Leading media company ZEE on Tuesday reported 141% growth in its consolidated net profit at Rs 58.5 crore for the quarter ended December 2023. The same stood at Rs 24.3 crore in the last year quarter.
Revenue from operations during the third quarter fell 3% year-on-year (YoY) to Rs 204 crore.
The company has reported an EBITDA of Rs 209 crore in the reporting quarter, which declined 43% YoY from Rs 366 crore in the same quarter of last year.
EBITDA margins, meanwhile, declined to 10.2% in the reporting period, compared with 17.4% a year ago.
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