the ad growth is not encouraging except for the festive season.
In an exclusive interview with CNBC-TV18, Barun Das, CEO of Zee News says the company is confident of outgrowing the market by "5% TO 10% in FY12. He says the group is likely "to maintain the EBITDA margin between 18% and 20%.”
In an interview with CNBC-TV18, Barun Das, CEO of Zee News, spoke about the results and his outlook for the company.